Quantcast

Ground Up

The Daily Record's real estate blog

SmartAsset names Howard County Maryland’s best value

Howard County provides the best value in Maryland in terms of purchasing power, according a recent study by SmartAsset.

The financial technology company ranked Maryland’s counties and Baltimore by comparing median income to the cost of living.

Howard County tops the list with a median income of $113,800, and an annual cost of living of $63,414. Somerset County is at the bottom of the rankings with a median income of $35,886 and a cost of living placed at $35,885.

The index tilts toward Maryland’s exurban counties. But both Baltimore and Montgomery County made the top 10.

You can find SmartAsset’s full rankings and interactive map here.

Below is a chart showing the study’s findings, which used data from the U. S. Census Bureau, MIT Living Wage Study, and Bureau of Labor Statistics.
SmartAsset Maryland Rankings

To purchase a reprint of this article, contact reprints@thedailyrecord.com.

Leave a Reply

Your email address will not be published. Required fields are marked *

*