Cost of Living in Frederick County, MD

What does it cost to live in Frederick County? Income, housing, and affordability breakdown.

Median Income

$115,724

Median Rent

$1,633/mo

Median Home

$412,500

Affordability

374

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$2,086
Property Tax$354
Insurance$138

Total Monthly$2,578
% of Income26.7%

Renting

Median Rent$1,633
Renter's Insurance$25

Total Monthly$1,658
% of Income16.9%

Living in Frederick County, Maryland

Frederick County has a median household income of $115,724 with housing costs that represent 26.7% of income for owners and 16.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 374 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Maryland

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.