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Delmar

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

Median Home$226,311
Median Rent$1,289/month
Population4,206
Leading IndustriesConstruction · Professional Services · Agriculture & Mining5% construction
Home Value Growth⬆⬆⬆+28.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners68% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableTransit80/100 · excellent transit access
Delmar
MD

Frequently Asked Questions

What are today's mortgage rates in Delmar?

As of today, the 30-year fixed mortgage rate for Delmar is approximately 6.972% (7.011% 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 Delmar?

The median home value in Delmar is $226k. The median monthly rent is $1,289. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Delmar?

Home values in Delmar have increased 28.5% 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 Delmar?

Based on a typical all-in ownership cost of $1,250/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Delmar is $72k/year.

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What industries drive the economy in Delmar?

The largest employment sectors in Delmar are public administration (23%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.