Mays Chapel, MD

Very High · 130

Maryland · Population 15,616 · Updated March 2026

$1,768
Median Rent / Month
$118,462
Median Income
$447,300
Median Home Value
$1,702
Owner Costs / Month

Affordability

How far your income goes in Mays Chapel

17.9%
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

$21,216
Annual Rent
$6,812
State Income Tax
$4,786
Property Tax (est.)

Cost of Living Overview

Mays Chapel has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 130 (where 100 equals the national median), Mays Chapel residents can expect to pay median rent of $1,768/month while earning a median household income of $118,462/year.

The median home value in Mays Chapel, MD is $447,300, with typical monthly owner costs around $1,702 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.9% 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 Mays Chapel.

Frequently Asked Questions

Common questions about living costs in Mays Chapel

What is the cost of living in Mays Chapel, MD?
The cost of living index in Mays Chapel, MD is 130 (US average = 100). Median monthly rent is $1,768, median household income is $118,462/year, and the median home value is $447,300.
Is Mays Chapel, MD affordable?
No, Mays Chapel is more expensive than the national average with a cost index of 130. The rent-to-income ratio is 17.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Mays Chapel, MD?
The median gross rent in Mays Chapel, MD is $1,768 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,216.
What is the median household income in Mays Chapel?
The median household income in Mays Chapel, MD is $118,462 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%.