The typical owner-occupied home in Braddock Heights is worth about $537,700, 28% above the Maryland median of $419,900 and 62% above the national median of $332,700. Owners pay a median $4,523 a year in property taxes, about 0.84% of their home's value, lower than the Maryland rate of 0.97%. The median household earns $124,000 a year, so the median home costs 4.3 times the median income (4.1 times for Maryland). 90% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Braddock Heights at a glance
| Braddock Heights | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $537,700 | $419,900 | $332,700 |
| Median property tax paid per year | $4,523 | $4,093 | $3,119 |
| Property tax as a share of value | 0.84% | 0.97% | 0.94% |
| Median household income | $124,000 | $103,678 | $80,734 |
| Homes lived in by their owners | 90% | 68% | 65% |
| Owner homes with a mortgage | 72% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $2,674 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 18.6% | 20.5% | 21.0% |
| Median rent | – | $1,705 | $1,413 |
| Rent as a share of renters' income | 20.3% | 30.8% | 30.6% |
| Median year homes were built | 1975 | 1979 | 1980 |
| Vacant homes | 5.0% | 7.7% | 10.1% |
| Population | 2,892 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Braddock Heights
At this week's average 30-year rate of 7.11%, buying the median Braddock Heights home of $537,700 with 20% down costs about $3,494 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,390, 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 $149,749 for the 20%-down payment. That payment is 34% of the median Braddock Heights household income of $124,000; at that income and 20% down, the 28% guideline points to a home of about $445,000.
| Down payment | $107,540 |
|---|---|
| Loan amount | $430,160 |
| Principal and interest | $2,894 |
| Property taxes (0.84% a year) | $376 |
| Homeowners insurance (our estimate, 0.5% a year) | $224 |
| PMI | $0 |
| Total per month | $3,494 |
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| Down payment | $18,820 |
|---|---|
| Loan amount | $527,961 |
| Principal and interest | $3,552 |
| Property taxes (0.84% a year) | $376 |
| Homeowners insurance (our estimate, 0.5% a year) | $224 |
| FHA mortgage insurance | $238 |
| Total per month | $4,390 |
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Questions about home buying in Braddock Heights
What is the median home value in Braddock Heights?
About $537,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Braddock Heights?
Homeowners pay a median $4,523 a year, which is about 0.84% 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 Braddock Heights?
For the median home with 20% down at 7.11%, the payment is about $3,494 a month. Keeping that under 28% of gross income takes about $149,749 a year.
More about Braddock Heights
- Mortgage Refinance in Braddock Heights
- Debt Relief in Braddock Heights
- Home Equity Loans in Braddock Heights
- 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