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Accident

Learn about the people, housing, costs and businesses in Accident, Maryland

Median Home$206,700
Median Rent$675/month
Population342
Leading IndustriesEducation · Manufacturing · Professional Services3% education
Home Value Growth⬆⬆+15.4% over 2 years
Retirees21% of residentsnear the national average
Homeowners82% of occupied units
Accident
MD

Frequently Asked Questions

What are today's mortgage rates in Accident?

As of today, the 30-year fixed mortgage rate for Accident is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Accident?

The median home value in Accident is $207k. The median monthly rent is $675. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Accident?

Home values in Accident have increased 15.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Accident?

Based on a typical all-in ownership cost of $773/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Accident is $59k/year.

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What industries drive the economy in Accident?

The largest employment sectors in Accident are public administration (24%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.