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Pleasant Grove

Learn about the people, housing, costs and businesses in Pleasant Grove, Maryland

Median Home$180,465
Median Rent$683/month
Population326
Leading IndustryEducation3% of local workforce
Home Value Growth⬇⬇-14.6% over 2 years
Retirees21% of residentsnear the national average
Homeowners88% of occupied units
NotableTransit91/100 · excellent transit access
Pleasant Grove
MD

Frequently Asked Questions

What are today's mortgage rates in Pleasant Grove?

As of today, the 30-year fixed mortgage rate for Pleasant Grove is approximately 6.885% (6.921% 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 Pleasant Grove?

The median home value in Pleasant Grove is $180k. The median monthly rent is $683. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pleasant Grove?

Home values in Pleasant Grove have decreased 14.6% over the past two years. Buyers may find more negotiating room in this market. 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 Pleasant Grove?

Based on a typical all-in ownership cost of $902/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pleasant Grove is $66k/year.

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What industries drive the economy in Pleasant Grove?

The largest employment sectors in Pleasant Grove are public administration (25%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.