Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Mitchellville

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

Median Home$489,345
Median Rent$2,262/month
Population10,991
Leading IndustriesArts, Food & Hospitality · Healthcare · Information & Media16% arts, food & hospitality
Home Value Growth+9.2% over 2 years
Retirees21% of residentsnear the national average
Homeowners90% of occupied units
NotableHigh Incomes$158k/year · top 3% nationally
NotableHighly Educated25% bachelor's · 19% graduate · top 18% nationally
Mitchellville
MD

Frequently Asked Questions

What are today's mortgage rates in Mitchellville?

As of today, the 30-year fixed mortgage rate for Mitchellville is approximately 6.853% (6.888% 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 Mitchellville
What is the median home price in Mitchellville?

The median home value in Mitchellville is $489k. The median monthly rent is $2,262. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mitchellville?

Home values in Mitchellville have increased 9.2% over the past two years. This represents moderate growth. 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 Mitchellville?

Based on a typical all-in ownership cost of $2,676/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $115k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mitchellville is $158k/year.

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

The largest employment sectors in Mitchellville are public administration (28%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.