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Fallston

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

Median Home$530,033
Median Rent$1,928/month
Population9,737
Leading IndustriesWholesale Trade · Manufacturing · Information & Media12% wholesale trade
Home Value Growth⬆⬆+12.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners91% of occupied units
NotableHigh Incomes$153k/year · top 4% nationally
NotableTransit80/100 · excellent transit access
Fallston
MD

Frequently Asked Questions

What are today's mortgage rates in Fallston?

As of today, the 30-year fixed mortgage rate for Fallston is approximately 6.897% (6.933% 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 Fallston?

The median home value in Fallston is $530k. The median monthly rent is $1,928. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fallston?

Home values in Fallston have increased 12.8% 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 Fallston?

Based on a typical all-in ownership cost of $1,817/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fallston is $153k/year.

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What industries drive the economy in Fallston?

The largest employment sectors in Fallston are public administration (21%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.