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Mount Briar

Learn about the people, housing, costs and businesses in Mount Briar, Maryland

Median Home$403,185
Median Rent$1,346/month
Population172
Leading IndustriesWholesale Trade · Professional Services · Finance & Insurance10% wholesale trade
Home Value Growth⬆⬆+11.9% over 2 years
Young Adults24% of residents
Homeowners87% of occupied units
NotableHigh Incomes$110k/year · top 12% nationally
Mount Briar
MD

Frequently Asked Questions

What are today's mortgage rates in Mount Briar?

As of today, the 30-year fixed mortgage rate for Mount Briar is approximately 6.900% (6.936% 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 Mount Briar?

The median home value in Mount Briar is $403k. The median monthly rent is $1,346. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mount Briar?

Home values in Mount Briar have increased 11.9% 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 Mount Briar?

Based on a typical all-in ownership cost of $1,311/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Briar is $110k/year.

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What industries drive the economy in Mount Briar?

The largest employment sectors in Mount Briar are public administration (21%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.