Urbana, MD

Very High · 188

Maryland · Population 13,897 · Updated March 2026

$2,571
Median Rent / Month
$178,231
Median Income
$596,400
Median Home Value
$2,807
Owner Costs / Month

Affordability

How far your income goes in Urbana

17.3%
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

$30,852
Annual Rent
$10,248
State Income Tax
$6,381
Property Tax (est.)

Cost of Living Overview

Urbana has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 188 (where 100 equals the national median), Urbana residents can expect to pay median rent of $2,571/month while earning a median household income of $178,231/year.

The median home value in Urbana, MD is $596,400, with typical monthly owner costs around $2,807 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.3% 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 Urbana.

Frequently Asked Questions

Common questions about living costs in Urbana

What is the cost of living in Urbana, MD?
The cost of living index in Urbana, MD is 188 (US average = 100). Median monthly rent is $2,571, median household income is $178,231/year, and the median home value is $596,400.
Is Urbana, MD affordable?
No, Urbana is more expensive than the national average with a cost index of 188. The rent-to-income ratio is 17.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Urbana, MD?
The median gross rent in Urbana, MD is $2,571 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $30,852.
What is the median household income in Urbana?
The median household income in Urbana, MD is $178,231 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%.