Cost to Own
United StatesMarylandAllegany CountyWesternport Population 1,864 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Westernport, Maryland

A $86,000 home here costs

$894

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $442. The real number is $452 higher every month — 102% more than the payment most buyers budget for.

Westernport median: $85,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $68,800 borrowed $442
Property tax1.328% effective rate for Westernport itself $95
Homeowners insuranceMaryland averages $1,238/yr (NAIC), or 0.3% of home value $22
Electricity21.77¢/kWh — Maryland residential average, EIA $196
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $72
Total monthly $894

Westernport against Allegany County and Maryland

MeasureWesternportAllegany County
Median home value$85,800$149,200
Median property tax$1,139$1,609
Effective tax rate1.328%1.078%
Median gross rent$727$786
Population1,86467,762

The weather behind that power bill

Westernport sits in Allegany County, which averages a high of 87.1°F in its hottest month and a low of 22.5°F in its coldest, with 39.22" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,042 cooling and 5,119 heating degree days, which is what sets the $196 electricity line above.

See the full climate breakdown for Allegany County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Allegany County

Full Allegany County cost breakdown · Every county in Maryland

Common questions

How much does it cost to own a home in Westernport?

A $86,000 home in Westernport, Maryland costs approximately $894 per month with 20% down at 6.66%. That is $442 principal and interest, $95 property tax, $22 homeowners insurance, $264 utilities and $72 set aside for maintenance.

What is the property tax rate in Westernport?

Westernport has an effective property tax rate of 1.328%, based on a median home value of $85,800 and median real estate taxes of $1,139. That is higher than the Allegany County average of 1.078%.

What is the average home price in Westernport?

The median owner-occupied home value in Westernport, Maryland is $85,800, against $149,200 across Allegany County.

Is it cheaper to rent or buy in Westernport?

Median gross rent in Westernport is $727 a month, against $894 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Westernport — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Maryland.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology