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Rental Insights for ZIP Code 21078 (Havre De Grace, MD)

Housing Rentals in ZIP Code 21078 (Havre De Grace, MD)

21078 ZIP Code in Maryland

A Detailed Snapshot of Renters in the ZIP Code 21078

The 21078 ZIP Code is predominantly located in Havre De Grace, MD in Harford County. The median housing rent payment in this Maryland region is $973 per month. About 27.4% of housing units in this Harford County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 3.8%.

The median rent in ZIP Code 21078 of $973 per month is 30% lower than the aggregate Maryland median monthly rent of $1,392, and is 8% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 41.8% of residents in ZIP Code 21078 have a monthly rent payment between $500 and $999. That is 158% higher than in Maryland overall, in which 16.2% of total state residents pay between $500 and $999 per month for housing. Just 0.6% of renters in this Havre De Grace, MD region pay $3,000 or more per month for rent.

ZIP Code 21078 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 21078

See the chart below for a comparison of monthly rental costs in ZIP Code 21078, Maryland, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 21078 along with those in the state of Maryland and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 21078

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 21078 Maryland U.S.
Less than $500 9.7% 7.4% 9.4%
$500 to $999 41.8% 16.2% 36.2%
$1,000 to $1,499 28.8% 34.0% 30.0%
$1,500 to $1,999 12.6% 26.4% 14.0%
$2,000 to $2,499 4.4% 10.5% 5.6%
$2,500 to $2,999 2.0% 3.4% 2.4%
$3,000 or more 0.6% 2.1% 2.4%

Rent Cost vs. Income in ZIP Code 21078

Renters in ZIP Code 21078 use an estimated 28.81% of their income to cover their monthly rent payments. That is about 4% lower than in Maryland overall. The estimate for Maryland overall is 30.05% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 21078 renters use about 3% less of their income to cover rent expense. Household income figures for ZIP Code 21078 come in lower than in Maryland as a whole. The median annual household income in ZIP Code 21078 of $79,489 sits approximately 6% lower than the overall Maryland median income of $84,805 and approximately 26% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 21078

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 21078, Maryland, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 21078 along with the same calculations in the state of Maryland and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 21078

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 21078 Maryland U.S.
Less than 15.0 percent 24.0% 11.5% 13.1%
15.0 to 19.9 percent 8.2% 12.9% 12.9%
20.0 to 24.9 percent 6.1% 13.8% 12.9%
25.0 to 29.9 percent 11.2% 12.1% 11.6%
30.0 to 34.9 percent 9.4% 9.1% 9.1%
35.0 percent or more 41.1% 40.6% 40.5%

Household Income in ZIP Code 21078

See the table below for the regional comparison of annual household income in ZIP Code 21078.

Income ZIP 21078 Maryland U.S.
Less than $10,000 4.5% 4.6% 6.0%
$10,000 to $14,999 4.0% 2.7% 4.3%
$15,000 to $24,999 5.5% 5.8% 8.9%
$25,000 to $34,999 7.8% 6.4% 8.9%
$35,000 to $49,999 9.0% 9.6% 12.3%
$50,000 to $74,999 16.2% 15.3% 17.2%
$75,000 to $99,999 13.7% 13.2% 12.7%
$100,000 to $149,999 16.4% 19.0% 15.1%
$150,000 to $199,999 11.5% 10.5% 6.8%
$200,000 or more 11.3% 12.7% 7.7%

Household Income in ZIP Code 21078

See the chart below for a comparison of annual household income figures in ZIP Code 21078, Maryland, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 21078 alongside the same figures for the state of Maryland and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 21078

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 21078.

ZIP 21078 Maryland U.S.
Median Housing Rent $973 $1,392 $1,062
Renter-Occupied Housing Units 27.4% 33.1% 36.0%
Rental Vacancy Rate 3.8% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.06 2.50 2.49
Average # of Bedrooms Per Unit 2.91 2.97 2.75
Percent of Income Spent on Rent 28.81% 30.05% 29.83%
Per Capita Income $43,650 $42,122 $34,103
Median Household Income $104,146 $111,417 $88,607
Living Below the Poverty Line 4.7% 6.1% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 21078

In ZIP Code 21078 (Havre De Grace, MD), and estimated 27.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 3.8%.

The per capita income in 21078 is estimated at $43,650, which goes along with an estimated median household income of $104,146. About 4.7% of residents in this Harford County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.06 occupants, while the units have an aggregate average size of 2.91 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.81% of their income on housing rental costs.

Rental FAQs for ZIP Code 21078

1

What is the median monthly rent in ZIP Code 21078?

Median rent for housing in ZIP Code 21078 in Harford County in Maryland is approximately $973 per month.
2

Is it expensive to rent in ZIP Code 21078?

Rent in ZIP Code 21078 is lower than average in the state of Maryland overall. The median monthly rent of $973 in ZIP Code 21078 is approximately 30% lower than the Maryland median of $1,392. Additionally, median rent in this Havre De Grace, MD region ($973) is about 8% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 21078?

High-priced rentals are less common in ZIP Code 21078 than in Maryland overall. The percentage of rentals in ZIP Code 21078 that cost $3,000 or more per month (0.6%) is about 71% lower than the Maryland rate of 2.1% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 75% higher than the aforementioned 21078 rate of 0.6%.
4

Are affordable rentals common in ZIP Code 21078?

Affordable rentals are more common in ZIP Code 21078 than in Maryland overall. The percentage of housing rentals in ZIP Code 21078 costing $999 or less per month (51.5%) is approximately 118% higher than the Maryland rate of 23.6% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 13% lower than the previously mentioned 21078 rate of 51.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 21078?

The most common range for rental cost in ZIP Code 21078 is between $500 and $999 per month. About 41.8% of renters in 21078 pay in this range for monthly rent. In comparison, approximately 16.2% of renters in the state of Maryland fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 21078 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 21078 is lower than the rental vacancy rate in the state of Maryland overall. Rental vacancy of 3.8% in ZIP Code 21078 is about 37% lower than the Maryland rate of 6.0%. Looking more broadly, rental vacancy in this Havre De Grace, MD region (3.8%) is an estimated 37% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 21078? How does it compare to other Maryland regions?

Median household income in ZIP Code 21078 is lower than in the state of Maryland overall. Annual household income of $79,489 in ZIP Code 21078 is about 6% lower than the Maryland median of $84,805. Additionally, median household income in this Havre De Grace, MD region ($79,489) is approximately 26% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 21078 spend on housing costs?

Renters in ZIP Code 21078 spend a lower amount of their income on rent costs than do renters in Maryland overall. Renters in ZIP Code 21078 spend an estimated 28.81% of their income on rent payments, which is about 4% lower than the overall Maryland estimated rate of 30.05%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 3% higher than the ZIP Code 21078 estimated rate of 28.81%.
9

Do renters in ZIP Code 21078 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 21078 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 21078 spending 30 percent or more of their income on rent costs (50.5%) is approximately 2% higher than the Maryland rate of 49.7% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 2% lower than the aforementioned 21078 rate of 50.5%.
10

What is the average household size of renter-occupied units in ZIP Code 21078?

The average household size of renter-occupied units in ZIP Code 21078 is lower than in the state of Maryland overall. Annual household size of 2.06 in ZIP Code 21078 is about 18% lower than the Maryland median of 2.50. Additionally, median household size in this Havre De Grace, MD region (2.06) is approximately 17% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Maryland ZIP Codes