Counties › Maryland

Cost of Living in Frederick County, MD

Population 287,048 · Census ACS 2020–2024 5-year estimates

Median rent$1,774
Median home value$464,600
Median household income$122,002

The median rent in Frederick County, MD is $1,774/month, 4% higher than the Maryland median and 26% higher than the U.S. median. The median home value is $464,600, 40% higher than the national median. Households earn a median of $122,002 a year, 18% higher than the state median.

Affordability

Rent as a share of median income: 17.4%
Income needed for median rent (30% rule): $70,960/yr
Home price-to-income ratio: 3.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,349/mo

Run your own numbers: mortgage calculator · hourly to salary

Frederick County vs. Maryland vs. U.S.

Frederick CountyMarylandU.S.
Median rent$1,774$1,705$1,413
Median home value$464,600$419,900$332,700
Median household income$122,002$103,678$80,734
Homeownership rate77.0%67.6%65.2%
Bachelor's degree or higher45.8%43.4%35.7%
Poverty rate6.0%9.4%12.5%
Unemployment rate3.3%4.9%5.2%
Work from home21.2%19.3%15.1%
Median age39.039.438.9

FAQ

What is the average rent in Frederick County, MD?

The median gross rent in Frederick County, MD is $1,774 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $70,960 a year in gross income.

Is Frederick County, MD expensive to live in?

Rent there is 26% higher than the U.S. median, and the median home costs about 3.8 times the median household income.

Other counties in Maryland

Montgomery County, MDRent $2,068 · Income $132,450Prince George's County, MDRent $1,799 · Income $101,798Baltimore County, MDRent $1,627 · Income $91,768Anne Arundel County, MDRent $2,071 · Income $124,911Baltimore city, MDRent $1,331 · Income $62,177Howard County, MDRent $2,099 · Income $149,763

Counties with a similar cost of living

Putnam County, NYRent $1,775 · Income $126,257New Kent County, VARent $1,721 · Income $123,314Poquoson city, VARent $1,707 · Income $120,972Chester County, PARent $1,763 · Income $127,208Collin County, TXRent $1,859 · Income $121,600Monmouth County, NJRent $1,827 · Income $124,845

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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