Maryland

Living wage in College Park, Maryland

Most of College Park is in Prince George's County, where a full-time job needs to pay at least $73.88 an hour before taxes to take home four times the typical studio rent.

Pay needed, before taxes$73.88/hrPrince George's County standard
At College Park's middle rent$81.85/hrstudio rent $2,220 a month
Check a job's pay hereAll the numbers for Prince George's County

Across the 3 ZIP codes in College Park with HUD rent figures, studio rents run from $1,860 to $2,220 a month. At the middle rent, $2,220, a full-time job would need to pay $81.85 an hour before taxes.

ZIP codes in College Park

What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.

ZIPCountyStudio rentPay needed
20740Prince George's County$2,220/mo$81.85/hr
20741Prince George's County$1,860/mo$66.81/hr
20742Prince George's County$2,220/mo$81.85/hr

Questions

How much do you need to make to live in College Park, Maryland?

Under the Four Times Rent standard, a full-time job in College Park needs to pay at least $73.88 an hour before taxes, about $153,675 a year. That is the figure for Prince George's County, where the typical studio rent is $2,030 a month.

Does it vary by neighborhood?

Yes. Across the 3 ZIP codes in College Park with HUD rent figures, studio rents run from $1,860 to $2,220 a month. At the middle rent of $2,220, the pay needed would be $81.85 an hour.

How does that compare with the minimum wage?

The minimum wage in Prince George's County is $15.00 an hour. The Four Times Rent standard there is 4.9 times that.

The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads