Cost of Living in College Park, MD

Population: 34,397 • 2026 Data

$74,867
Median Household Income
-3% vs national
$1,846
Median Monthly Rent
+37% vs national
$429,000
Median Home Value
+27% vs national
7.6%
Unemployment Rate

Housing in College Park

The median home value in College Park, MD is $429,000. Monthly rent for a typical unit averages $1,846, while total monthly housing costs (including utilities and insurance) average $1,870.

Rent-to-income ratio: 29.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in College Park, MD is $74,867. The unemployment rate stands at 7.6%, with a labor force of 17,553 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