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Glen Echo

Learn about the people, housing, costs and businesses in Glen Echo, Maryland

Median Home$1,318,400
Median Rent$2,963/month
Population263
Leading IndustriesPublic Administration · Information & Media36% public administration
Home Value Growth+5.5% over 2 years
Family-Friendly29% of residentswell above average
Homeowners86% of occupied units
NotableHigh Incomes$247k/year · top 1% nationally
Glen Echo
MD

Frequently Asked Questions

What are today's mortgage rates in Glen Echo?

As of today, the 30-year fixed mortgage rate for Glen Echo is approximately 6.888% (6.930% 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 Glen Echo?

The median home value in Glen Echo is $1.3M. The median monthly rent is $2,963. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glen Echo?

Home values in Glen Echo have increased 5.5% 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 Glen Echo?

Based on a typical all-in ownership cost of $3,448/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $148k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glen Echo is $247k/year.

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What industries drive the economy in Glen Echo?

The largest employment sectors in Glen Echo are public administration (36%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.