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Eakles Mill

Learn about the people, housing, costs and businesses in Eakles Mill, Maryland

Median Home$484,100
Median Rent$1,140/month
Population28
Leading IndustriesRetail · Manufacturing16% retail
Home Value Growth⬆⬆+14.5% over 2 years
Young Adults33% of residentswell above average
Homeowners90% of occupied units
NotableHigh Incomes$128k/year · top 7% nationally
Eakles Mill
MD

Frequently Asked Questions

What are today's mortgage rates in Eakles Mill?

As of today, the 30-year fixed mortgage rate for Eakles Mill is approximately 6.909% (6.946% 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 Eakles Mill?

The median home value in Eakles Mill is $484k. The median monthly rent is $1,140. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Eakles Mill?

Home values in Eakles Mill have increased 14.5% 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 Eakles Mill?

Based on a typical all-in ownership cost of $1,520/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Eakles Mill is $128k/year.

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What industries drive the economy in Eakles Mill?

The largest employment sectors in Eakles Mill are public administration (21%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.