Ranked from ACS 2023 5-Year
Lowest Salary Needed to Buy a Home in Maryland
The counties where an ordinary income still buys the median home outright by the 28% rule, with the whole monthly bill counted: tax, insurance, utilities and maintenance included, not just the loan payment.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
Maryland ranked
| # | County | Income needed | Monthly to own | Median home |
|---|---|---|---|---|
| 1 | Allegany County | $59,000 | $1,376 | $149,200 |
| 2 | Somerset County | $63,000 | $1,474 | $164,300 |
| 3 | Garrett County | $78,500 | $1,834 | $217,000 |
| 4 | Baltimore city | $84,500 | $1,970 | $219,300 |
| 5 | Wicomico County | $86,000 | $2,005 | $238,900 |
| 6 | Dorchester County | $90,500 | $2,116 | $252,300 |
| 7 | Caroline County | $96,500 | $2,257 | $272,400 |
| 8 | Washington County | $97,500 | $2,274 | $275,900 |
| 9 | Kent County | $108,000 | $2,515 | $307,100 |
| 10 | Cecil County | $109,500 | $2,559 | $311,800 |
| 11 | Baltimore County | $117,000 | $2,727 | $330,000 |
| 12 | Worcester County | $118,500 | $2,761 | $348,100 |
| 13 | Harford County | $126,500 | $2,952 | $367,300 |
| 14 | Talbot County | $132,500 | $3,089 | $398,300 |
| 15 | St. Mary's County | $133,000 | $3,104 | $390,900 |
| 16 | Carroll County | $139,000 | $3,242 | $406,400 |
| 17 | Charles County | $139,000 | $3,244 | $402,300 |
| 18 | Prince George's County | $141,500 | $3,298 | $404,300 |
| 19 | Queen Anne's County | $147,500 | $3,446 | $441,800 |
| 20 | Calvert County | $148,500 | $3,465 | $440,200 |
| 21 | Frederick County | $150,000 | $3,499 | $437,700 |
| 22 | Anne Arundel County | $151,500 | $3,529 | $450,300 |
| 23 | Howard County | $197,500 | $4,604 | $576,700 |
| 24 | Montgomery County | $203,000 | $4,732 | $615,200 |
Every figure is modelled on the county's own median home with 20% down at 7.24%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Salary Needed to Buy a Home across all 3,133 US counties · Every county in Maryland