salaryRent here is among the highest 10% in the country. Household incomes are higher than in 96% of U.S. cities. A typical house costs about 3.9 years of household income. Commutes are long, about 30.1 minutes each way. Most homes (88.3%) are owned, so rentals can be hard to find. It is a highly educated city: 71.1% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $115,760 a year. That is $56 an hour at a full-time job.
Is rent cheaper than other Maryland cities?
No. Rent here is more expensive than in most of Maryland. It is number 180 of 200 cities from cheapest to most expensive.
How much do households earn in Annapolis Neck?
Share of households by yearly income. 66.4% of households earn $100,000 or more.
Rent by apartment size in Annapolis Neck
| Size | Annapolis Neck | U.S. average |
|---|---|---|
| 2 bedrooms | $2,795 | $1,509 |
| 3 bedrooms | $1,924 | $1,698 |
| 4 bedrooms | $3,168 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Annapolis Neck overall?
Everyday prices in Maryland overall are 5% above the U.S. average (index 105.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Annapolis Neck, so the Maryland figure is shown.
Taxes and bills in Annapolis Neck
Life in Annapolis Neck
Is it cheaper to rent or buy in Annapolis Neck?
Renting is cheaper right now: about $2,234 a month less.
Owning assumes a typical $739,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $73,910 for the down payment.
Frequently asked questions
What is the average rent in Annapolis Neck, MD?
Renting in Annapolis Neck costs a median of about $2,894 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Annapolis Neck?
To keep rent under 30% of income, you need about $115,760 a year, or $56 an hour at a full-time job.
Is Annapolis Neck cheap or expensive?
Annapolis Neck is rated Cheap: rent takes 18.5% of the typical household income of $187,529. It ranks 180th cheapest of 200 Maryland cities we track.
How much are property taxes in Annapolis Neck?
The median homeowner in Annapolis Neck pays $5,979 a year in property taxes, about 0.81% of the median home value.
Is Annapolis Neck more expensive than the national average?
Overall prices in Maryland are 5% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Annapolis Neck?
The median home value in Annapolis Neck is $739,100, about 3.9 times the typical yearly household income.
12,032 people live in Annapolis Neck. Numbers are typical (middle) values.