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Cedar Heights

Learn about the people, housing, costs and businesses in Cedar Heights, Maryland

Median Home$373,400
Median Rent$1,745/month
Population1,858
Leading IndustriesPublic Administration · Finance & Insurance · Information & Media34% public administration
Home Value Growth+9.3% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners66% of occupied units
Cedar Heights
MD

Frequently Asked Questions

What are today's mortgage rates in Cedar Heights?

As of today, the 30-year fixed mortgage rate for Cedar Heights is approximately 6.954% (6.988% 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 Cedar Heights?

The median home value in Cedar Heights is $373k. The median monthly rent is $1,745. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cedar Heights?

Home values in Cedar Heights have increased 9.3% 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 Cedar Heights?

Based on a typical all-in ownership cost of $1,702/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cedar Heights is $78k/year.

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What industries drive the economy in Cedar Heights?

The largest employment sectors in Cedar Heights are public administration (34%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.