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Joppatowne

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

Median Home$330,446
Median Rent$1,659/month
Population13,497
Leading IndustriesArts, Food & Hospitality · Education · Healthcare11% arts, food & hospitality
Home Value Growth⬆⬆+17.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners80% of occupied units
NotableHigh Incomes$112k/year · top 11% nationally
Joppatowne
MD

Frequently Asked Questions

What are today's mortgage rates in Joppatowne?

As of today, the 30-year fixed mortgage rate for Joppatowne is approximately 6.922% (6.959% 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 Joppatowne?

The median home value in Joppatowne is $330k. The median monthly rent is $1,659. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Joppatowne?

Home values in Joppatowne have increased 17.3% 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 Joppatowne?

Based on a typical all-in ownership cost of $1,553/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Joppatowne is $112k/year.

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What industries drive the economy in Joppatowne?

The largest employment sectors in Joppatowne are public administration (22%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.