The typical owner-occupied home in Maugansville is worth about $321,800, 23% below the Maryland median of $419,900 and 3% below the national median of $332,700. Owners pay a median $2,473 a year in property taxes, about 0.77% of their home's value, lower than the Maryland rate of 0.97%. The median household earns $79,019 a year, so the median home costs 4.1 times the median income (4.1 times for Maryland). 73% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.
Maugansville at a glance
| Maugansville | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $321,800 | $419,900 | $332,700 |
| Median property tax paid per year | $2,473 | $4,093 | $3,119 |
| Property tax as a share of value | 0.77% | 0.97% | 0.94% |
| Median household income | $79,019 | $103,678 | $80,734 |
| Homes lived in by their owners | 73% | 68% | 65% |
| Owner homes with a mortgage | 61% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $1,705 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 21.9% | 20.5% | 21.0% |
| Median rent | $1,064 | $1,705 | $1,413 |
| Rent as a share of renters' income | 23.8% | 30.8% | 30.6% |
| Median year homes were built | 1985 | 1979 | 1980 |
| Vacant homes | 1.2% | 7.7% | 10.1% |
| Population | 3,624 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Maugansville
At this week's average 30-year rate of 7.11%, buying the median Maugansville home of $321,800 with 20% down costs about $2,072 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,608, 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 $88,817 for the 20%-down payment. That payment is 31% of the median Maugansville household income of $79,019; at that income and 20% down, the 28% guideline points to a home of about $286,000.
The median rent here is $1,064 a month, so owning the median home costs about $1,008 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $64,360 |
|---|---|
| Loan amount | $257,440 |
| Principal and interest | $1,732 |
| Property taxes (0.77% a year) | $206 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| PMI | $0 |
| Total per month | $2,072 |
Change the numbers in the calculator
| Down payment | $11,263 |
|---|---|
| Loan amount | $315,971 |
| Principal and interest | $2,126 |
| Property taxes (0.77% a year) | $206 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| FHA mortgage insurance | $142 |
| Total per month | $2,608 |
Change the numbers in the calculator
Questions about home buying in Maugansville
What is the median home value in Maugansville?
About $321,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Maugansville?
Homeowners pay a median $2,473 a year, which is about 0.77% 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 Maugansville?
For the median home with 20% down at 7.11%, the payment is about $2,072 a month. Keeping that under 28% of gross income takes about $88,817 a year.
More about Maugansville
- Mortgage Refinance in Maugansville
- Debt Relief in Maugansville
- Home Equity Loans in Maugansville
- 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