The typical owner-occupied home in Fruitland is worth about $227,200, 46% below the Maryland median of $419,900 and 32% below the national median of $332,700. Owners pay a median $2,716 a year in property taxes, about 1.20% of their home's value, higher than the Maryland rate of 0.97%. The median household earns $64,004 a year, so the median home costs 3.5 times the median income (4.1 times for Maryland). 68% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Fruitland at a glance
| Fruitland | Maryland | U.S. | |
|---|---|---|---|
| Median home value | $227,200 | $419,900 | $332,700 |
| Median property tax paid per year | $2,716 | $4,093 | $3,119 |
| Property tax as a share of value | 1.20% | 0.97% | 0.94% |
| Median household income | $64,004 | $103,678 | $80,734 |
| Homes lived in by their owners | 68% | 68% | 65% |
| Owner homes with a mortgage | 63% | 71% | 61% |
| Median monthly costs, owners with a mortgage | $1,677 | $2,347 | $1,963 |
| Those costs as a share of the owners' income | 24.5% | 20.5% | 21.0% |
| Median rent | $1,586 | $1,705 | $1,413 |
| Rent as a share of renters' income | 49.4% | 30.8% | 30.6% |
| Median year homes were built | 1989 | 1979 | 1980 |
| Vacant homes | 6.3% | 7.7% | 10.1% |
| Population | 5,801 | 6,206,011 | 334,922,499 |
What a typical home costs per month in Fruitland
At this week's average 30-year rate of 7.11%, buying the median Fruitland home of $227,200 with 20% down costs about $1,545 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,923, 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 $66,196 for the 20%-down payment. That payment is 29% of the median Fruitland household income of $64,004; at that income and 20% down, the 28% guideline points to a home of about $220,000.
The median rent here is $1,586 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $45,440 |
|---|---|
| Loan amount | $181,760 |
| Principal and interest | $1,223 |
| Property taxes (1.20% a year) | $227 |
| Homeowners insurance (our estimate, 0.5% a year) | $95 |
| PMI | $0 |
| Total per month | $1,545 |
Change the numbers in the calculator
| Down payment | $7,952 |
|---|---|
| Loan amount | $223,085 |
| Principal and interest | $1,501 |
| Property taxes (1.20% a year) | $227 |
| Homeowners insurance (our estimate, 0.5% a year) | $95 |
| FHA mortgage insurance | $100 |
| Total per month | $1,923 |
Change the numbers in the calculator
Questions about home buying in Fruitland
What is the median home value in Fruitland?
About $227,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Fruitland?
Homeowners pay a median $2,716 a year, which is about 1.20% 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 Fruitland?
For the median home with 20% down at 7.11%, the payment is about $1,545 a month. Keeping that under 28% of gross income takes about $66,196 a year.
More about Fruitland
- Mortgage Refinance in Fruitland
- Debt Relief in Fruitland
- Home Equity Loans in Fruitland
- 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