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Maryland · 2026 Federal Benchmarks

Cost of Living in Queen Anne's County, MD

The median household in Queen Anne's County, MD earns $112,826 a year ($9,402/month) according to U.S. Census Bureau ACS data. Benchmark 2-bedroom rent is $1,857/month under HUD Fair Market Rents, requiring an annual income of at least $74,280 under the federal 30% housing rule, with overall consumer prices sitting 4.5% above the national baseline.

Key Economic Benchmarks

Median Household Income

$112,826$9,402 per month · U.S. Census Bureau ACS 5-Year
2-Bedroom Rent$1,857HUD FY2026 Fair Market Rent
Price Parity (RPP)104.5+4.5% vs national baseline
Electricity Rate21.8¢per kWh · EIA Residential MD
Census Population51,825Official resident count

Fair market rent & 30% rule in Queen Anne's County, MD

Official HUD Fair Market Rents evaluated against local household income benchmarks.

Affordable (< 30% of income)
HUD Fair Market Rent$1,857Monthly market rent
Share of gross income19.8%Recommended max: 30%
Annual income needed$74,280To meet the 30% standard
Max affordable rent$2,821At 30% of $112,826
0%30% (Affordability standard)100%
Compare against:
Explore full cost-of-living calculator

2026 HUD Fair Market Rent Schedule: Queen Anne's County, MD

Official FY2026 HUD Fair Market Rents for Baltimore-Columbia-Towson, MD MSA. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.

HUD FY2026 Fair Market Rent Schedule for Queen Anne's County, MD
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,362$16,344$54,48014.5%
1-Bedroom Apartment$1,511$18,132$60,44016.1%
2-Bedroom ApartmentBenchmark$1,857$22,284$74,28019.8%
3-Bedroom Home$2,358$28,296$94,32025.1%
4-Bedroom Home$2,611$31,332$104,44027.8%

See dedicated rental breakdown for Queen Anne's County, MD →

50/30/20 Living Budget in Queen Anne's County, MD

Based on the local median household income of $112,826/year ($9,402/month), here is how a balanced budget allocates expenses:

Needs (50%)$4,701/moRent ($1,857 2-BR), utilities (~$197/mo), groceries, transit
Wants (30%)$2,821/moDiscretionary spending: dining, leisure, recreation at 104.5 RPP price level
Savings & Debt (20%)$1,880/moEmergency fund, 401(k), IRA retirement, student loan and debt reduction

Take-Home Pay & Tax Explorer in Maryland

Explore net income after federal income tax, FICA, and Maryland state income tax based on the local median baseline.

$112,826
$45,000$230,000
Filing status:
Gross salary breakdown$112,826
Net 74%
Fed 14%
MD 5%
FICA 8%
Annual take-home$83,112After all taxes
Monthly deposit$6,926Estimated per month
Biweekly paycheck$3,197Every 2 weeks (26/yr)
Effective tax rate26.3%Total tax burden
Federal income tax$15,992 / yr
Maryland state income tax$5,091 / yr
FICA (Social Security & Medicare)$8,631 / yr
Customize deductions in full Maryland calculator

Compare earnings and living costs across Maryland with official federal datasets:

Frequently Asked Questions About Living in Queen Anne's County, MD

What is the median household income in Queen Anne's County, MD?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Queen Anne's County, MD is $112,826 per year (approximately $9,402 per month).

What is the average rent in Queen Anne's County, MD?

According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Queen Anne's County, MD are $1,362 for a studio, $1,511 for 1 bedroom, $1,857 for 2 bedrooms, $2,358 for 3 bedrooms, and $2,611 for 4 bedrooms.

How does the cost of living in Queen Anne's County, MD compare to the national average?

Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Queen Anne's County, MD is 104.5 (4.5% higher than the U.S. national baseline of 100.0).

How much do you need to earn to comfortably afford rent in Queen Anne's County, MD?

Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,857/month) in Queen Anne's County, MD requires a minimum gross household income of $74,280 per year ($6,190 per month).

What is a balanced 50/30/20 monthly budget in Queen Anne's County, MD?

For a typical household earning the median income of $112,826/year ($9,402/month) in Queen Anne's County, MD, a balanced 50/30/20 budget allocates $4,701/month to essential needs (rent, utilities, groceries), $2,821/month to discretionary spending, and $1,880/month to savings and debt repayment.

What are typical electricity and utility costs in Queen Anne's County, MD?

Residential electricity rates in Maryland average 21.8¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $197 per month.