Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Betterton

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

Median Home$292,800
Median Rent$1,466/month
Population272
Leading IndustriesManufacturing · Professional Services · Information & Media1% manufacturing
Home Value Growth+6.0% over 2 years
Young Adults29% of residentsslightly above average
Homeowners85% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Betterton
MD

Frequently Asked Questions

What are today's mortgage rates in Betterton?

As of today, the 30-year fixed mortgage rate for Betterton is approximately 6.899% (6.935% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Betterton
What is the median home price in Betterton?

The median home value in Betterton is $293k. The median monthly rent is $1,466. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Betterton?

Home values in Betterton have increased 6.0% over the past two years. This represents moderate growth. 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 Betterton?

Based on a typical all-in ownership cost of $1,342/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Betterton is $73k/year.

Calculate your buying power
What industries drive the economy in Betterton?

The largest employment sectors in Betterton are public administration (25%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.