🏦 Mortgage Calculators Maryland

How Much House Can I Afford in Maryland?

Find out how much house you can afford in Maryland with 1.09% property tax. Uses 28/36 rule with Maryland-specific data.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Maryland Quick Facts

5.8% Income Tax Rate

1.09% Property Tax Rate

$90,203 Median Income

115.4 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Maryland using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Maryland's effective property tax rate of 1.09% and average home insurance of $1,650/year. Median home price in Maryland: $395,000.

Key State Information

Maryland housing market: Median home price $395,000 | Property tax rate 1.09% | Avg home insurance $1,650/yr | Median household income $90,203. Home prices are moderate relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Zillow, Tax Foundation

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Maryland?

With Maryland's median household income of $90,203 and a 10% down payment, you can typically afford a home priced around $315,711-$405,914 depending on debts and interest rates. The median home in Maryland costs $395,000.

What is the property tax rate in Maryland?

Maryland's effective property tax rate is 1.09%. On a $395,000 home, that's approximately $4,306/year or $359/month.