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Cost of Living in Wicomico County, MD

Population 104,914 · Census ACS 2020–2024 5-year estimates

Median rent$1,327
Median home value$254,700
Median household income$76,210

The median rent in Wicomico County, MD is $1,327/month, 22% lower than the Maryland median and 6% lower than the U.S. median. The median home value is $254,700, 23% lower than the national median. Households earn a median of $76,210 a year, 26% lower than the state median.

Affordability

Rent as a share of median income: 20.9%
Income needed for median rent (30% rule): $53,080/yr
Home price-to-income ratio: 3.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,288/mo

Run your own numbers: mortgage calculator · hourly to salary

Wicomico County vs. Maryland vs. U.S.

Wicomico CountyMarylandU.S.
Median rent$1,327$1,705$1,413
Median home value$254,700$419,900$332,700
Median household income$76,210$103,678$80,734
Homeownership rate62.3%67.6%65.2%
Bachelor's degree or higher29.5%43.4%35.7%
Poverty rate13.9%9.4%12.5%
Unemployment rate5.9%4.9%5.2%
Work from home7.9%19.3%15.1%
Median age36.239.438.9

FAQ

What is the average rent in Wicomico County, MD?

The median gross rent in Wicomico County, MD is $1,327 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $53,080 a year in gross income.

Is Wicomico County, MD expensive to live in?

Rent there is 6% lower than the U.S. median, and the median home costs about 3.3 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

Linn County, ORRent $1,320 · Income $76,329Gillespie County, TXRent $1,340 · Income $76,162Yuba County, CARent $1,311 · Income $76,373Canyon County, IDRent $1,347 · Income $76,488Maury County, TNRent $1,300 · Income $76,130Montgomery County, TNRent $1,308 · Income $75,613

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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