U.S. ZIP Code · MD21040

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 21040 is worth $266,351 — 45.4% below the Baltimore-Columbia-Towson, MD median. Over the past year, values have risen 1.2%. Homes here rent for a typical $1,729 a month — a 7.8% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent

$1,729^[2]

Gross yield?Gross yieldAnnual rent (latest ZORI × 12) divided by the typical home value (latest ZHVI). Headline cash-flow proxy; ignores expenses, vacancy, and financing.

7.8%^[2]

Cap rate?Cap rateEstimated net operating income divided by purchase price. Net operating income assumes 40% of gross rent goes to taxes, insurance, repairs, vacancy, and management — the standard rule for single-family rentals.

4.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate?Effective tax rateAggregate real estate taxes paid in this ZIP divided by aggregate home value, from the latest Census ACS. Includes every assessment line item — not the headline statutory rate.

0.9%^[3]

Typical annual tax?Typical annual taxThe effective tax rate applied to this ZIP's typical home (latest ZHVI). A rough estimate of what one ZIP-median property would pay annually.

$2,431^[3]

#Climate risk

FEMA National Risk Index ratings for Harford County. "Not Applicable" means the hazard does not threaten the county.

Overall risk?Overall riskFEMA's composite National Risk Index rating, combining every modeled hazard with the area's social vulnerability and community resilience.

Relatively Low^[4]

Riverine flood

Relatively Moderate

Coastal flood

Relatively Low

Wildfire

Very Low

Drought

Relatively Moderate

Heat wave

Relatively Moderate

Hurricane

Relatively Moderate

Tornado

Relatively Low

Earthquake

Relatively Low

Winter weather

Relatively High

#Who lives here

Population

24,960^[3]

Median household income

$81,704^[3]

#Migration

Household moves in and out of Harford County over a year, from IRS tax-return data.

Net migration?Net migrationTax returns moving in minus tax returns moving out, per year. From IRS Statistics of Income county-to-county migration data. County-level — every ZIP in the county carries the same number.

-75^[5]

Moved in

6,345

Moved out

6,420

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools

4

Elementary

2

Middle

1

High

1

• Edgewood High

  High · Grades 9–12 · Harford County Public Schools

  1,417 students

• Edgewood Middle

  Middle · Grades 6–8 · Harford County Public Schools

  994 students

• Deerfield Elementary

  Elementary · Grades PK–5 · Harford County Public Schools

  714 students

• Edgewood Elementary

  Elementary · Grades PK–5 · Harford County Public Schools

  415 students

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation?Metro percentileThis ZIP's rank among every ZIP in its metro for five-year price appreciation. 75th percentile means three-quarters of the metro's ZIPs appreciated less.

64th percentile^[1]

Rental yield

76th percentile^[2]

Property tax

54th percentile^[3]

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

• 21214vs 21040 →

  Baltimore, MD

  Typical home

  $258,047

  Gross yield

  7.5%

• 21230vs 21040 →

  Baltimore, MD

  Typical home

  $275,889

  Gross yield

  9.4%

• 21017…

  Riverside CDP, MD

  Typical home

  $287,427

  Gross yield

  7.5%

• 21211…

  Baltimore, MD

  Typical home

  $288,506

  Gross yield

  8.8%

• 21207…

  Lochearn CDP, MD

  Typical home

  $289,317

  Gross yield

  5.9%

• 21224…

  Baltimore, MD

  Typical home

  $239,449

  Gross yield

  10.6%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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