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Willards

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

Median Home$217,146
Median Rent$1,113/month
Population954
Leading IndustryRetail20% of local workforce
Home Value Growth⬆⬆+17.4% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners81% of occupied units
NotableTransit90/100 · excellent transit access
NotableHighly Educated31% hold a bachelor's degree · top 7% nationally
Willards
MD

Frequently Asked Questions

What are today's mortgage rates in Willards?

As of today, the 30-year fixed mortgage rate for Willards is approximately 6.838% (6.872% 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 Willards?

The median home value in Willards is $217k. The median monthly rent is $1,113. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Willards?

Home values in Willards have increased 17.4% 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 Willards?

Based on a typical all-in ownership cost of $1,188/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Willards is $75k/year.

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What industries drive the economy in Willards?

The largest employment sectors in Willards are public administration (22%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.