Cost of Living in Allegany County, MD
Population 67,452 · Census ACS 2020–2024 5-year estimates
The median rent in Allegany County, MD is $805/month, 53% lower than the Maryland median and 43% lower than the U.S. median. The median home value is $154,900, 53% lower than the national median. Households earn a median of $59,603 a year, 43% lower than the state median.
Affordability
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Allegany County vs. Maryland vs. U.S.
| Allegany County | Maryland | U.S. | |
|---|---|---|---|
| Median rent | $805 | $1,705 | $1,413 |
| Median home value | $154,900 | $419,900 | $332,700 |
| Median household income | $59,603 | $103,678 | $80,734 |
| Homeownership rate | 70.7% | 67.6% | 65.2% |
| Bachelor's degree or higher | 21.1% | 43.4% | 35.7% |
| Poverty rate | 16.9% | 9.4% | 12.5% |
| Unemployment rate | 5.0% | 4.9% | 5.2% |
| Work from home | 9.1% | 19.3% | 15.1% |
| Median age | 41.2 | 39.4 | 38.9 |
FAQ
What is the average rent in Allegany County, MD?
The median gross rent in Allegany County, MD is $805 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Allegany County, MD?
Using the common 30% rule, renting a median-priced home takes about $32,200 a year in gross income.
Is Allegany County, MD expensive to live in?
Rent there is 43% lower than the U.S. median, and the median home costs about 2.6 times the median household income.
Other counties in Maryland
Counties 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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