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Highfield-Cascade

Learn about the people, housing, costs and businesses in Highfield-Cascade, Maryland

Median Home$207,195
Median Rent$1,475/month
Population1,097
Leading IndustriesTransportation · Wholesale Trade · Professional Services7% transportation
Home Value Growth⬆⬆⬆+24.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners88% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Highfield-Cascade
MD

Explore Highfield-Cascade

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Highfield-Cascade?

As of today, the 30-year fixed mortgage rate for Highfield-Cascade is approximately 6.969% (7.008% 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 Highfield-Cascade?

The median home value in Highfield-Cascade is $207k. The median monthly rent is $1,475. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Highfield-Cascade?

Home values in Highfield-Cascade have increased 24.3% 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 Highfield-Cascade?

Based on a typical all-in ownership cost of $1,139/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Highfield-Cascade is $67k/year.

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What industries drive the economy in Highfield-Cascade?

The largest employment sectors in Highfield-Cascade are public administration (21%) and wholesale trade (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.