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Dorchester County

Learn about the people, housing, costs and businesses in Dorchester County County

Median Home$273,200
Median Rent$1,051/month
Population32,754
Leading IndustriesHealthcare · Construction11% healthcare
Home Value Growth⬆⬆+20.2% over 2 years
Retirees23% of residentsslightly above average
Homeowners66% of occupied units
Dorchester County
MD

Frequently Asked Questions

What are today's mortgage rates in Dorchester County?

As of today, the 30-year fixed mortgage rate for Dorchester County is approximately 7.106% (7.134% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Dorchester County
What is the median home price in Dorchester County?

The median home value in Dorchester County is $273k. The median monthly rent is $1,051. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dorchester County?

Home values in Dorchester County have increased 20.2% 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 Dorchester County?

Based on a typical all-in ownership cost of $1,091/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dorchester County is $64k/year.

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What industries drive the economy in Dorchester County?

The largest employment sectors in Dorchester County are public administration (22%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas