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Bowleys Quarters

Learn about the people, housing, costs and businesses in Bowleys Quarters, Maryland

Median Home$347,801
Median Rent$1,551/month
Population7,002
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing7% finance & insurance
Home Value Growth⬆⬆+13.4% over 2 years
Young Adults29% of residentsslightly above average
Homeowners75% of occupied units
Bowleys Quarters
MD

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Bowleys Quarters?

As of today, the 30-year fixed mortgage rate for Bowleys Quarters is approximately 6.947% (6.985% 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 Bowleys Quarters?

The median home value in Bowleys Quarters is $348k. The median monthly rent is $1,551. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bowleys Quarters?

Home values in Bowleys Quarters 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 Bowleys Quarters?

Based on a typical all-in ownership cost of $1,519/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bowleys Quarters is $78k/year.

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What industries drive the economy in Bowleys Quarters?

The largest employment sectors in Bowleys Quarters are public administration (23%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.