Cost of Living in Frederick, MD

Population: 80,617 • 2026 Data

$95,150
Median Household Income
+23% vs national
$1,688
Median Monthly Rent
+25% vs national
$365,200
Median Home Value
+8% vs national
3.7%
Unemployment Rate

Housing in Frederick

The median home value in Frederick, MD is $365,200. Monthly rent for a typical unit averages $1,688, while total monthly housing costs (including utilities and insurance) average $1,770.

Rent-to-income ratio: 21.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Frederick, MD is $95,150. The unemployment rate stands at 3.7%, with a labor force of 45,547 people.

Other Cities in Maryland

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