Cost of Living in Essex, MD

Population: 40,670 • 2026 Data

$67,082
Median Household Income
-13% vs national
$1,307
Median Monthly Rent
-3% vs national
$253,500
Median Home Value
-25% vs national
5.3%
Unemployment Rate

Housing in Essex

The median home value in Essex, MD is $253,500. Monthly rent for a typical unit averages $1,307, while total monthly housing costs (including utilities and insurance) average $1,319.

Rent-to-income ratio: 23.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Essex, MD is $67,082. The unemployment rate stands at 5.3%, with a labor force of 22,026 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