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Camp Springs

Learn about the people, housing, costs and businesses in Camp Springs, Maryland

Median Home$411,413
Median Rent$2,154/month
Population23,394
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services14% healthcare
Home Value Growth+2.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners68% of occupied units
NotableHigh Incomes$121k/year · top 8% nationally
NotableAmenity Score68/100 · highly walkable area
Camp Springs
MD

Frequently Asked Questions

What are today's mortgage rates in Camp Springs?

As of today, the 30-year fixed mortgage rate for Camp Springs is approximately 6.886% (6.922% 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 Camp Springs?

The median home value in Camp Springs is $411k. The median monthly rent is $2,154. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Camp Springs?

Home values in Camp Springs have increased 2.3% over the past two years. The market has been relatively stable. 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 Camp Springs?

Based on a typical all-in ownership cost of $2,137/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $92k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Camp Springs is $121k/year.

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What industries drive the economy in Camp Springs?

The largest employment sectors in Camp Springs are public administration (22%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.