Glenmont, MD

Very High · 152

Maryland · Population 16,529 · Updated March 2026

$1,959
Median Rent / Month
$115,058
Median Income
$542,300
Median Home Value
$2,103
Owner Costs / Month

Affordability

How far your income goes in Glenmont

20.4%
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

$23,508
Annual Rent
$6,616
State Income Tax
$5,803
Property Tax (est.)

Cost of Living Overview

Glenmont has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 152 (where 100 equals the national median), Glenmont residents can expect to pay median rent of $1,959/month while earning a median household income of $115,058/year.

The median home value in Glenmont, MD is $542,300, with typical monthly owner costs around $2,103 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.4% 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 Glenmont.

Frequently Asked Questions

Common questions about living costs in Glenmont

What is the cost of living in Glenmont, MD?
The cost of living index in Glenmont, MD is 152 (US average = 100). Median monthly rent is $1,959, median household income is $115,058/year, and the median home value is $542,300.
Is Glenmont, MD affordable?
No, Glenmont is more expensive than the national average with a cost index of 152. The rent-to-income ratio is 20.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Glenmont, MD?
The median gross rent in Glenmont, MD is $1,959 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,508.
What is the median household income in Glenmont?
The median household income in Glenmont, MD is $115,058 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%.