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Clarksburg

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

Median Home$657,370
Median Rent$2,625/month
Population30,097
Leading IndustriesArts, Food & Hospitality · Healthcare · Education23% arts, food & hospitality
Home Value Growth⬆⬆+12.7% over 2 years
Family-Friendly28% of residentswell above average
Homeowners90% of occupied units
NotableHigh Incomes$180k/year · top 2% nationally
NotableHighly Educated33% bachelor's · 22% graduate · top 5% nationally
Clarksburg
MD

Frequently Asked Questions

What are today's mortgage rates in Clarksburg?

As of today, the 30-year fixed mortgage rate for Clarksburg is approximately 6.823% (6.856% 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 Clarksburg?

The median home value in Clarksburg is $657k. The median monthly rent is $2,625. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clarksburg?

Home values in Clarksburg have increased 12.7% 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 Clarksburg?

Based on a typical all-in ownership cost of $2,651/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $114k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clarksburg is $180k/year.

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What industries drive the economy in Clarksburg?

The largest employment sectors in Clarksburg are healthcare (25%) and public administration (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.