North Potomac, MD

Very High · 200

Maryland · Population 23,994 · Updated March 2026

$2,433
Median Rent / Month
$186,438
Median Income
$793,200
Median Home Value
$2,457
Owner Costs / Month

Affordability

How far your income goes in North Potomac

15.7%
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

$29,196
Annual Rent
$10,720
State Income Tax
$8,487
Property Tax (est.)

Cost of Living Overview

North Potomac has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 200 (where 100 equals the national median), North Potomac residents can expect to pay median rent of $2,433/month while earning a median household income of $186,438/year.

The median home value in North Potomac, MD is $793,200, with typical monthly owner costs around $2,457 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.7% 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 North Potomac.

Frequently Asked Questions

Common questions about living costs in North Potomac

What is the cost of living in North Potomac, MD?
The cost of living index in North Potomac, MD is 200 (US average = 100). Median monthly rent is $2,433, median household income is $186,438/year, and the median home value is $793,200.
Is North Potomac, MD affordable?
No, North Potomac is more expensive than the national average with a cost index of 200. The rent-to-income ratio is 15.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in North Potomac, MD?
The median gross rent in North Potomac, MD is $2,433 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $29,196.
What is the median household income in North Potomac?
The median household income in North Potomac, MD is $186,438 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%.