The typical owner-occupied home in Saint James is worth about $409,000, 3% below the Maryland median of $419,900 and 23% above the national median of $332,700. Owners pay a median $2,787 a year in property taxes, about 0.68% of their home's value, lower than the Maryland rate of 0.97%. The median household earns $97,361 a year, so the median home costs 4.2 times the median income (4.1 times for Maryland). 80% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Saint James at a glance
| Saint James | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $409,000 | $419,900 | $332,700 |
| Median property tax paid per year | $2,787 | $4,093 | $3,119 |
| Property tax as a share of value | 0.68% | 0.97% | 0.94% |
| Median household income | $97,361 | $103,678 | $80,734 |
| Homes lived in by their owners | 80% | 68% | 65% |
| Owner homes with a mortgage | 65% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $2,233 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 20.7% | 20.5% | 21.0% |
| Median rent | $1,289 | $1,705 | $1,413 |
| Rent as a share of renters' income | 24.2% | 30.8% | 30.6% |
| Median year homes were built | 2000 | 1979 | 1980 |
| Vacant homes | 3.0% | 7.7% | 10.1% |
| Population | 4,824 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Saint James
At this week's average 30-year rate of 7.11%, buying the median Saint James home of $409,000 with 20% down costs about $2,603 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,285, 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 $111,569 for the 20%-down payment. That payment is 32% of the median Saint James household income of $97,361; at that income and 20% down, the 28% guideline points to a home of about $357,000.
The median rent here is $1,289 a month, so owning the median home costs about $1,314 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $81,800 |
|---|---|
| Loan amount | $327,200 |
| Principal and interest | $2,201 |
| Property taxes (0.68% a year) | $232 |
| Homeowners insurance (our estimate, 0.5% a year) | $170 |
| PMI | $0 |
| Total per month | $2,603 |
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| Down payment | $14,315 |
|---|---|
| Loan amount | $401,592 |
| Principal and interest | $2,702 |
| Property taxes (0.68% a year) | $232 |
| Homeowners insurance (our estimate, 0.5% a year) | $170 |
| FHA mortgage insurance | $181 |
| Total per month | $3,285 |
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Questions about home buying in Saint James
What is the median home value in Saint James?
About $409,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint James?
Homeowners pay a median $2,787 a year, which is about 0.68% 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 Saint James?
For the median home with 20% down at 7.11%, the payment is about $2,603 a month. Keeping that under 28% of gross income takes about $111,569 a year.
More about Saint James
- Mortgage Refinance in Saint James
- Debt Relief in Saint James
- Home Equity Loans in Saint James
- 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