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Glassmanor

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

Median Home$342,837
Median Rent$1,568/month
Population16,306
Leading IndustriesHealthcare · Wholesale Trade · Education18% healthcare
Home Value Growth+8.7% over 2 years
Young Adults31% of residentsabove average nationally
Renters64% of occupied units
Glassmanor
MD

Frequently Asked Questions

What are today's mortgage rates in Glassmanor?

As of today, the 30-year fixed mortgage rate for Glassmanor is approximately 6.944% (6.982% 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 Glassmanor?

The median home value in Glassmanor is $343k. The median monthly rent is $1,568. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glassmanor?

Home values in Glassmanor have increased 8.7% 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 Glassmanor?

Based on a typical all-in ownership cost of $1,628/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glassmanor is $70k/year.

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What industries drive the economy in Glassmanor?

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