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Carroll County Housing Market

Maryland · 24 counties · Ranked #2926 in home value

Above National Avg

Housing at a Glance

Median Home Value

$406,400

vs national+$406,400 vs $281,900 national

Median Gross Rent

$1,370/mo

vs national+$1,370 vs $1,163 national

Effective Tax Rate

0.94%

vs national0.94% vs 1.02% national

Median Household Income

$115,876

vs national+$115,876 vs $74,755 national

Affordability Ratio

3.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,837

Tax as % of Home Value

0.94%

Monthly Owner Cost

$1,920

Renter Income

$52,252

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Frequently Asked Questions

What is the median home value in Carroll County?

The median home value in Carroll County is $406,400. This is above the national median of $281,900.

How much is rent in Carroll County?

The median gross rent in Carroll County is $1,370 per month.

What is the property tax rate in Carroll County?

The effective property tax rate in Carroll County is 0.94%. The median annual property tax bill is $3,837.

Is Carroll County affordable?

With a home-value-to-income ratio of 3.5x, Carroll County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.