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Talbot County

Learn about the people, housing, costs and businesses in Talbot County County

Median Home$455,672
Median Rent$1,407/month
Population37,917
Leading IndustriesHealthcare · Education · Arts, Food & Hospitality15% healthcare
Home Value Growth⬆⬆+12.2% over 2 years
Retirees30% of residentstop 4% nationally
Homeowners75% of occupied units
NotableAmenity Score77/100 · highly walkable area
NotableHighly Educated24% bachelor's · 11% graduate · top 10% nationally
Talbot County
MD

Frequently Asked Questions

What are today's mortgage rates in Talbot County?

As of today, the 30-year fixed mortgage rate for Talbot County is approximately 6.951% (6.975% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Talbot County?

The median home value in Talbot County is $456k. The median monthly rent is $1,407. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Talbot County?

Home values in Talbot County have increased 12.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Talbot County?

Based on a typical all-in ownership cost of $1,462/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Talbot County is $88k/year.

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What industries drive the economy in Talbot County?

The largest employment sectors in Talbot County are public administration (24%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas