Bel Air North, MD

Above Avg · 125

Maryland · Population 31,599 · Updated March 2026

$1,651
Median Rent / Month
$137,995
Median Income
$422,700
Median Home Value
$1,815
Owner Costs / Month

Affordability

How far your income goes in Bel Air North

14.4%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Maryland

State-level tax rates that affect your costs

5.75%
Income Tax (Top Rate)
6.0%
Sales Tax
1.07%
Property Tax Rate

Estimated Annual Costs

$19,812
Annual Rent
$7,935
State Income Tax
$4,523
Property Tax (est.)

Cost of Living Overview

Bel Air North has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 125 (where 100 equals the national median), Bel Air North residents can expect to pay median rent of $1,651/month while earning a median household income of $137,995/year.

The median home value in Bel Air North, MD is $422,700, with typical monthly owner costs around $1,815 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.4% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Maryland has a moderate income tax rate of 5.75%. Combined with a 6.0% sales tax rate and 1.07% effective property tax rate, the overall tax environment is a factor in the total cost of living in Bel Air North.

Frequently Asked Questions

Common questions about living costs in Bel Air North

What is the cost of living in Bel Air North, MD?
The cost of living index in Bel Air North, MD is 125 (US average = 100). Median monthly rent is $1,651, median household income is $137,995/year, and the median home value is $422,700.
Is Bel Air North, MD affordable?
No, Bel Air North is more expensive than the national average with a cost index of 125. The rent-to-income ratio is 14.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bel Air North, MD?
The median gross rent in Bel Air North, MD is $1,651 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,812.
What is the median household income in Bel Air North?
The median household income in Bel Air North, MD is $137,995 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Maryland?
Maryland has a top income tax rate of 5.75%, a sales tax of 6.0%, and an effective property tax rate of 1.07%.