Cost of Living & Housing in Easton
Easton's cost of living sits genuinely between Cumberland's affordable inland pricing and St. Michaels' upscale Bay-waterfront pricing, paired with a real, disclosed low Talbot County property tax rate.
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Learn moreHousing pricing closer to the national median than either extreme
Easton's ZIP 21601 median home value ran approximately $376,400, with a broader average home price around $420,000 -- close to the national median rather than a strong affordability or luxury outlier, and genuinely different from both Cumberland's ~$155,171 average and St. Michaels' $735,646 average built alongside this record (base record).
A real, disclosed low Talbot County effective property tax rate
Talbot County's own effective property tax rate ran 0.76% -- well below both the national median of roughly 1.02% and Maryland's own 1.21% statewide median -- with a median annual tax bill in Easton of approximately $2,033 (base record).
Talbot County's local income tax layered on Maryland state tax
Talbot County layers a 2.40% local piggyback income tax on top of Maryland's 10-bracket state income tax -- a real cost to budget for alongside Easton's comparatively moderate home prices (base record).
Key takeaways
- Easton's ZIP 21601 median home value (~$376,400) sits between Cumberland's affordability and St. Michaels' luxury Bay-waterfront pricing.
- Talbot County's 0.76% effective property tax rate runs well below both the national and Maryland statewide medians.
- Talbot County's 2.40% local income tax layers on top of Maryland's state income tax.
- Easton's $74,653 median household income and 10.96% poverty rate both run comfortably better than national averages.
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