The typical owner-occupied home in Brunswick is worth about $374,500, 11% below the Maryland median of $419,900 and 13% above the national median of $332,700. Owners pay a median $3,912 a year in property taxes, about 1.04% of their home's value, higher than the Maryland rate of 0.97%. The median household earns $118,025 a year, so the median home costs 3.2 times the median income (4.1 times for Maryland). 86% of occupied homes here are lived in by their owners, and 84% of those owners still have a mortgage.
Brunswick at a glance
| Brunswick | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $374,500 | $419,900 | $332,700 |
| Median property tax paid per year | $3,912 | $4,093 | $3,119 |
| Property tax as a share of value | 1.04% | 0.97% | 0.94% |
| Median household income | $118,025 | $103,678 | $80,734 |
| Homes lived in by their owners | 86% | 68% | 65% |
| Owner homes with a mortgage | 84% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $2,097 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 21.5% | 20.5% | 21.0% |
| Median rent | $1,217 | $1,705 | $1,413 |
| Rent as a share of renters' income | 23.7% | 30.8% | 30.6% |
| Median year homes were built | 1984 | 1979 | 1980 |
| Vacant homes | 4.4% | 7.7% | 10.1% |
| Population | 8,450 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Brunswick
At this week's average 30-year rate of 7.11%, buying the median Brunswick home of $374,500 with 20% down costs about $2,496 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,120, 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 $106,973 for the 20%-down payment. That payment is 25% of the median Brunswick household income of $118,025; at that income and 20% down, the 28% guideline points to a home of about $413,000.
The median rent here is $1,217 a month, so owning the median home costs about $1,279 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $74,900 |
|---|---|
| Loan amount | $299,600 |
| Principal and interest | $2,015 |
| Property taxes (1.04% a year) | $325 |
| Homeowners insurance (our estimate, 0.5% a year) | $156 |
| PMI | $0 |
| Total per month | $2,496 |
Change the numbers in the calculator
| Down payment | $13,108 |
|---|---|
| Loan amount | $367,717 |
| Principal and interest | $2,474 |
| Property taxes (1.04% a year) | $325 |
| Homeowners insurance (our estimate, 0.5% a year) | $156 |
| FHA mortgage insurance | $166 |
| Total per month | $3,120 |
Change the numbers in the calculator
Questions about home buying in Brunswick
What is the median home value in Brunswick?
About $374,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Brunswick?
Homeowners pay a median $3,912 a year, which is about 1.04% 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 Brunswick?
For the median home with 20% down at 7.11%, the payment is about $2,496 a month. Keeping that under 28% of gross income takes about $106,973 a year.
More about Brunswick
- Mortgage Refinance in Brunswick
- Debt Relief in Brunswick
- Home Equity Loans in Brunswick
- 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