Clarksburg, MD

Very High · 186

Maryland · Population 29,246 · Updated March 2026

$2,298
Median Rent / Month
$178,641
Median Income
$646,200
Median Home Value
$2,810
Owner Costs / Month

Affordability

How far your income goes in Clarksburg

15.4%
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

$27,576
Annual Rent
$10,272
State Income Tax
$6,914
Property Tax (est.)

Cost of Living Overview

Clarksburg has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 186 (where 100 equals the national median), Clarksburg residents can expect to pay median rent of $2,298/month while earning a median household income of $178,641/year.

The median home value in Clarksburg, MD is $646,200, with typical monthly owner costs around $2,810 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.4% 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 Clarksburg.

Frequently Asked Questions

Common questions about living costs in Clarksburg

What is the cost of living in Clarksburg, MD?
The cost of living index in Clarksburg, MD is 186 (US average = 100). Median monthly rent is $2,298, median household income is $178,641/year, and the median home value is $646,200.
Is Clarksburg, MD affordable?
No, Clarksburg is more expensive than the national average with a cost index of 186. The rent-to-income ratio is 15.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Clarksburg, MD?
The median gross rent in Clarksburg, MD is $2,298 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $27,576.
What is the median household income in Clarksburg?
The median household income in Clarksburg, MD is $178,641 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%.