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Aberdeen Proving Ground

Learn about the people, housing, costs and businesses in Aberdeen Proving Ground, Maryland

Median Rent$2,127/month
Population2,200
Leading IndustriesManufacturing · Agriculture & Mining · Arts, Food & Hospitality8% manufacturing
Home Value Growth⬆⬆+13.4% over 2 years
Young Adults35% of residentswell above average
Renters97% of occupied units
NotableVeteran Community20% of residents · top 1% nationally
NotableTransit91/100 · excellent transit access
Aberdeen Proving Ground
MD

Frequently Asked Questions

What are today's mortgage rates in Aberdeen Proving Ground?

As of today, the 30-year fixed mortgage rate for Aberdeen Proving Ground is approximately 6.844% (6.878% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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Are home values rising in Aberdeen Proving Ground?

Home values in Aberdeen Proving Ground have increased 13.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Aberdeen Proving Ground?

Based on a typical all-in ownership cost of $2,110/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $90k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Aberdeen Proving Ground is $120k/year.

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What industries drive the economy in Aberdeen Proving Ground?

The largest employment sectors in Aberdeen Proving Ground are public administration (19%) and agriculture and mining (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.