Brooklyn Park, MD

Average · 93

Maryland · Population 15,799 · Updated March 2026

$1,453
Median Rent / Month
$84,276
Median Income
$258,900
Median Home Value
$1,309
Owner Costs / Month

Affordability

How far your income goes in Brooklyn Park

20.7%
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

$17,436
Annual Rent
$4,846
State Income Tax
$2,770
Property Tax (est.)

Cost of Living Overview

Brooklyn Park offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 93 (where 100 equals the national median), Brooklyn Park residents can expect to pay median rent of $1,453/month while earning a median household income of $84,276/year.

The median home value in Brooklyn Park, MD is $258,900, with typical monthly owner costs around $1,309 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.7% 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 Brooklyn Park.

Frequently Asked Questions

Common questions about living costs in Brooklyn Park

What is the cost of living in Brooklyn Park, MD?
The cost of living index in Brooklyn Park, MD is 93 (US average = 100). Median monthly rent is $1,453, median household income is $84,276/year, and the median home value is $258,900.
Is Brooklyn Park, MD affordable?
Yes, Brooklyn Park is more affordable than the national average with a cost index of 93. The rent-to-income ratio is 20.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Brooklyn Park, MD?
The median gross rent in Brooklyn Park, MD is $1,453 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,436.
What is the median household income in Brooklyn Park?
The median household income in Brooklyn Park, MD is $84,276 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%.