Quick facts: Fishing creek, MD

Quick Facts

114.1
Cost of Living
above US average
235
Population
85.11
Crime Rate per 1000
above US average
$76,250
Median Income
below US average
$300,000
Median House Price
above US average
$1928
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.5%
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 $76,250.

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Income Needed to Buy

βœ— Stretch
$94k/year
Based on $300,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $94k vs median $76,250
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Income Needed to Rent

⚠ Stretch
$83k/year
Based on $1928/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $83k vs median $76,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fishing creek, MD

Fishing Creek is a small, charming community located in Dorchester County, Maryland. Nestled along the shores of the Chesapeake Bay, the area is known for its scenic beauty and tranquil environment. It is largely rural, characterized by picturesque landscapes, waterfront views, and a strong sense of community. Fishing Creek offers easily accessible outdoor activities, including fishing, crabbing, and boating, making it ideal for those who appreciate nature. The nearby Blackwater National Wildlife Refuge provides opportunities for birdwatching and hiking, showcasing Maryland’s diverse wildlife and natural habitats. The local economy is primarily supported by agriculture, fishing, and tourism, with a quaint, laid-back lifestyle attracting visitors seeking a getaway from the hustle and bustle of city living. Some historic buildings and sites reflect the area’s maritime heritage, while local eateries often feature fresh seafood, celebrating the bounty of the Chesapeake Bay. Overall, Fishing Creek is perfect for those desiring a peaceful retreat with rich natural landscapes and a welcoming community atmosphere.

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