Perry Hall, MD

Above Avg · 110

Maryland · Population 28,908 · Updated March 2026

$1,604
Median Rent / Month
$104,709
Median Income
$332,000
Median Home Value
$1,574
Owner Costs / Month

Affordability

How far your income goes in Perry Hall

18.4%
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

$19,248
Annual Rent
$6,021
State Income Tax
$3,552
Property Tax (est.)

Cost of Living Overview

Perry Hall is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 110 (where 100 equals the national median), Perry Hall residents can expect to pay median rent of $1,604/month while earning a median household income of $104,709/year.

The median home value in Perry Hall, MD is $332,000, with typical monthly owner costs around $1,574 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.4% 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 Perry Hall.

Frequently Asked Questions

Common questions about living costs in Perry Hall

What is the cost of living in Perry Hall, MD?
The cost of living index in Perry Hall, MD is 110 (US average = 100). Median monthly rent is $1,604, median household income is $104,709/year, and the median home value is $332,000.
Is Perry Hall, MD affordable?
No, Perry Hall is more expensive than the national average with a cost index of 110. The rent-to-income ratio is 18.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Perry Hall, MD?
The median gross rent in Perry Hall, MD is $1,604 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,248.
What is the median household income in Perry Hall?
The median household income in Perry Hall, MD is $104,709 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%.