MyNeighborhood

Can you afford to live in Waldorf?

Median household income, home values and rent in Waldorf, 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 Waldorf.

Median household income: $161,568 — +31.9% since 2015 (not adjusted for inflation)

Median gross rent: $2,680/mo — +25.2% since 2015

Median home value, 2015 to 2023

  • 2015: 337000
  • 2023: 475800

Median household income

  • Waldorf: 161568
  • Charles County: 120592
  • MD: 101652
  • U.S.: 78538

Median gross rent

  • Waldorf: 2680
  • Charles County: 1897
  • MD: 1662
  • U.S.: 1348

Share of income a typical renter spends on rent: 35.3% — U.S.: 30.2%

What it means

The typical household here earns $161,568 — far higher than the national figure of $78,538.

The typical renter here spends 35.3% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+31.9% versus +25.2%), before adjusting for inflation.

Sources

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