Cost of Living in Severna Park, MD

Population: 39,499 • 2026 Data

$168,091
Median Household Income
+117% vs national
$1,617
Median Monthly Rent
+20% vs national
$633,600
Median Home Value
+87% vs national
2.8%
Unemployment Rate

Housing in Severna Park

The median home value in Severna Park, MD is $633,600. Monthly rent for a typical unit averages $1,617, while total monthly housing costs (including utilities and insurance) average $2,480.

Rent-to-income ratio: 11.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Severna Park, MD is $168,091. The unemployment rate stands at 2.8%, with a labor force of 20,415 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