Total monthly cost of ownership
Cost to Own a Home in Rock Hall, Maryland
A $245,000 home here costs
$2,116per 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 $90,500 a year.
A standard mortgage calculator would have told you $1,336. The real number is $781 higher every month, 58% more than the payment most buyers budget for.
Compare Kent County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Rock Hall from a five-year rolling sample, and with about 1,286 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 Kent 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.
Rock Hall against Kent County and Maryland
| Measure | Rock Hall | Kent County |
|---|---|---|
| Median home value | $245,400 | $307,100 |
| Median property tax | $2,987 | $2,896 |
| Effective tax rate | 1.217% | 0.943% |
| Median gross rent | $808 | $1,144 |
| Population | 1,286 | 19,265 |
The weather behind that power bill
Rock Hall sits in Kent County, which averages a high of 86.6°F in its hottest month and a low of 27.1°F in its coldest, with 45.96" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,284 cooling and 4,546 heating degree days, which is what sets the $199 electricity line above.
See the full climate breakdown for Kent County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kent County
Talk to someone who works this market
These are Rock Hall 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 Rock Hall every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Rock Hall I already own here and may sell
Common questions
How much does it cost to own a home in Rock Hall?
A $245,000 home in Rock Hall, Maryland costs approximately $2,116 per month with 20% down at 7.24%. That is $1,336 principal and interest, $248 property tax, $61 homeowners insurance, $267 utilities and $204 set aside for maintenance.
What is the property tax rate in Rock Hall?
Rock Hall has an effective property tax rate of 1.217%, based on a median home value of $245,400 and median real estate taxes of $2,987. That is higher than the Kent County average of 0.943%.
What is the average home price in Rock Hall?
The median owner-occupied home value in Rock Hall, Maryland is $245,400, against $307,100 across Kent County.
Is it cheaper to rent or buy in Rock Hall?
Median gross rent in Rock Hall is $808 a month, against $2,116 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 Rock Hall?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Rock Hall, Maryland at today's rate takes a household income of roughly $90,500 a year. That covers the full $2,116 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Rock Hall, 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.