Cost of Living in Owings Mills, MD

Population: 35,626 • 2026 Data

$94,046
Median Household Income
+22% vs national
$1,815
Median Monthly Rent
+35% vs national
$335,000
Median Home Value
-1% vs national
5.6%
Unemployment Rate

Housing in Owings Mills

The median home value in Owings Mills, MD is $335,000. Monthly rent for a typical unit averages $1,815, while total monthly housing costs (including utilities and insurance) average $1,852.

Rent-to-income ratio: 23.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Owings Mills, MD is $94,046. The unemployment rate stands at 5.6%, with a labor force of 21,106 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