Quick facts: Glen burnie, MD

Quick Facts

110.3
Cost of Living
above US average
71,427
Population
Crime rate Data is updating, will be available soon
$86,283
Median Income
above US average
$405,000
Median House Price
above US average
$2293.97
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $86,283.

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Income Needed to Buy

βœ— Stretch
$127k/year
Based on $405,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $127k vs median $86,283
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Income Needed to Rent

⚠ Stretch
$98k/year
Based on $2293.97/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $98k vs median $86,283
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Glen burnie, MD

Glen Burnie is a vibrant suburban community located in Anne Arundel County, Maryland, just south of Baltimore. Known for its convenient access to major highways, including I-97 and I-695, it offers residents a blend of urban and suburban living. Glen Burnie is characterized by its diverse population and a mix of residential, commercial, and recreational spaces. The area boasts several shopping centers, including the popular Marley Station Mall, providing various retail and dining options. Glen Burnie is also home to beautiful parks, such as the picturesque Brooklyn Park and the expansive Southgate Park, which offer outdoor activities and green spaces for residents and visitors alike. Culturally, Glen Burnie features a range of historical sites, including the iconic Glen Burnie House and the nearby BWI Airport for easy travel options. The community enjoys a robust local arts scene, along with events and festivals that celebrate its local heritage. Overall, Glen Burnie combines the conveniences of suburban living with access to the amenities of Baltimore, making it an attractive place for families and professionals seeking a balanced lifestyle.

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