The typical owner-occupied home in Glen Echo is worth about $1,163,500, 2.8 times the Maryland median of $419,900 and 3.5 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 0.86% of their home's value, lower than the Maryland rate of 0.97%. The median household earns $213,750 a year, so the median home costs 5.4 times the median income (4.1 times for Maryland). 99% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Glen Echo at a glance
| Glen Echo | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $1,163,500 | $419,900 | $332,700 |
| Median property tax paid per year | $10,001 | $4,093 | $3,119 |
| Property tax as a share of value | 0.86% | 0.97% | 0.94% |
| Median household income | $213,750 | $103,678 | $80,734 |
| Homes lived in by their owners | 99% | 68% | 65% |
| Owner homes with a mortgage | 60% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 20.5% | 21.0% |
| Median rent | – | $1,705 | $1,413 |
| Median year homes were built | 1938 | 1979 | 1980 |
| Vacant homes | 5.7% | 7.7% | 10.1% |
| Population | 276 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Glen Echo
At this week's average 30-year rate of 7.11%, buying the median Glen Echo home of $1,163,500 with 20% down costs about $7,580 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $9,706, 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 $324,865 for the 20%-down payment. That payment is 43% of the median Glen Echo household income of $213,750; at that income and 20% down, the 28% guideline points to a home of about $766,000.
| Down payment | $232,700 |
|---|---|
| Loan amount | $930,800 |
| Principal and interest | $6,262 |
| Property taxes (0.86% a year) | $834 |
| Homeowners insurance (our estimate, 0.5% a year) | $485 |
| PMI | $0 |
| Total per month | $7,580 |
Change the numbers in the calculator
| Down payment | $40,722 |
|---|---|
| Loan amount | $1,142,426 |
| Principal and interest | $7,685 |
| Property taxes (0.86% a year) | $834 |
| Homeowners insurance (our estimate, 0.5% a year) | $485 |
| FHA mortgage insurance | $702 |
| Total per month | $9,706 |
Change the numbers in the calculator
Questions about home buying in Glen Echo
What is the median home value in Glen Echo?
About $1,163,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Glen Echo?
Homeowners pay a median $10,001 a year, which is about 0.86% 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 Glen Echo?
For the median home with 20% down at 7.11%, the payment is about $7,580 a month. Keeping that under 28% of gross income takes about $324,865 a year.
More about Glen Echo
- Mortgage Refinance in Glen Echo
- Debt Relief in Glen Echo
- Home Equity Loans in Glen Echo
- 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