Cost of Living in Severn, MD

Population: 58,041 • 2026 Data

$130,627
Median Household Income
+69% vs national
$2,082
Median Monthly Rent
+54% vs national
$465,600
Median Home Value
+37% vs national
4.9%
Unemployment Rate

Housing in Severn

The median home value in Severn, MD is $465,600. Monthly rent for a typical unit averages $2,082, while total monthly housing costs (including utilities and insurance) average $2,182.

Rent-to-income ratio: 19.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Severn, MD is $130,627. The unemployment rate stands at 4.9%, with a labor force of 33,441 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