Salisbury, MD has a population of 32,368, while the median age is 28. The household income in Salisbury, MD is around $37,416. The homeownership rate among the residents is 29%. The median residential property value in Salisbury, MD that you should keep in mind is $153,700.
Population | 32,368 |
Median Age | 27.8 |
Poverty Rate | 27% |
Household Income | $37,416 |
Number Of Employees | 15,468 |
Median Property Value | $153,700 |
Rent Price | Jul | vs Last Month |
---|---|---|
1 bed rentals | $695 | -40.3% |
2 bed rentals | $7,258 | +476.9% |
3 bed rentals | $1,700 | +5.3% |
4+ bed rentals | $2,300 | N/A |
Over the Jul 2022, the average rent for an apartment in/near Salisbury, MD increased by 354.5% to $6,500.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 40.3% to $695. Pricing for 2-bed apartment also increased by 476.9% and a place of this size will now cost you $7,258. 3-bed apartment rent pricing starts at $1,700, it increased by 5.3% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,300 for a big-family home.
Rent Type Price | Jul | vs Last Month |
---|---|---|
House rentals | $1,700 | +9.3% |
Apartment rentals | $6,820 | +402.6% |
Townhouse rentals | $1,381 | N/A |
The median rent for an apartment in Salisbury, MD increased by 402.6% to $6,820. Statistics show that house rent price increased by 9.3% this month making it up to $1,700. Townhouse rent pricing didn’t change, the price still starts at $1,381.