Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Jessup

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

Median Home$494,087
Median Rent$2,183/month
Population11,039
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare4% education
Home Value Growth⬆⬆+18.5% over 2 years
Young Adults35% of residentswell above average
Homeowners59% of occupied units
NotableHigh Incomes$131k/year · top 6% nationally
NotableAmenity Score70/100 · highly walkable area
Jessup
MD

Frequently Asked Questions

What are today's mortgage rates in Jessup?

As of today, the 30-year fixed mortgage rate for Jessup is approximately 6.837% (6.871% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Jessup
What is the median home price in Jessup?

The median home value in Jessup is $494k. The median monthly rent is $2,183. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Jessup?

Home values in Jessup have increased 18.5% 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 Jessup?

Based on a typical all-in ownership cost of $2,227/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $95k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jessup is $131k/year.

Calculate your buying power
What industries drive the economy in Jessup?

The largest employment sectors in Jessup are public administration (27%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.