The typical owner-occupied home in Rising Sun is worth about $309,100, 26% below the Maryland median of $419,900 and 7% below the national median of $332,700. Owners pay a median $3,888 a year in property taxes, about 1.26% of their home's value, higher than the Maryland rate of 0.97%. The median household earns $85,563 a year, so the median home costs 3.6 times the median income (4.1 times for Maryland). 58% of occupied homes here are lived in by their owners, and 81% of those owners still have a mortgage.
Rising Sun at a glance
| Rising Sun | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $309,100 | $419,900 | $332,700 |
| Median property tax paid per year | $3,888 | $4,093 | $3,119 |
| Property tax as a share of value | 1.26% | 0.97% | 0.94% |
| Median household income | $85,563 | $103,678 | $80,734 |
| Homes lived in by their owners | 58% | 68% | 65% |
| Owner homes with a mortgage | 81% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $2,102 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 19.8% | 20.5% | 21.0% |
| Median rent | $1,210 | $1,705 | $1,413 |
| Rent as a share of renters' income | 33.3% | 30.8% | 30.6% |
| Median year homes were built | 1988 | 1979 | 1980 |
| Vacant homes | 9.9% | 7.7% | 10.1% |
| Population | 2,764 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Rising Sun
At this week's average 30-year rate of 7.11%, buying the median Rising Sun home of $309,100 with 20% down costs about $2,117 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,632, 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 $90,721 for the 20%-down payment. That payment is 30% of the median Rising Sun household income of $85,563; at that income and 20% down, the 28% guideline points to a home of about $292,000.
The median rent here is $1,210 a month, so owning the median home costs about $907 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $61,820 |
|---|---|
| Loan amount | $247,280 |
| Principal and interest | $1,663 |
| Property taxes (1.26% a year) | $325 |
| Homeowners insurance (our estimate, 0.5% a year) | $129 |
| PMI | $0 |
| Total per month | $2,117 |
Change the numbers in the calculator
| Down payment | $10,818 |
|---|---|
| Loan amount | $303,501 |
| Principal and interest | $2,042 |
| Property taxes (1.26% a year) | $325 |
| Homeowners insurance (our estimate, 0.5% a year) | $129 |
| FHA mortgage insurance | $137 |
| Total per month | $2,632 |
Change the numbers in the calculator
Questions about home buying in Rising Sun
What is the median home value in Rising Sun?
About $309,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rising Sun?
Homeowners pay a median $3,888 a year, which is about 1.26% 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 Rising Sun?
For the median home with 20% down at 7.11%, the payment is about $2,117 a month. Keeping that under 28% of gross income takes about $90,721 a year.
More about Rising Sun
- Mortgage Refinance in Rising Sun
- Debt Relief in Rising Sun
- Home Equity Loans in Rising Sun
- 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