The typical owner-occupied home in Gambrills is worth about $584,800, 39% above the Maryland median of $419,900 and 76% above the national median of $332,700. Owners pay a median $4,741 a year in property taxes, about 0.81% of their home's value, lower than the Maryland rate of 0.97%. The median household earns $148,594 a year, so the median home costs 3.9 times the median income (4.1 times for Maryland). 92% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Gambrills at a glance
| Gambrills | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $584,800 | $419,900 | $332,700 |
| Median property tax paid per year | $4,741 | $4,093 | $3,119 |
| Property tax as a share of value | 0.81% | 0.97% | 0.94% |
| Median household income | $148,594 | $103,678 | $80,734 |
| Homes lived in by their owners | 92% | 68% | 65% |
| Owner homes with a mortgage | 65% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $3,243 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 19.9% | 20.5% | 21.0% |
| Median rent | $2,076 | $1,705 | $1,413 |
| Rent as a share of renters' income | 49.5% | 30.8% | 30.6% |
| Median year homes were built | 1986 | 1979 | 1980 |
| Vacant homes | 3.2% | 7.7% | 10.1% |
| Population | 2,830 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Gambrills
At this week's average 30-year rate of 7.11%, buying the median Gambrills home of $584,800 with 20% down costs about $3,786 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,760, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $162,240 for the 20%-down payment. That payment is 31% of the median Gambrills household income of $148,594; at that income and 20% down, the 28% guideline points to a home of about $536,000.
The median rent here is $2,076 a month, so owning the median home costs about $1,710 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $116,960 |
|---|---|
| Loan amount | $467,840 |
| Principal and interest | $3,147 |
| Property taxes (0.81% a year) | $395 |
| Homeowners insurance (our estimate, 0.5% a year) | $244 |
| PMI | $0 |
| Total per month | $3,786 |
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| Down payment | $20,468 |
|---|---|
| Loan amount | $574,208 |
| Principal and interest | $3,863 |
| Property taxes (0.81% a year) | $395 |
| Homeowners insurance (our estimate, 0.5% a year) | $244 |
| FHA mortgage insurance | $259 |
| Total per month | $4,760 |
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Questions about home buying in Gambrills
What is the median home value in Gambrills?
About $584,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Gambrills?
Homeowners pay a median $4,741 a year, which is about 0.81% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Gambrills?
For the median home with 20% down at 7.11%, the payment is about $3,786 a month. Keeping that under 28% of gross income takes about $162,240 a year.
More about Gambrills
- Mortgage Refinance in Gambrills
- Debt Relief in Gambrills
- Home Equity Loans in Gambrills
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data