Salary & Cost of Living in Severn, MD
Severn, MD: $69,646 median salary, cost of living index 106.8, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$69,646
$33/hr
Cost of Living
106.8
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.4%
rate
Severn, MD Overview
Population
47,144
Median Salary
$69,646
Average Salary
$78,004
Avg Commute
19 min
Median Home Price
$345,000
Median Rent
$1,404/mo
Job Growth
+2.7%
Sales Tax
6%
Severn is located in Maryland with a population of 47,144. The median household salary is $69,646 per year ($33/hour), which is $10,262 above the national median of $59,384. The average commute time is 19 minutes, and the city has a job growth rate of +2.7%.
Severn Salary by Experience Level (2026)
Wage distribution in Severn, MD based on BLS percentile breakdown of the $69,646 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $43,181 | $20.76/hr | 0–2 years |
| Mid-Level (Median) | $69,646 | $33.48/hr | 3–7 years |
| Senior-Level | $98,897 | $47.54/hr | 8–15 years |
| Top 10% (90th Percentile) | $123,970 | $59.59/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Severn Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Severn, MD, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$52,493
$4,374.40/month · $2,018.95/biweekly · Effective Rate: 24.6%
Gross Pay
$69,646
Federal Tax
-$6,936
State Tax
-$4,005
Local Tax
-$885
FICA
-$5,328
Net Pay
$52,493
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,803.83 | $69,646.00 |
| Federal Income Tax | -$578.01 | -$6,936.12 |
| Maryland State Tax (5.75%) | -$333.72 | -$4,004.65 |
| Local Tax (1.27%) | -$73.71 | -$884.50 |
| Social Security (6.2%) | -$359.84 | -$4,318.05 |
| Medicare (1.45%) | -$84.16 | -$1,009.87 |
| Net Take-Home Pay | $4,374.40 | $52,492.81 |
Salary Comparison: Severn vs Other Cities
See how Severn's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Severn, MD | $69,646 | 106.8 | $65,212 |
| National Average | $59,384 | 100 | $59,384 |
| Englewood, NJ | $69,685 | 113.2 | $61,559 |
| Lodi, CA | $69,694 | 143.4 | $48,601 |
| College Park, MD | $69,694 | 118.6 | $58,764 |
| Bristol, CT | $69,592 | 114.5 | $60,779 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Severn
Severn's cost of living index is 106.8 (national average = 100). Living in Severn is 6.799999999999997% more expensive than the national average.
Median Home Price
$345,000
Median Monthly Rent
$1,404
Annual Rent Cost
$16,848
Your Salary's Purchasing Power
Your $52,493 annual take-home pay in Severn has the purchasing power of approximately $49,151 in an average-cost US area. You would need to earn $74,382 in Severn to match a $69,646 salary in an average-cost city.
Top Industries in Severn
Severn's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $69,646.
Salary Tips for Severn Workers
- Maximize pre-tax deductions. With a 5.75% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Severn's top industries include Cybersecurity, Biotech, Government. Targeting roles in these sectors can help you earn above the $69,646 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Severn salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Severn-MD metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Severn indexed at 106.8.
- Median salary calculation: weighted average of Severn's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $69,646 annual median.
- Tax burden reflects Maryland state income tax (5.75%), plus Severn local tax of 1.27%, sales tax (6%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Severn: 3.4%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Cybersecurity, Biotech, Government — based on QCEW employment concentration data.
- Job growth: 2.7% projected through 2034, derived from BLS Employment Projections program for Maryland.
- Housing context: median home price $345,000, median rent $1,404/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Severn, MD:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Severn unemployment rate
- U.S. Census Bureau — Severn QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Maryland — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Severn's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Maryland labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the median salary in Severn, MD?
The median salary in Severn, MD is $69,646 per year, or $33 per hour. The average salary is $78,004. This is $10,262 above the national median of $59,384.
What is the cost of living in Severn, MD?
Severn's cost of living index is 106.8 (national average = 100), meaning it is 6.799999999999997% more expensive compared to the national average. The median home price is $345,000 and the median monthly rent is $1,404.
What are the best industries in Severn?
The top industries in Severn, MD include Cybersecurity, Biotech, Government. The city has a job growth rate of 2.7% and an unemployment rate of 3.4%. Workers in these industries often earn above the city's median salary of $69,646.
How does Severn's salary compare to other cities?
Severn's median salary of $69,646 is 17.3% above the national median of $59,384. However, when adjusted for cost of living (index: 106.8), the real purchasing power is approximately $65,212.
What is the minimum wage in Severn, MD?
The minimum wage in Severn, MD is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.