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Frederick County

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

Median Home$475,281
Median Rent$1,897/month
Population287,048
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services15% arts, food & hospitality
Home Value Growth⬆⬆+16.0% over 2 years
Young Adults28% of residentsslightly above average
Homeowners77% of occupied units
NotableHigh Incomes$129k/year · top 2% nationally
NotableHighly Educated25% bachelor's · 16% graduate · top 8% nationally
Frederick County
MD

Frequently Asked Questions

What are today's mortgage rates in Frederick County?

As of today, the 30-year fixed mortgage rate for Frederick County is approximately 6.867% (6.891% 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 Frederick County?

The median home value in Frederick County is $475k. The median monthly rent is $1,897. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Frederick County?

Home values in Frederick County have increased 16.0% 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 Frederick County?

Based on a typical all-in ownership cost of $2,091/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $90k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Frederick County is $129k/year.

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What industries drive the economy in Frederick County?

The largest employment sectors in Frederick County are public administration (22%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas