Cost of Living in Crofton, MD
Population 29,549 · Census ACS 2020–2024 5-year estimates
The median rent in Crofton, MD is $2,217/month, 30% higher than the Maryland median and 57% higher than the U.S. median. The median home value is $519,900, 56% higher than the national median. Households earn a median of $150,577 a year, 45% higher than the state median.
Affordability
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Crofton vs. Maryland vs. U.S.
| Crofton | Maryland | U.S. | |
|---|---|---|---|
| Median rent | $2,217 | $1,705 | $1,413 |
| Median home value | $519,900 | $419,900 | $332,700 |
| Median household income | $150,577 | $103,678 | $80,734 |
| Homeownership rate | 82.2% | 67.6% | 65.2% |
| Bachelor's degree or higher | 64.7% | 43.4% | 35.7% |
| Poverty rate | 2.9% | 9.4% | 12.5% |
| Unemployment rate | 3.7% | 4.9% | 5.2% |
| Work from home | 22.7% | 19.3% | 15.1% |
| Median age | 37.1 | 39.4 | 38.9 |
FAQ
What is the average rent in Crofton, MD?
The median gross rent in Crofton, MD is $2,217 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Crofton, MD?
Using the common 30% rule, renting a median-priced home takes about $88,680 a year in gross income.
Is Crofton, MD expensive to live in?
Rent there is 57% higher than the U.S. median, and the median home costs about 3.5 times the median household income.
Other cities in Maryland
Cities with a similar cost of living
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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