Housing Insights for ZIP Code 21221 (Essex, MD)

Housing Summary for ZIP Code 21221

Homeowners

The median home value in ZIP Code 21221 (Essex, MD) is $201,100. Approximately 56.6% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.5%.

The average occupancy of owner-occupied units in ZIP Code 21221 is 2.69 occupants, while owner-occupied units have an aggregate average size of 2.52 bedrooms per housing unit.

Renters

In the 21221 ZIP Code, an estimated 43.4% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 7.3%.

Among renter-occupied units in this ZIP, the average occupancy is 2.46 occupants, while renters in this Baltimore County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 21221

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 21221.

ZIP 21221 Maryland U.S.
Median Home Value $201,100 $430,752 $361,498
Owner-Occupied Housing Units 56.6% 66.9% 64.0%
Homeowner Vacancy Rate 1.5% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.69 2.75 2.70
Average # of Bedrooms Per Unit 2.52 2.97 2.75
Median Housing Rent $0 $1,392 $1,062
Renter-Occupied Housing Units 43.4% 33.1% 36.0%
Rental Vacancy Rate 7.3% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.46 2.50 2.49
Percent of Income Spent on Rent 0% 30.05% 29.83%

Home Values in ZIP Code 21221 (Essex, MD)

The median home value in ZIP Code 21221 is $201,100. That median value is about 36% lower than the median home value of $314,800 in Maryland overall, and is 8% lower than the $217,500 the median home value in the entire U.S. An estimated 29.6% of homes in ZIP Code 21221 are valued $200,000 to $299,999. That is 21% higher than in Maryland, in which 24.4% of homes are valued at $200,000 to $299,999, and is about 51% higher than in the U.S. overall (19.6% of homes valued at $200,000 to $299,999). The home value range that the smallest portion of ZIP Code 21221 homes fall into is $1,000,000 or more (0.6% of homes).

Home Values in ZIP Code 21221

This chart visualizes the breakdown of home values in ZIP Code 21221, Maryland, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 21221 vs. home values in both the state of Maryland and in the U.S. overall.

Home Values in ZIP Code 21221

See the table below for a regional comparison of home values in ZIP Code 21221.

Home Value ZIP 21221 Maryland U.S.
Less than $50,000 4.1% 2.7% 6.9%
$50,000 to $99,999 5.5% 3.7% 12.0%
$100,000 to $149,999 19.8% 6.3% 13.3%
$150,000 to $199,999 20.2% 9.9% 14.0%
$200,000 to $299,999 29.6% 24.4% 19.6%
$300,000 to $499,999 15.7% 32.8% 19.3%
$500,000 to $999,999 4.4% 17.1% 11.4%
$1,000,000 or more 0.6% 3.1% 3.4%

Home Ages in ZIP Code 21221 (Essex, MD)

Approximately 23.8% of homes in this Essex, MD region were built in 1950 to 1959. This amount of homes built in 1950 to 1959 in ZIP Code 21221 is about 109% higher than percentage of homes built in this time period in Maryland overall (11.4% of homes), and is 131% higher the percentage (10.3% of homes) in the U.S. as a whole. Additionally, an esimated 14.4% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.6% of homes in this Baltimore County ZIP Code were built in 2014 or later in ZIP Code 21221. In comparison, 2.3% of homes in Maryland overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 21221

A detailed regional comparison of home ages in ZIP Code 21221.

Year Built ZIP 21221 Maryland U.S.
2014 or later 0.6% 2.3% 2.5%
2010 to 2013 1.1% 2.6% 2.7%
2000 to 2009 6.6% 11.4% 14.0%
1990 to 1999 9.9% 14.3% 13.9%
1980 to 1989 14.4% 15.3% 13.4%
1970 to 1979 10.8% 14.1% 15.2%
1960 to 1969 14.1% 11.5% 10.6%
1950 to 1959 23.8% 11.4% 10.3%
1940 to 1949 11.0% 5.2% 4.9%
1939 or earlier 7.7% 11.8% 12.6%

Age of Homes in ZIP Code 21221

See the chart below for details on the age of homes in ZIP Code 21221, Maryland, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 21221

Frequently asked questions about housing in this Essex, MD ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 21221.

1

What is the average home value ZIP Code 21221?

The median home value in ZIP Code 21221 (Essex, MD) is $201,100.
2

Are homes expensive in ZIP Code 21221?

The median home value in 21221 ($201,100) is an estimated 36% lower than the aggregate median value of $314,800 in Maryland, and is 8% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 21221?

The vacacy rate for owner-occupied housing in ZIP Code 21221 is 1.5%. This rate is 12% lower than the overall Maryland owner-occupied vacancy rate of 1.7%. Additionally, the 21221 vacancy rate is 6% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 21221 have older homes or newer construction?

In ZIP Code 21221, about 23.8% of homes were built in 1950 to 1959. That time range includes the most home construction. Also, 14.4% of homes in the region were built in 1980 to 1989. In contrast, 0.6% of homes in 21221 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 21221? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 21221 than renter-occupied housing. Owner-occupied units make up 56.6% of housing, compared to 43.4% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 21221?

The vacacy rate for rental units in ZIP Code 21221 is 7.3%. This rate is 22% higher than the overall Maryland vacancy rate of 6.0%. Additionally, the 21221 vacancy rate is 22% higher than the entire U.S. vacancy rate of 6.0%.