Cost of Living in Annapolis, MD

Population: 40,744 • 2026 Data

$104,257
Median Household Income
+35% vs national
$1,855
Median Monthly Rent
+38% vs national
$510,200
Median Home Value
+50% vs national
4.0%
Unemployment Rate

Housing in Annapolis

The median home value in Annapolis, MD is $510,200. Monthly rent for a typical unit averages $1,855, while total monthly housing costs (including utilities and insurance) average $1,914.

Rent-to-income ratio: 21.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Annapolis, MD is $104,257. The unemployment rate stands at 4.0%, with a labor force of 22,778 people.

Other Cities in Maryland

Baltimore, MD → Columbia, MD → Germantown, MD → Waldorf, MD → Silver Spring, MD → Frederick, MD → Ellicott City, MD → Glen Burnie, MD →

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov