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Friendly

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

Median Home$440,454
Median Rent$2,226/month
Population10,193
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services17% healthcare
Home Value Growth+6.8% over 2 years
Retirees23% of residentsslightly above average
Homeowners88% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHigh Incomes$127k/year · top 7% nationally
Friendly
MD

Frequently Asked Questions

What are today's mortgage rates in Friendly?

As of today, the 30-year fixed mortgage rate for Friendly is approximately 6.887% (6.923% 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 Friendly?

The median home value in Friendly is $440k. The median monthly rent is $2,226. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Friendly?

Home values in Friendly have increased 6.8% over the past two years. This represents moderate growth. 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 Friendly?

Based on a typical all-in ownership cost of $2,411/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $103k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Friendly is $127k/year.

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What industries drive the economy in Friendly?

The largest employment sectors in Friendly are public administration (21%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.