Cost of Living in Salisbury
Salisbury's cost of living centers on genuinely affordable housing and a below-statewide property tax rate, though median household income also runs below the Maryland statewide figure.
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Learn moreGenuinely affordable housing
Salisbury's typical home value ran $205,854 per Zillow -- the cheapest Tier A market in this Maryland buildout, though up a real, disclosed 19.3% year-over-year.
A below-statewide property tax rate
Wicomico County's real, disclosed 0.78% countywide average property tax rate runs meaningfully below Maryland's own statewide figure.
A real, disclosed below-average median income
Salisbury's median household income ran a real, disclosed $67,304 -- 40% below the Maryland statewide figure, though the city's overall cost of living ran 4% below the national average, partially offsetting this gap.
Key takeaways
- Salisbury's housing costs are the cheapest of any Maryland Tier A market in this dataset.
- Wicomico County's 0.78% property tax rate runs below the Maryland statewide figure.
- Salisbury's median household income runs 40% below the Maryland statewide figure, offset partly by a lower cost of living.
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