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Arbutus

Learn about the people, housing, costs and businesses in Arbutus, Maryland

Median Home$324,620
Median Rent$1,560/month
Population22,507
Leading IndustriesArts, Food & Hospitality · Transportation · Public Administration8% arts, food & hospitality
Home Value Growth+10.2% over 2 years
Young Adults35% of residentswell above average
Homeowners69% of occupied units
NotableTransit87/100 · excellent transit access
NotableAmenity Score71/100 · highly walkable area
Arbutus
MD

Frequently Asked Questions

What are today's mortgage rates in Arbutus?

As of today, the 30-year fixed mortgage rate for Arbutus is approximately 6.958% (6.996% 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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What is the median home price in Arbutus?

The median home value in Arbutus is $325k. The median monthly rent is $1,560. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Arbutus?

Home values in Arbutus have increased 10.2% 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 Arbutus?

Based on a typical all-in ownership cost of $1,642/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Arbutus is $102k/year.

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What industries drive the economy in Arbutus?

The largest employment sectors in Arbutus are public administration (26%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.