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Fort Washington

Learn about the people, housing, costs and businesses in Fort Washington, Maryland

Median Home$482,879
Median Rent$2,540/month
Population25,142
Leading IndustriesArts, Food & Hospitality · Healthcare · Education15% arts, food & hospitality
Home Value Growth+10.6% over 2 years
Retirees22% of residentsnear the national average
Homeowners90% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableHigh Incomes$144k/year · top 5% nationally
Fort Washington
MD

Explore Fort Washington

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Fort Washington?

As of today, the 30-year fixed mortgage rate for Fort Washington is approximately 6.853% (6.888% 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 Fort Washington?

The median home value in Fort Washington is $483k. The median monthly rent is $2,540. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fort Washington?

Home values in Fort Washington have increased 10.6% 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 Fort Washington?

Based on a typical all-in ownership cost of $2,503/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $107k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fort Washington is $144k/year.

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What industries drive the economy in Fort Washington?

The largest employment sectors in Fort Washington are healthcare (19%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.