Havre de Grace, MD

Average · 103

Maryland · Population 14,857 · Updated March 2026

$1,314
Median Rent / Month
$106,798
Median Income
$348,800
Median Home Value
$1,523
Owner Costs / Month

Affordability

How far your income goes in Havre de Grace

14.8%
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

$15,768
Annual Rent
$6,141
State Income Tax
$3,732
Property Tax (est.)

Cost of Living Overview

Havre de Grace has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 103 (where 100 equals the national median), Havre de Grace residents can expect to pay median rent of $1,314/month while earning a median household income of $106,798/year.

The median home value in Havre de Grace, MD is $348,800, with typical monthly owner costs around $1,523 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.8% 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 Havre de Grace.

Frequently Asked Questions

Common questions about living costs in Havre de Grace

What is the cost of living in Havre de Grace, MD?
The cost of living index in Havre de Grace, MD is 103 (US average = 100). Median monthly rent is $1,314, median household income is $106,798/year, and the median home value is $348,800.
Is Havre de Grace, MD affordable?
No, Havre de Grace is more expensive than the national average with a cost index of 103. The rent-to-income ratio is 14.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Havre de Grace, MD?
The median gross rent in Havre de Grace, MD is $1,314 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,768.
What is the median household income in Havre de Grace?
The median household income in Havre de Grace, MD is $106,798 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%.