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Bensville

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

Median Home$512,758
Median Rent$2,789/month
Population15,870
Leading IndustriesEducation · Finance & Insurance · Arts, Food & Hospitality3% education
Home Value Growth⬆⬆+13.0% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners97% of occupied units
NotableHigh Incomes$165k/year · top 3% nationally
NotableVeteran Community12% of residents · top 6% nationally
Bensville
MD

Frequently Asked Questions

What are today's mortgage rates in Bensville?

As of today, the 30-year fixed mortgage rate for Bensville is approximately 6.853% (6.888% 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 Bensville?

The median home value in Bensville is $513k. The median monthly rent is $2,789. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bensville?

Home values in Bensville have increased 13.0% 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 Bensville?

Based on a typical all-in ownership cost of $2,761/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $118k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bensville is $165k/year.

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What industries drive the economy in Bensville?

The largest employment sectors in Bensville are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.