The typical owner-occupied home in Brandywine is worth about $551,000, 31% above the Maryland median of $419,900 and 66% above the national median of $332,700. Owners pay a median $5,689 a year in property taxes, about 1.03% of their home's value, higher than the Maryland rate of 0.97%. The median household earns $157,587 a year, so the median home costs 3.5 times the median income (4.1 times for Maryland). 96% of occupied homes here are lived in by their owners, and 90% of those owners still have a mortgage.
Brandywine at a glance
| Brandywine | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $551,000 | $419,900 | $332,700 |
| Median property tax paid per year | $5,689 | $4,093 | $3,119 |
| Property tax as a share of value | 1.03% | 0.97% | 0.94% |
| Median household income | $157,587 | $103,678 | $80,734 |
| Homes lived in by their owners | 96% | 68% | 65% |
| Owner homes with a mortgage | 90% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $2,825 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 21.7% | 20.5% | 21.0% |
| Median rent | $2,757 | $1,705 | $1,413 |
| Rent as a share of renters' income | 26.6% | 30.8% | 30.6% |
| Median year homes were built | 2011 | 1979 | 1980 |
| Vacant homes | 1.6% | 7.7% | 10.1% |
| Population | 12,160 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Brandywine
At this week's average 30-year rate of 7.11%, buying the median Brandywine home of $551,000 with 20% down costs about $3,668 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,586, 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 $157,192 for the 20%-down payment. That payment is 28% of the median Brandywine household income of $157,587; at that income and 20% down, the 28% guideline points to a home of about $552,000.
The median rent here is $2,757 a month, so owning the median home costs about $911 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $110,200 |
|---|---|
| Loan amount | $440,800 |
| Principal and interest | $2,965 |
| Property taxes (1.03% a year) | $473 |
| Homeowners insurance (our estimate, 0.5% a year) | $230 |
| PMI | $0 |
| Total per month | $3,668 |
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| Down payment | $19,285 |
|---|---|
| Loan amount | $541,020 |
| Principal and interest | $3,639 |
| Property taxes (1.03% a year) | $473 |
| Homeowners insurance (our estimate, 0.5% a year) | $230 |
| FHA mortgage insurance | $244 |
| Total per month | $4,586 |
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Questions about home buying in Brandywine
What is the median home value in Brandywine?
About $551,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Brandywine?
Homeowners pay a median $5,689 a year, which is about 1.03% 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 Brandywine?
For the median home with 20% down at 7.11%, the payment is about $3,668 a month. Keeping that under 28% of gross income takes about $157,192 a year.
More about Brandywine
- Mortgage Refinance in Brandywine
- Debt Relief in Brandywine
- Home Equity Loans in Brandywine
- 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