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Cost of Living in Bowie, MD

Population 57,926 · Census ACS 2020–2024 5-year estimates

Median rent$2,330
Median home value$459,300
Median household income$141,995

The median rent in Bowie, MD is $2,330/month, 37% higher than the Maryland median and 65% higher than the U.S. median. The median home value is $459,300, 38% higher than the national median. Households earn a median of $141,995 a year, 37% higher than the state median.

Affordability

Rent as a share of median income: 19.7%
Income needed for median rent (30% rule): $93,200/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,322/mo

Run your own numbers: mortgage calculator · hourly to salary

Bowie vs. Maryland vs. U.S.

BowieMarylandU.S.
Median rent$2,330$1,705$1,413
Median home value$459,300$419,900$332,700
Median household income$141,995$103,678$80,734
Homeownership rate83.9%67.6%65.2%
Bachelor's degree or higher50.4%43.4%35.7%
Poverty rate3.8%9.4%12.5%
Unemployment rate4.7%4.9%5.2%
Work from home26.0%19.3%15.1%
Median age44.039.438.9

FAQ

What is the average rent in Bowie, MD?

The median gross rent in Bowie, MD is $2,330 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Bowie, MD?

Using the common 30% rule, renting a median-priced home takes about $93,200 a year in gross income.

Is Bowie, MD expensive to live in?

Rent there is 65% higher than the U.S. median, and the median home costs about 3.2 times the median household income.

Other cities in Maryland

Baltimore, MDRent $1,331 · Income $62,177Columbia, MDRent $2,042 · Income $131,490Germantown, MDRent $2,040 · Income $117,546Frederick, MDRent $1,764 · Income $97,069Waldorf, MDRent $1,995 · Income $116,089Silver Spring, MDRent $1,913 · Income $99,860

Cities with a similar cost of living

Fruit Cove, FLRent $2,336 · Income $141,863Arlington, VARent $2,322 · Income $142,114Bothell, WARent $2,346 · Income $140,427Folsom, CARent $2,352 · Income $139,804Mililani Mauka, HIRent $2,350 · Income $138,942Centreville, VARent $2,299 · Income $139,510

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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