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Calvert Beach

Learn about the people, housing, costs and businesses in Calvert Beach, Maryland

Median Home$453,300
Median Rent$1,963/month
Population812
Leading IndustriesProfessional Services · Wholesale Trade · Manufacturing3% professional services
Home Value Growth+7.2% over 2 years
Retirees24% of residentsslightly above average
Homeowners88% of occupied units
NotableHigh Incomes$135k/year · top 6% nationally
NotableVeteran Community10% of residents · top 14% nationally
Calvert Beach
MD

Frequently Asked Questions

What are today's mortgage rates in Calvert Beach?

As of today, the 30-year fixed mortgage rate for Calvert Beach is approximately 6.893% (6.929% 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 Calvert Beach?

The median home value in Calvert Beach is $453k. The median monthly rent is $1,963. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Calvert Beach?

Home values in Calvert Beach have increased 7.2% 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 Calvert Beach?

Based on a typical all-in ownership cost of $1,848/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Calvert Beach is $135k/year.

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What industries drive the economy in Calvert Beach?

The largest employment sectors in Calvert Beach are public administration (21%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.