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Sherwood, MD Utility & Living Guide
Living in Sherwood, MD offers a tranquil and picturesque experience with its rural landscape and proximity to the Chesapeake Bay
Monthly Utility Costs
$140/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $2000/mo |
| Median Home Price | $380,000 |
| Property Tax Rate | 0.85% |
| Avg Childcare/mo | $1200 |
The housing market in Sherwood is characterized by a mix of old and new homes, with a range of prices to suit different budgets. The area is popular with families and retirees due to its peaceful atmosphere and access to outdoor activities. However, the market can be competitive, with limited inventory and rising prices.
Cost of Living
110
+10% above national average
105
95
105
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6% |
| Property Tax Rate | 0.85% |
| <p>State 6% + County 0% + City 0%</p> | |
Maryland has a progressive state income tax with rates ranging from 2% to 5.75%
Family & Relocation
60
7.5/10
$1200/mo
City Pulse
The public transit system in Sherwood is limited, but the area is relatively flat and easy to navigate with a stroller, with sidewalks and bike paths connecting many neighborhoods
- Chesapeake Bay
- Talbot County Parks
- and the Oxford-Bellevue Ferry
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Sherwood based on your household profile.
📰 Live Local News
Talbot County has regulations in place to protect the environment and preserve the rural character of the area, including zoning laws and restrictions on development
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 Sherwood — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Sherwood tend to be higher in the summer months due to the need for air conditioning, with average electric bills increasing by 20-30% between June and August. In the winter months, heating costs are relatively low due to the mild climate, but may still increase by 10-20% between December and February.
🏛️ Local Tax Details
The ZIP code 21665 has a property tax millage rate of 0.85, with no local surtaxes
👶 Family & Stroller Friendliness
Score 8/10, with explanation: Sherwood has good sidewalk quality and park access, but limited elevator access in transit and some areas with no sidewalks, making it somewhat challenging to navigate with a stroller
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