Housing costs in Sherwood?
A typical home costs
$616,500, which is 82.3% more expensive than the national average of
$338,100 and 58.9% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Sherwood costs
$1,680 per month, which is 3.7% more than the national average of
$1,620 and 28.6% more than the state average of
$1,200.
Can I afford Sherwood?
To live comfortably in Sherwood (zip 21665), Maryland, a minimum annual income of
$118,080 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Sherwood?
The cost of living in 21665 Sherwood, MD is relatively low compared to other areas in the region. The median home price is $185,900 and the median monthly rent is quite affordable at only $1,242. In addition, the unemployment rate is very low at only 2%, which means that residents have plenty of employment opportunities. Furthermore, the taxes are reasonable and there are no state income taxes. All of these factors make Sherwood an ideal place to live for those on a budget or those who wish to save money while living comfortably.