Bel Air South, MD

Above Avg · 121

Maryland · Population 57,702 · Updated March 2026

$1,666
Median Rent / Month
$120,721
Median Income
$384,000
Median Home Value
$1,769
Owner Costs / Month

Affordability

How far your income goes in Bel Air South

16.6%
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

$19,992
Annual Rent
$6,941
State Income Tax
$4,109
Property Tax (est.)

Cost of Living Overview

Bel Air South has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 121 (where 100 equals the national median), Bel Air South residents can expect to pay median rent of $1,666/month while earning a median household income of $120,721/year.

The median home value in Bel Air South, MD is $384,000, with typical monthly owner costs around $1,769 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.6% 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 South.

Frequently Asked Questions

Common questions about living costs in Bel Air South

What is the cost of living in Bel Air South, MD?
The cost of living index in Bel Air South, MD is 121 (US average = 100). Median monthly rent is $1,666, median household income is $120,721/year, and the median home value is $384,000.
Is Bel Air South, MD affordable?
No, Bel Air South is more expensive than the national average with a cost index of 121. The rent-to-income ratio is 16.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bel Air South, MD?
The median gross rent in Bel Air South, MD is $1,666 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,992.
What is the median household income in Bel Air South?
The median household income in Bel Air South, MD is $120,721 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%.