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Marydel

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

Median Home$193,900
Median Rent$1,560/month
Population154
Leading IndustriesPublic Administration · Retail30% public administration
Home Value Growth⬆⬆⬆+21.1% over 2 years
Young Adults57% of residentstop 1% nationally
Homeowners87% of occupied units
NotableHighly Educated25% bachelor's · 13% graduate · top 18% nationally
Marydel
MD

Frequently Asked Questions

What are today's mortgage rates in Marydel?

As of today, the 30-year fixed mortgage rate for Marydel is approximately 6.997% (7.037% 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 Marydel?

The median home value in Marydel is $194k. The median monthly rent is $1,560. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marydel?

Home values in Marydel have increased 21.1% 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 Marydel?

Based on a typical all-in ownership cost of $994/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marydel is $59k/year.

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What industries drive the economy in Marydel?

The largest employment sectors in Marydel are public administration (30%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.