Quick facts: Denton, MD

Quick Facts

114.1
Cost of Living
above US average
4,924
Population
32.9
Crime Rate per 1000
above US average
$59,155
Median Income
below US average
$379,900
Median House Price
above US average
$2109.0
Average Rent
above US average
5%
Poverty Rate
below US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $59,155.

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Income Needed to Buy

βœ— Stretch
$119k/year
Based on $379,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $119k vs median $59,155
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Income Needed to Rent

⚠ Stretch
$90k/year
Based on $2109.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $90k vs median $59,155
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Denton, MD

Denton is a quaint town located in Caroline County, Maryland. It serves as the county seat and has a rich history reflected in its well-preserved architecture and local landmarks. Known for its charming small-town atmosphere, Denton is home to a mix of residential and commercial areas, as well as numerous parks and recreational spaces. The town features several historical sites, including the Caroline County Courthouse and the Denton Historic District, which showcases beautifully restored 19th-century buildings. Denton's local economy is supported by agriculture, small businesses, and tourism, with visitors often drawn to its picturesque landscapes and community events. Outdoor enthusiasts find plenty to enjoy in the surrounding area, from fishing and boating on the nearby Choptank River to hiking and biking on local trails. The town also hosts various festivals and events throughout the year, contributing to its tight-knit community spirit. Overall, Denton offers a peaceful, family-friendly environment with a focus on preserving its history while catering to the needs of modern residents. Its close proximity to larger cities provides additional amenities and opportunities for residents.

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