MyNeighborhood

Can you afford to live in Annapolis?

Median household income, home values and rent in Annapolis, MD — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Annapolis.

Median household income: $119,591 — +29.3% since 2015 (not adjusted for inflation)

Median gross rent: $2,187/mo — +22.6% since 2015

Median home value, 2015 to 2023

  • 2015: 379800
  • 2023: 521100

Median household income

  • Annapolis: 119591
  • Anne Arundel County: 120324
  • MD: 101652
  • U.S.: 78538

Median gross rent

  • Annapolis: 2187
  • Anne Arundel County: 1990
  • MD: 1662
  • U.S.: 1348

Share of income a typical renter spends on rent: 27.8% — U.S.: 30.2%

What it means

The typical household here earns $119,591 — far higher than the national figure of $78,538.

The typical renter here spends 27.8% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+29.3% versus +22.6%), before adjusting for inflation.

Sources

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