Pasadena, MD

Very High · 146

Maryland · Population 32,717 · Updated March 2026

$2,247
Median Rent / Month
$119,393
Median Income
$406,900
Median Home Value
$2,103
Owner Costs / Month

Affordability

How far your income goes in Pasadena

22.6%
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

$26,964
Annual Rent
$6,865
State Income Tax
$4,354
Property Tax (est.)

Cost of Living Overview

Pasadena has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 146 (where 100 equals the national median), Pasadena residents can expect to pay median rent of $2,247/month while earning a median household income of $119,393/year.

The median home value in Pasadena, MD is $406,900, with typical monthly owner costs around $2,103 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.6% 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 Pasadena.

Frequently Asked Questions

Common questions about living costs in Pasadena

What is the cost of living in Pasadena, MD?
The cost of living index in Pasadena, MD is 146 (US average = 100). Median monthly rent is $2,247, median household income is $119,393/year, and the median home value is $406,900.
Is Pasadena, MD affordable?
No, Pasadena is more expensive than the national average with a cost index of 146. The rent-to-income ratio is 22.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Pasadena, MD?
The median gross rent in Pasadena, MD is $2,247 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,964.
What is the median household income in Pasadena?
The median household income in Pasadena, MD is $119,393 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%.