Total monthly cost of ownership
Cost to Own a Home in Hurlock, Maryland
A $178,000 home here costs
$1,625per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $69,500 a year.
A standard mortgage calculator would have told you $970. The real number is $654 higher every month, 67% more than the payment most buyers budget for.
Compare Dorchester County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Hurlock from a five-year rolling sample, and with about 2,205 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Dorchester County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Hurlock against Dorchester County and Maryland
| Measure | Hurlock | Dorchester County |
|---|---|---|
| Median home value | $177,900 | $252,300 |
| Median property tax | $2,336 | $2,399 |
| Effective tax rate | 1.313% | 0.951% |
| Median gross rent | $727 | $959 |
| Population | 2,205 | 32,612 |
The weather behind that power bill
Hurlock sits in Dorchester County, which averages a high of 87.3°F in its hottest month and a low of 29.5°F in its coldest, with 45.3" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,508 cooling and 3,927 heating degree days, which is what sets the $199 electricity line above.
See the full climate breakdown for Dorchester County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dorchester County
Full Dorchester County cost breakdown · Every county in Maryland
Talk to someone who works this market
These are Hurlock averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Hurlock every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Hurlock I already own here and may sell
Common questions
How much does it cost to own a home in Hurlock?
A $178,000 home in Hurlock, Maryland costs approximately $1,625 per month with 20% down at 7.24%. That is $970 principal and interest, $195 property tax, $45 homeowners insurance, $267 utilities and $148 set aside for maintenance.
What is the property tax rate in Hurlock?
Hurlock has an effective property tax rate of 1.313%, based on a median home value of $177,900 and median real estate taxes of $2,336. That is higher than the Dorchester County average of 0.951%.
What is the average home price in Hurlock?
The median owner-occupied home value in Hurlock, Maryland is $177,900, against $252,300 across Dorchester County.
Is it cheaper to rent or buy in Hurlock?
Median gross rent in Hurlock is $727 a month, against $1,625 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Hurlock?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Hurlock, Maryland at today's rate takes a household income of roughly $69,500 a year. That covers the full $1,625 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hurlock, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Maryland.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.