Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

McLean

Learn about the people, housing, costs and businesses in McLean, Virginia

Median Home$1,400,306
Median Rent$2,989/month
Population49,628
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services29% healthcare
Home Value Growth+10.4% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners83% of occupied units
NotableHigh Incomes$233k/year · top 1% nationally
NotableHighly Educated27% bachelor's · 26% graduate · top 14% nationally
McLean
VA

Frequently Asked Questions

What are today's mortgage rates in McLean?

As of today, the 30-year fixed mortgage rate for McLean is approximately 6.796% (6.829% 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 McLean
What is the median home price in McLean?

The median home value in McLean is $1.4M. The median monthly rent is $2,989. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McLean?

Home values in McLean have increased 10.4% 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 McLean?

Based on a typical all-in ownership cost of $3,688/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $158k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McLean is $233k/year.

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

The largest employment sectors in McLean are healthcare (29%) and arts, food, and hospitality (26%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.