Housing costs in Bel Air North?
A typical home costs
$426,800, which is 26.2% more expensive than the national average of
$338,100 and 10.0% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Bel Air North costs
$1,720 per month, which is 6.2% more than the national average of
$1,620 and 9.9% more than the state average of
$1,550.
Can I afford Bel Air North?
To live comfortably in Bel Air North (zip 21050), Maryland, a minimum annual income of
$81,720 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about Bel Air North?
The cost of living in 21050 Bel Air North, MD is relatively high compared to the rest of the country. The median home cost in Bel Air North is $412,200, which is significantly higher than the national median of $218,000. Additionally, the median household income for Bel Air North is $125,169 and the poverty rate is only 3.4%, which means it is a very affluent area. Groceries and other necessities are generally slightly more expensive than what you would find elsewhere in the US. However, renting property tends to be more affordable and there are plenty of high-end restaurants and entertainment options that make it worth it.