Woodlawn, MD

Average · 97

Maryland · Population 40,476 · Updated March 2026

$1,440
Median Rent / Month
$78,591
Median Income
$269,800
Median Home Value
$1,504
Owner Costs / Month

Affordability

How far your income goes in Woodlawn

22.0%
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

$17,280
Annual Rent
$4,519
State Income Tax
$2,887
Property Tax (est.)

Cost of Living Overview

Woodlawn has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 97 (where 100 equals the national median), Woodlawn residents can expect to pay median rent of $1,440/month while earning a median household income of $78,591/year.

The median home value in Woodlawn, MD is $269,800, with typical monthly owner costs around $1,504 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.0% 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 Woodlawn.

Frequently Asked Questions

Common questions about living costs in Woodlawn

What is the cost of living in Woodlawn, MD?
The cost of living index in Woodlawn, MD is 97 (US average = 100). Median monthly rent is $1,440, median household income is $78,591/year, and the median home value is $269,800.
Is Woodlawn, MD affordable?
Yes, Woodlawn is more affordable than the national average with a cost index of 97. The rent-to-income ratio is 22.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Woodlawn, MD?
The median gross rent in Woodlawn, MD is $1,440 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,280.
What is the median household income in Woodlawn?
The median household income in Woodlawn, MD is $78,591 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%.