The typical owner-occupied home in Emmitsburg is worth about $324,300, 23% below the Maryland median of $419,900 and 3% below the national median of $332,700. Owners pay a median $3,520 a year in property taxes, about 1.09% of their home's value, higher than the Maryland rate of 0.97%. The median household earns $81,250 a year, so the median home costs 4.0 times the median income (4.1 times for Maryland). 72% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Emmitsburg at a glance
| Emmitsburg | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $324,300 | $419,900 | $332,700 |
| Median property tax paid per year | $3,520 | $4,093 | $3,119 |
| Property tax as a share of value | 1.09% | 0.97% | 0.94% |
| Median household income | $81,250 | $103,678 | $80,734 |
| Homes lived in by their owners | 72% | 68% | 65% |
| Owner homes with a mortgage | 72% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $1,742 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 18.2% | 20.5% | 21.0% |
| Median rent | $635 | $1,705 | $1,413 |
| Rent as a share of renters' income | 31.2% | 30.8% | 30.6% |
| Median year homes were built | 1986 | 1979 | 1980 |
| Vacant homes | 2.7% | 7.7% | 10.1% |
| Population | 2,845 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Emmitsburg
At this week's average 30-year rate of 7.11%, buying the median Emmitsburg home of $324,300 with 20% down costs about $2,175 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,715, 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 $93,213 for the 20%-down payment. That payment is 32% of the median Emmitsburg household income of $81,250; at that income and 20% down, the 28% guideline points to a home of about $283,000.
The median rent here is $635 a month, so owning the median home costs about $1,540 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $64,860 |
|---|---|
| Loan amount | $259,440 |
| Principal and interest | $1,745 |
| Property taxes (1.09% a year) | $295 |
| Homeowners insurance (our estimate, 0.5% a year) | $135 |
| PMI | $0 |
| Total per month | $2,175 |
Change the numbers in the calculator
| Down payment | $11,350 |
|---|---|
| Loan amount | $318,426 |
| Principal and interest | $2,142 |
| Property taxes (1.09% a year) | $295 |
| Homeowners insurance (our estimate, 0.5% a year) | $135 |
| FHA mortgage insurance | $143 |
| Total per month | $2,715 |
Change the numbers in the calculator
Questions about home buying in Emmitsburg
What is the median home value in Emmitsburg?
About $324,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Emmitsburg?
Homeowners pay a median $3,520 a year, which is about 1.09% 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 Emmitsburg?
For the median home with 20% down at 7.11%, the payment is about $2,175 a month. Keeping that under 28% of gross income takes about $93,213 a year.
More about Emmitsburg
- Mortgage Refinance in Emmitsburg
- Debt Relief in Emmitsburg
- Home Equity Loans in Emmitsburg
- 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