Salisbury, MD

Below Avg · 81

Maryland · Population 33,080 · Updated March 2026

$1,247
Median Rent / Month
$56,402
Median Income
$217,500
Median Home Value
$1,252
Owner Costs / Month

Affordability

How far your income goes in Salisbury

26.5%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$14,964
Annual Rent
$3,243
State Income Tax
$2,327
Property Tax (est.)

Cost of Living Overview

Salisbury is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 81 (where 100 equals the national median), Salisbury residents can expect to pay median rent of $1,247/month while earning a median household income of $56,402/year.

The median home value in Salisbury, MD is $217,500, with typical monthly owner costs around $1,252 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.5%, Salisbury falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Salisbury.

Frequently Asked Questions

Common questions about living costs in Salisbury

What is the cost of living in Salisbury, MD?
The cost of living index in Salisbury, MD is 81 (US average = 100). Median monthly rent is $1,247, median household income is $56,402/year, and the median home value is $217,500.
Is Salisbury, MD affordable?
Yes, Salisbury is more affordable than the national average with a cost index of 81. The rent-to-income ratio is 26.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Salisbury, MD?
The median gross rent in Salisbury, MD is $1,247 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,964.
What is the median household income in Salisbury?
The median household income in Salisbury, MD is $56,402 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%.