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Buying a home in Burkittsville, Maryland

The typical owner-occupied home in Burkittsville is worth about $569,400, 36% above the Maryland median of $419,900 and 71% above the national median of $332,700. Owners pay a median $3,800 a year in property taxes, about 0.67% of their home's value, lower than the Maryland rate of 0.97%. The median household earns $93,250 a year, so the median home costs 6.1 times the median income (4.1 times for Maryland). 71% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.

Burkittsville at a glance

Burkittsville Maryland U.S.
Median home value $569,400 $419,900 $332,700
Median property tax paid per year $3,800 $4,093 $3,119
Property tax as a share of value 0.67% 0.97% 0.94%
Median household income $93,250 $103,678 $80,734
Homes lived in by their owners 71% 68% 65%
Owner homes with a mortgage 65% 71% 61%
Median monthly costs, owners with a mortgage $2,333 $2,347 $1,963
Those costs as a share of the owners' income 19.6% 20.5% 21.0%
Median rent $1,021 $1,705 $1,413
Rent as a share of renters' income 18.8% 30.8% 30.6%
Median year homes were built 1938 1979 1980
Vacant homes 8.5% 7.7% 10.1%
Population 135 6,206,011 334,922,499

What a typical home costs per month in Burkittsville

At this week's average 30-year rate of 7.11%, buying the median Burkittsville home of $569,400 with 20% down costs about $3,619 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,568, 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 $155,121 for the 20%-down payment. That payment is 47% of the median Burkittsville household income of $93,250; at that income and 20% down, the 28% guideline points to a home of about $342,000.

The median rent here is $1,021 a month, so owning the median home costs about $2,598 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$113,880
Loan amount$455,520
Principal and interest$3,064
Property taxes (0.67% a year)$318
Homeowners insurance (our estimate, 0.5% a year)$237
PMI$0
Total per month$3,619

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3.5% down, 30-year FHA loan
Down payment$19,929
Loan amount$559,087
Principal and interest$3,761
Property taxes (0.67% a year)$318
Homeowners insurance (our estimate, 0.5% a year)$237
FHA mortgage insurance$252
Total per month$4,568

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Questions about home buying in Burkittsville

What is the median home value in Burkittsville?

About $569,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Burkittsville?

Homeowners pay a median $3,800 a year, which is about 0.67% 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 Burkittsville?

For the median home with 20% down at 7.11%, the payment is about $3,619 a month. Keeping that under 28% of gross income takes about $155,121 a year.

More about Burkittsville

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