Small Town3,446 people

Princess Anne, MD

Discover how far your salary goes in Princess Anne. Compare taxes, rent, and living costs.

Cost Index
144
💰 Expensive
Population

3,446

State Tax

5.8%

1BR Rent

$1,547

/month

vs National

+11%

above avg

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Rent Prices in Princess Anne

🏠

Studio

$1,238

/month

$14,856/year

Most Common
🛏️

1 Bedroom

$1,547

/month

$18,564/year

🏡

2 Bedroom

$2,088

/month

$25,056/year

🏘️

3 Bedroom

$2,707

/month

$32,484/year

Taxes in Maryland

State Income Tax

Maryland

5.8%

For a $100k salary, that's ~$5,750/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Princess Anne, MD?

Princess Anne has a cost of living index of 144, which is 44% above the national average. A 1-bedroom apartment costs around $1,547/month.

What is the state income tax in Maryland?

Maryland has a state income tax rate of approximately 5.8%. This is in addition to federal income tax.

How much is rent in Princess Anne?

The median rent for a 1-bedroom apartment in Princess Anne is $1,547/month. For a 2-bedroom, expect to pay around $2,088/month. This is 11% above the national average.

Is Princess Anne a good place to live?

Princess Anne is a small town with a population of 3,446. The cost of living is expensive, making it more expensive than average for the US.

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