How much is a home worth in ZIP code 21804?

The typical home in 21804 is worth $250,430, based on the Zillow Home Value Index.

Are home values rising in 21804?

Home values in 21804 are up 0.9% over the past year, and up 6.0% a year over five years.

What is the typical rent in 21804?

A typical home in 21804 rents for about $1,642 a month, a gross rental yield of 7.9%.

What is the property tax rate in 21804?

The effective property tax rate in 21804 is 0.7% — roughly $1,717 a year on a typical home.

ZIP code 21804 has a population of 40,430 and a median household income of $73,156.

HousingHandbookReference data

…

U.S. ZIP Code · MD21804

Wicomico County · Salisbury, MD

Typical home value

$250,430^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.9%
5-year / yr: +6.0%
10-year / yr: +5.9%

Relative price

vs U.S.: -11.8%
vs metro: -2.0%
vs state: -44.4%

Price history

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

The typical home in 21804 is worth $250,430 — 2.0% below the Salisbury, MD median. Over the past year, values have risen 0.9%. Homes here rent for a typical $1,642 a month — a 7.9% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $1,642^[2]
Gross yield: 7.9%^[2]
Cap rate: 4.7%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,717^[3]

#Climate risk

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

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Low
Coastal flood: Relatively Low
Wildfire: Relatively Low
Drought: Relatively Moderate
Heat wave: Relatively Low
Hurricane: Relatively Moderate
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 40,430^[3]
Median household income: $73,156^[3]

#Migration

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

Net migration: -142^[5]
Moved in: 2,538
Moved out: 2,680

Schools

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

Public schools: 9
Elementary: 4
Middle: 1
High: 4

James M. Bennett High
High · Grades 9–12 · Wicomico County Public Schools
1,379 students
Wicomico High
High · Grades 9–12 · Wicomico County Public Schools
1,307 students
Parkside High
High · Grades 9–12 · Wicomico County Public Schools
1,223 students
Prince Street School
Elementary · Grades PK–5 · Wicomico County Public Schools
878 students
Wicomico Middle
Middle · Grades 6–8 · Wicomico County Public Schools
796 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.9%

Net yield (after ~40% expenses)4.7%

Annual rent$19,707

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,266

Loan principal$200,344

Down payment$50,086

Total interest paid$255,528

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.99

Monthly cost to own$1,619

Monthly rent$1,642

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 50th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 22nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 21804?: The typical home in 21804 is worth $250,430, based on the Zillow Home Value Index.
Are home values rising in 21804?: Home values in 21804 are up 0.9% over the past year, and up 6.0% a year over five years.
What is the typical rent in 21804?: A typical home in 21804 rents for about $1,642 a month, a gross rental yield of 7.9%.
What is the property tax rate in 21804?: The effective property tax rate in 21804 is 0.7% — roughly $1,717 a year on a typical home.
Who lives in 21804?: ZIP code 21804 has a population of 40,430 and a median household income of $73,156.

#Comparable ZIPs

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

21826 vs 21804 →
Fruitland, MD
Typical home
$255,619
Gross yield
—
21865 vs 21804 →
Tyaskin CDP, MD
Typical home
$243,618
Gross yield
—
21840
Nanticoke CDP, MD
Typical home
$260,202
Gross yield
—
21861
Sharptown, MD
Typical home
$234,804
Gross yield
—
21871
Fairmount CDP, MD
Typical home
$233,803
Gross yield
—
21814
Jesterville CDP, MD
Typical home
$233,096
Gross yield
—

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

Compare ZIPs

Pit ZIP 21804 against any other ZIP — full side-by-side table.

Compare 21804 →

#Jump to section

U.S. ZIP Code · MD21804

Get more data on ZIPs like this

Get more data on ZIPs like this