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North East

Learn about the people, housing, costs and businesses in North East, Maryland

Median Home$322,032
Median Rent$1,419/month
Population4,442
Leading IndustriesProfessional Services · Construction · Agriculture & Mining3% professional services
Home Value Growth⬆⬆+18.2% over 2 years
Family-Friendly28% of residentswell above average
Homeowners67% of occupied units
NotableAmenity Score68/100 · highly walkable area
NotableHigh Incomes$93k/year · top 22% nationally
North East
MD

Frequently Asked Questions

What are today's mortgage rates in North East?

As of today, the 30-year fixed mortgage rate for North East is approximately 6.941% (6.979% 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 North East?

The median home value in North East is $322k. The median monthly rent is $1,419. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North East?

Home values in North East have increased 18.2% 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 North East?

Based on a typical all-in ownership cost of $1,659/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North East is $93k/year.

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What industries drive the economy in North East?

The largest employment sectors in North East are public administration (25%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.