Cockeysville, MD

Above Avg · 115

Maryland · Population 23,265 · Updated March 2026

$1,553
Median Rent / Month
$85,422
Median Income
$392,000
Median Home Value
$1,577
Owner Costs / Month

Affordability

How far your income goes in Cockeysville

21.8%
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

$18,636
Annual Rent
$4,912
State Income Tax
$4,194
Property Tax (est.)

Cost of Living Overview

Cockeysville is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 115 (where 100 equals the national median), Cockeysville residents can expect to pay median rent of $1,553/month while earning a median household income of $85,422/year.

The median home value in Cockeysville, MD is $392,000, with typical monthly owner costs around $1,577 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.8% 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 Cockeysville.

Frequently Asked Questions

Common questions about living costs in Cockeysville

What is the cost of living in Cockeysville, MD?
The cost of living index in Cockeysville, MD is 115 (US average = 100). Median monthly rent is $1,553, median household income is $85,422/year, and the median home value is $392,000.
Is Cockeysville, MD affordable?
No, Cockeysville is more expensive than the national average with a cost index of 115. The rent-to-income ratio is 21.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Cockeysville, MD?
The median gross rent in Cockeysville, MD is $1,553 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,636.
What is the median household income in Cockeysville?
The median household income in Cockeysville, MD is $85,422 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%.