Housing costs in Indian Head?
A typical home costs
$279,500, which is 17.3% less expensive than the national average of
$338,100 and 28.0% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Indian Head costs
$1,650 per month, which is 1.9% more than the national average of
$1,620 and 10.3% cheaper than the state average of
$1,820.
Can I afford Indian Head?
To live comfortably in Indian Head (zip 20640), Maryland, a minimum annual income of
$53,640 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Indian Head?
The cost of living in 20640 Indian Head, MD is generally considered to be high, with the median home value being $263,300. While housing costs may be high, the city still offers a variety of amenities that make it an attractive place to live. Groceries, healthcare, and transportation are all reasonably priced, while utilities tend to run higher than average. The local economy is booming and unemployment is low, making the area a great choice for potential residents who can afford its living costs.