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Croom

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

Median Home$585,300
Median Rent$1,622/month
Population2,785
Leading IndustriesEducation · Public Administration3% education
Home Value Growth-0.5% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners93% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableHigh Incomes$175k/year · top 2% nationally
Croom
MD

Frequently Asked Questions

What are today's mortgage rates in Croom?

As of today, the 30-year fixed mortgage rate for Croom is approximately 6.959% (6.997% 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 Croom?

The median home value in Croom is $585k. The median monthly rent is $1,622. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Croom?

Home values in Croom have decreased 0.5% over the past two years. Buyers may find more negotiating room in this market. 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 Croom?

Based on a typical all-in ownership cost of $2,200/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $94k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Croom is $175k/year.

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What industries drive the economy in Croom?

The largest employment sectors in Croom are public administration (28%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.