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Cost of Living in Clarksburg, MD

Population 30,487 · Census ACS 2020–2024 5-year estimates

Median rent$2,495
Median home value$679,400
Median household income$176,678

The median rent in Clarksburg, MD is $2,495/month, 46% higher than the Maryland median and 77% higher than the U.S. median. The median home value is $679,400, 104% higher than the national median. Households earn a median of $176,678 a year, 70% higher than the state median.

Affordability

Rent as a share of median income: 16.9%
Income needed for median rent (30% rule): $99,800/yr
Home price-to-income ratio: 3.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,435/mo

Run your own numbers: mortgage calculator · hourly to salary

Clarksburg vs. Maryland vs. U.S.

ClarksburgMarylandU.S.
Median rent$2,495$1,705$1,413
Median home value$679,400$419,900$332,700
Median household income$176,678$103,678$80,734
Homeownership rate89.9%67.6%65.2%
Bachelor's degree or higher69.0%43.4%35.7%
Poverty rate3.8%9.4%12.5%
Unemployment rate4.4%4.9%5.2%
Work from home30.5%19.3%15.1%
Median age38.039.438.9

FAQ

What is the average rent in Clarksburg, MD?

The median gross rent in Clarksburg, MD is $2,495 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $99,800 a year in gross income.

Is Clarksburg, MD expensive to live in?

Rent there is 77% higher than the U.S. median, and the median home costs about 3.8 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

North Tustin, CARent $2,462 · Income $177,351Rose Hill CDP (Fairfax County), VARent $2,475 · Income $174,950Buckhall, VARent $2,478 · Income $180,021Linton Hall, VARent $2,575 · Income $178,915Belmont, MARent $2,527 · Income $183,137North Bellmore, NYRent $2,554 · Income $181,662

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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