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Bowie

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

Median Home$478,744
Median Rent$2,541/month
Population57,094
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services14% arts, food & hospitality
Home Value Growth+10.0% over 2 years
Young Adults24% of residents
Homeowners83% of occupied units
NotableHigh Incomes$144k/year · top 4% nationally
NotableVeteran Community10% of residents · top 14% nationally
Bowie
MD

Frequently Asked Questions

What are today's mortgage rates in Bowie?

As of today, the 30-year fixed mortgage rate for Bowie is approximately 6.857% (6.892% 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 Bowie?

The median home value in Bowie is $479k. The median monthly rent is $2,541. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bowie?

Home values in Bowie have increased 10.0% 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 Bowie?

Based on a typical all-in ownership cost of $2,472/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $106k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bowie is $144k/year.

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What industries drive the economy in Bowie?

The largest employment sectors in Bowie are public administration (24%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.