Total monthly cost of ownership
Cost to Own a Home in Hurlock, Maryland
A $178,000 home here costs
$1,566per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $915. The real number is $651 higher every month — 71% more than the payment most buyers budget for.
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 $196 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
Common questions
How much does it cost to own a home in Hurlock?
A $178,000 home in Hurlock, Maryland costs approximately $1,566 per month with 20% down at 6.66%. That is $915 principal and interest, $195 property tax, $45 homeowners insurance, $264 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 $1,566 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
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.