Quick facts: Rosedale, MD

Quick Facts

114.1
Cost of Living
above US average
20,058
Population
24.93
Crime Rate per 1000
above US average
$81,297
Median Income
above US average
$349,000
Median House Price
above US average
$2267.57
Average Rent
above US average
10%
Poverty Rate
below US average
5.2%
Unemployment Rate
above 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 $81,297.

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Income Needed to Buy

βœ— Stretch
$109k/year
Based on $349,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $109k vs median $81,297
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Income Needed to Rent

⚠ Stretch
$97k/year
Based on $2267.57/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $97k vs median $81,297
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Rosedale, MD

Rosedale is a vibrant suburban community located in Baltimore County, Maryland. Situated just northeast of downtown Baltimore, Rosedale offers a blend of residential charm and convenient access to urban amenities. The area is predominantly residential, featuring a mix of single-family homes, townhouses, and apartments, making it appealing to a diverse demographic, including families, young professionals, and retirees. Rosedale boasts various local parks and recreational facilities, promoting outdoor activities and community engagement. Notable parks include the Rosedale Community Center and waterfront areas along the nearby Gunpowder River, ideal for walking, sports, and family gatherings. Shopping options are plentiful, with several local businesses and larger retail centers nearby. The community enjoys easy access to major highways and public transportation, facilitating commutes to Baltimore and surrounding areas. Local schools and educational institutions enhance the appeal for families, with a focus on community and quality education. Overall, Rosedale's location, amenities, and sense of community make it an attractive place to live, combining suburban tranquility with metropolitan access.

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