Rent is higher than in 55% of U.S. cities. Household incomes are higher than in 91% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are long, about 30.9 minutes each way. Most homes (87.4%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $70,160 a year. That is $34 an hour at a full-time job.
Is rent cheaper than other Maryland cities?
Yes. Rent here is cheaper than in most of Maryland. It is number 50 of 200 cities from cheapest to most expensive.
How much do households earn in Spring Ridge?
Share of households by yearly income. 56.4% of households earn $100,000 or more.
How expensive is Spring Ridge 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 Spring Ridge, so the Maryland figure is shown.
Taxes and bills in Spring Ridge
Life in Spring Ridge
Is it cheaper to rent or buy in Spring Ridge?
Renting is cheaper right now: about $1,639 a month less.
Owning assumes a typical $489,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,900 for the down payment.
Frequently asked questions
What is the average rent in Spring Ridge, MD?
Renting in Spring Ridge costs a median of about $1,754 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Spring Ridge?
To keep rent under 30% of income, you need about $70,160 a year, or $34 an hour at a full-time job.
Is Spring Ridge cheap or expensive?
Spring Ridge is rated Cheap: rent takes 13.4% of the typical household income of $157,057. It ranks 50th cheapest of 200 Maryland cities we track.
How much are property taxes in Spring Ridge?
The median homeowner in Spring Ridge pays $4,288 a year in property taxes, about 0.88% of the median home value.
Is Spring Ridge 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 Spring Ridge?
The median home value in Spring Ridge is $489,000, about 3.1 times the typical yearly household income.
5,922 people live in Spring Ridge. Numbers are typical (middle) values.