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Randallstown

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

Median Home$331,975
Median Rent$1,612/month
Population36,184
Leading IndustriesInformation & Media · Public Administration · Finance & Insurance10% information & media
Home Value Growth⬆⬆+20.9% over 2 years
Retirees21% of residentsnear the national average
Homeowners73% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHigh Incomes$90k/year · top 25% nationally
Randallstown
MD

Frequently Asked Questions

What are today's mortgage rates in Randallstown?

As of today, the 30-year fixed mortgage rate for Randallstown is approximately 6.937% (6.974% 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 Randallstown?

The median home value in Randallstown is $332k. The median monthly rent is $1,612. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Randallstown?

Home values in Randallstown have increased 20.9% 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 Randallstown?

Based on a typical all-in ownership cost of $1,711/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Randallstown is $90k/year.

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What industries drive the economy in Randallstown?

The largest employment sectors in Randallstown are public administration (31%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.