Cost of Living in Elkridge, MD

Population: 26,183 • 2026 Data

$135,412
Median Household Income
+75% vs national
$2,206
Median Monthly Rent
+64% vs national
$438,200
Median Home Value
+29% vs national
5.0%
Unemployment Rate

Housing in Elkridge

The median home value in Elkridge, MD is $438,200. Monthly rent for a typical unit averages $2,206, while total monthly housing costs (including utilities and insurance) average $2,255.

Rent-to-income ratio: 19.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Elkridge, MD is $135,412. The unemployment rate stands at 5.0%, with a labor force of 15,134 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