housing costs · Maryland
Housing costs in Somerset County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,013 | ± $79 | evidence → |
| 2019–2023 | $938 | ± $94 | evidence → |
| 2018–2022 | $934 | ± $71 | evidence → |
| 2017–2021 | $839 | ± $63 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $173,200 | ± $13,009 | evidence → |
| 2019–2023 | $164,300 | ± $14,949 | evidence → |
| 2018–2022 | $157,200 | ± $13,457 | evidence → |
| 2017–2021 | $143,600 | ± $9,970 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 28.9 % | ± 7.4 % | evidence → |
| 2019–2023 | 34.9 % | ± 7.9 % | evidence → |
| 2018–2022 | 36.3 % | ± 5.2 % | evidence → |
| 2017–2021 | 37.4 % | ± 5.4 % | evidence → |
In context
Median rent in Somerset County is $1,013, below the Maryland median of $1,402 across 24 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.