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Garrett County

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

Median Home$252,956
Median Rent$772/month
Population28,615
Leading IndustriesWholesale Trade · Education · Healthcare11% wholesale trade
Home Value Growth⬆⬆+20.9% over 2 years
Retirees24% of residentsslightly above average
Homeowners80% of occupied units
NotableAmenity Score69/100 · highly walkable area
NotableTransit70/100 · excellent transit access
Garrett County
MD

Frequently Asked Questions

What are today's mortgage rates in Garrett County?

As of today, the 30-year fixed mortgage rate for Garrett County is approximately 6.993% (7.019% 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 Garrett County?

The median home value in Garrett County is $253k. The median monthly rent is $772. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Garrett County?

Home values in Garrett County have increased 20.9% 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 Garrett County?

Based on a typical all-in ownership cost of $864/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Garrett County is $71k/year.

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What industries drive the economy in Garrett County?

The largest employment sectors in Garrett County are public administration (23%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas