The typical owner-occupied home in Accident is worth about $220,300, 48% below the Maryland median of $419,900 and 34% below the national median of $332,700. Owners pay a median $2,481 a year in property taxes, about 1.13% of their home's value, higher than the Maryland rate of 0.97%. The median household earns $58,929 a year, so the median home costs 3.7 times the median income (4.1 times for Maryland). 52% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Accident at a glance
| Accident | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $220,300 | $419,900 | $332,700 |
| Median property tax paid per year | $2,481 | $4,093 | $3,119 |
| Property tax as a share of value | 1.13% | 0.97% | 0.94% |
| Median household income | $58,929 | $103,678 | $80,734 |
| Homes lived in by their owners | 52% | 68% | 65% |
| Owner homes with a mortgage | 56% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $1,304 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 15.0% | 20.5% | 21.0% |
| Median rent | – | $1,705 | $1,413 |
| Rent as a share of renters' income | 26.4% | 30.8% | 30.6% |
| Median year homes were built | 1981 | 1979 | 1980 |
| Vacant homes | 8.0% | 7.7% | 10.1% |
| Population | 351 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Accident
At this week's average 30-year rate of 7.11%, buying the median Accident home of $220,300 with 20% down costs about $1,485 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,852, 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 $63,635 for the 20%-down payment. That payment is 30% of the median Accident household income of $58,929; at that income and 20% down, the 28% guideline points to a home of about $204,000.
| Down payment | $44,060 |
|---|---|
| Loan amount | $176,240 |
| Principal and interest | $1,186 |
| Property taxes (1.13% a year) | $207 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| PMI | $0 |
| Total per month | $1,485 |
Change the numbers in the calculator
| Down payment | $7,710 |
|---|---|
| Loan amount | $216,310 |
| Principal and interest | $1,455 |
| Property taxes (1.13% a year) | $207 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| FHA mortgage insurance | $97 |
| Total per month | $1,852 |
Change the numbers in the calculator
Questions about home buying in Accident
What is the median home value in Accident?
About $220,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Accident?
Homeowners pay a median $2,481 a year, which is about 1.13% 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 Accident?
For the median home with 20% down at 7.11%, the payment is about $1,485 a month. Keeping that under 28% of gross income takes about $63,635 a year.
More about Accident
- Mortgage Refinance in Accident
- Debt Relief in Accident
- Home Equity Loans in Accident
- 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