Anne Arundel County
Maryland ยท Pop. 588,261
Ranked #106 of 200 counties
40Moderate
Median Home Price
๐$420K
3.0% YoY
Median Rent
๐$1,800
Median Income
๐ฐ$95K
Rent Burden
๐26.5%
% of income to rent
Housing Shortage
๐๏ธ5,000
estimated unit deficit
Building Permits (2024)
๐3,200
Price-to-Income Ratio
โ๏ธ4.4x
Homeownership Rate
๐ก72.0%
How Anne Arundel County Compares
| Metric | Anne Arundel County | Maryland | National |
|---|---|---|---|
| Home Price | $420K | $414K | $410K |
| Rent | $1,800 | $1,651 | $1,500 |
| Income | $95K | $99K | $75K |
| Rent Burden | 26.5% | 33.5% | 30.0% |
| Homeownership | 72.0% | 68.0% | 65.0% |
Key Takeaways
- โข Home prices are 2% above the national average.
- โข Rent is 20% above the national average.
- โข The county has an estimated housing shortage of 5,000 units.
- โข 3,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.0%.