B

Elkridge, MD

Source:

Affordability Score: 72/100

Population: 26,344 · 1 ZIP codes

The affordability dashboard for Elkridge, MD aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 26,344 residents, then layers in county-level federal data to produce an overall grade of B (72/100). The headline inputs are median household income of $135,303, median home value of $455,300, median rent of $2,183 per month, and 59.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,857 per month (studio $1,362, 1BR $1,511, 3BR $2,358, 4BR $2,611). Department of Labor data lists infant center-based childcare at $21,533 per year, consuming 16% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Elkridge, MD include income, education, rent. Unemployment currently reads 3.8% and poverty 7.7% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A+
$135,303
Median household income
Education A+
59.9%
Bachelor's degree or higher
Housing C-
3.4x
Home value $455,300 vs income
Commute D
28 min
Average commute time
Rent A
$1,857/mo
2BR fair market rent (16% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$21,533/yr
Center-based infant care (16% of income)

Income & Employment

Median Income
$135,303
▲ 118% vs national
Per Capita Income
$53,780
Unemployment Rate
3.8%
Poverty Rate
7.7%

Housing

Median Home Value
$455,300
▲ 66% vs national
Median Rent
$2,183/mo
Owner Occupied
64.1%
2BR Fair Market Rent
$1,857/mo
▲ 55% vs national

Fair Market Rents by Bedroom

Studio
$1,362
1BR
$1,511
2BR
$1,857
3BR
$2,358
4BR
$2,611

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
59.9%
▲ 30 ppt vs national
High School+
73.8%
Median Age
34.1
Avg. Commute
28 min
▲ 2 min vs national

Childcare Costs

Infant (Center)
$21,533/yr
16% of income
Toddler (Center)
$17,457/yr
Preschool (Center)
$17,457/yr
School-Age (Center)
$15,739/yr

What This Means

Elkridge, MD receives an overall affordability grade of B (72/100), aggregated from 1 ZIP codes with a total population of 26,344. This area performs well in income and education and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Elkridge ZIP Codes
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What are common questions about this dashboard?

Is Elkridge, MD affordable?
Elkridge, MD receives an overall affordability grade of B (72/100) based on Census, HUD, FBI, and DOL data. Median household income is $135,303. Median home value is $455,300.
What is the cost of living in Elkridge?
Key cost metrics: Median rent $2,183/mo. 2BR fair market rent $1,857/mo. Infant childcare $21,533/yr. Median home value $455,300.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →