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Perry Hall

Learn about the people, housing, costs and businesses in Perry Hall, Maryland

Median Home$340,976
Median Rent$1,846/month
Population29,053
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation16% healthcare
Home Value Growth+7.5% over 2 years
Young Adults28% of residentsnear the national average
Homeowners78% of occupied units
NotableHigh Incomes$110k/year · top 12% nationally
NotableHighly Educated24% bachelor's · 14% graduate · top 21% nationally
Perry Hall
MD

Frequently Asked Questions

What are today's mortgage rates in Perry Hall?

As of today, the 30-year fixed mortgage rate for Perry Hall is approximately 6.908% (6.944% 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 Perry Hall?

The median home value in Perry Hall is $341k. The median monthly rent is $1,846. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Perry Hall?

Home values in Perry Hall have increased 7.5% 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 Perry Hall?

Based on a typical all-in ownership cost of $1,619/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Perry Hall is $110k/year.

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What industries drive the economy in Perry Hall?

The largest employment sectors in Perry Hall are public administration (24%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.