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Talbot County Housing Market

Maryland · 24 counties · Ranked #2911 in home value

Above National Avg

Housing at a Glance

Median Home Value

$398,300

vs national+$398,300 vs $281,900 national

Median Gross Rent

$1,248/mo

vs national+$1,248 vs $1,163 national

Effective Tax Rate

0.66%

vs national0.66% vs 1.02% national

Median Household Income

$84,378

vs national+$84,378 vs $74,755 national

Affordability Ratio

4.7x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$2,623

Tax as % of Home Value

0.66%

Monthly Owner Cost

$1,580

Renter Income

$48,093

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Mortgage

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Home Search

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Similar Counties by Home Value

Greater Bridgeport Planning Region

Connecticut

$397,000

Explore Related Data

Frequently Asked Questions

What is the median home value in Talbot County?

The median home value in Talbot County is $398,300. This is above the national median of $281,900.

How much is rent in Talbot County?

The median gross rent in Talbot County is $1,248 per month.

What is the property tax rate in Talbot County?

The effective property tax rate in Talbot County is 0.66%. The median annual property tax bill is $2,623.

Is Talbot County affordable?

With a home-value-to-income ratio of 4.7x, Talbot 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.