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Savage, MD Utility & Living Guide
Living in Savage, MD offers a unique blend of historic charm and modern convenience, making it an attractive option for families and young professionals alike.
Monthly Utility Costs
$140/mo
$60/mo
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1400/mo |
| 2 Bedrooms | $1800/mo |
| 3 Bedrooms | $2400/mo |
| Median Home Price | $380,000 |
| Property Tax Rate | 1.1% |
| Avg Childcare/mo | $1200 |
The housing market in Savage is competitive, with a mix of older homes and new developments. Home prices have been steadily increasing over the past few years, making it a seller’s market. Renters can expect to pay a premium for homes in desirable neighborhoods.
Cost of Living
110
+10% above national average
105
100
102
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6% |
| Property Tax Rate | 1.1% |
| <p>State 6% + County 0% + City 0%</p> | |
Maryland has a progressive income tax system, with rates ranging from 4.75% to 5.75%. Residents of Savage are also subject to Howard County income tax, which is 3.2% of net income.
Family & Relocation
60
7.5/10
$1200/mo
City Pulse
Savage has a limited public transportation system, but it is relatively stroller-friendly, with accessible sidewalks and pedestrian paths.
- Savage Park
- Historic Savage Mill
- Patuxent Research Refuge
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Savage based on your household profile.
Local Briefing & Neighborhood Pulse
Live Local News
Savage has regulations in place to preserve its historic district and protect the environment, including rules on zoning, noise pollution, and waste management.
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
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📊 Savage — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Savage tend to be higher in the summer months due to air conditioning usage, with average electricity bills increasing by 20-30% from June to August. In the winter, heating costs are relatively low, with natural gas bills averaging around $50-70 per month.
🏛️ Local Tax Details
The ZIP code 20763 has a property tax millage rate of 1.06, with no local surtaxes. However, residents of Savage are subject to the Howard County transfer tax, which is 1.5% of the sale price of a property.
👶 Family & Stroller Friendliness
8, with wide sidewalks, accessible pedestrian paths, and plenty of family-friendly amenities, including parks, playgrounds, and restaurants with outdoor seating.
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