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Wicomico County Housing Market

Maryland · 24 counties · Ranked #2285 in home value

Below National Avg

Housing at a Glance

Median Home Value

$238,900

vs national$238,900 vs $281,900 national

Median Gross Rent

$1,238/mo

vs national+$1,238 vs $1,163 national

Effective Tax Rate

0.89%

vs national0.89% vs 1.02% national

Median Household Income

$72,861

vs national$72,861 vs $74,755 national

Affordability Ratio

3.3x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$2,120

Tax as % of Home Value

0.89%

Monthly Owner Cost

$1,245

Renter Income

$50,177

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Frequently Asked Questions

What is the median home value in Wicomico County?

The median home value in Wicomico County is $238,900. This is below the national median of $281,900.

How much is rent in Wicomico County?

The median gross rent in Wicomico County is $1,238 per month.

What is the property tax rate in Wicomico County?

The effective property tax rate in Wicomico County is 0.89%. The median annual property tax bill is $2,120.

Is Wicomico County affordable?

With a home-value-to-income ratio of 3.3x, Wicomico 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.