Glassmanor, MD

Average · 105

Maryland · Population 17,687 · Updated March 2026

$1,494
Median Rent / Month
$69,778
Median Income
$316,500
Median Home Value
$1,565
Owner Costs / Month

Affordability

How far your income goes in Glassmanor

25.7%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$17,928
Annual Rent
$4,012
State Income Tax
$3,387
Property Tax (est.)

Cost of Living Overview

Glassmanor is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 105 (where 100 equals the national median), Glassmanor residents can expect to pay median rent of $1,494/month while earning a median household income of $69,778/year.

The median home value in Glassmanor, MD is $316,500, with typical monthly owner costs around $1,565 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.7%, Glassmanor falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Glassmanor.

Frequently Asked Questions

Common questions about living costs in Glassmanor

What is the cost of living in Glassmanor, MD?
The cost of living index in Glassmanor, MD is 105 (US average = 100). Median monthly rent is $1,494, median household income is $69,778/year, and the median home value is $316,500.
Is Glassmanor, MD affordable?
No, Glassmanor is more expensive than the national average with a cost index of 105. The rent-to-income ratio is 25.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Glassmanor, MD?
The median gross rent in Glassmanor, MD is $1,494 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,928.
What is the median household income in Glassmanor?
The median household income in Glassmanor, MD is $69,778 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%.