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California, MD

(California-Lexington Park, MD)
Robust economy driven by defense and aerospace industries, high demand for rental properties, proximity to Patuxent River Naval Air Station, and continuous community development initiatives.
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Key Stats

Median Rental Income
$434,100
Median Home Price
Rent to Price Ratio
Affordability

About

California-Lexington Park, Maryland, is a robust market for real estate investors, driven by the defense and aerospace industries. The presence of the Patuxent River Naval Air Station fuels high demand for rental properties and supports a strong local economy. The housing market is dynamic, with continuous community development and new residential projects. The area's strategic location near the Chesapeake Bay and proximity to Washington, D.C., further enhances its appeal. With a well-developed infrastructure, excellent schools, and a high quality of life, California-Lexington Park presents significant investment opportunities in both residential and commercial real estate.

Growth Stats

4.83%
Appreciation
3.31%
YoY Rent Growth
Population Growth Rate

Macro Stats

Population
Unemployment Rate
Median Household Income

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