Joppatowne, MD

Average · 108

Maryland · Population 13,397 · Updated March 2026

$1,600
Median Rent / Month
$109,589
Median Income
$315,000
Median Home Value
$1,569
Owner Costs / Month

Affordability

How far your income goes in Joppatowne

17.5%
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

$19,200
Annual Rent
$6,301
State Income Tax
$3,371
Property Tax (est.)

Cost of Living Overview

Joppatowne is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 108 (where 100 equals the national median), Joppatowne residents can expect to pay median rent of $1,600/month while earning a median household income of $109,589/year.

The median home value in Joppatowne, MD is $315,000, with typical monthly owner costs around $1,569 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.5% 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 Joppatowne.

Frequently Asked Questions

Common questions about living costs in Joppatowne

What is the cost of living in Joppatowne, MD?
The cost of living index in Joppatowne, MD is 108 (US average = 100). Median monthly rent is $1,600, median household income is $109,589/year, and the median home value is $315,000.
Is Joppatowne, MD affordable?
No, Joppatowne is more expensive than the national average with a cost index of 108. The rent-to-income ratio is 17.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Joppatowne, MD?
The median gross rent in Joppatowne, MD is $1,600 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,200.
What is the median household income in Joppatowne?
The median household income in Joppatowne, MD is $109,589 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%.