The typical owner-occupied home in Beaverton is worth about $73,300, 65% below the Alabama median of $209,900 and 78% below the national median of $332,700. Owners pay a median $289 a year in property taxes, about 0.39% of their home's value, higher than the Alabama rate of 0.38%. The median household earns $38,125 a year, so the median home costs 1.9 times the median income (3.3 times for Alabama). 79% of occupied homes here are lived in by their owners, and 22% of those owners still have a mortgage.
Beaverton at a glance
| Beaverton | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $73,300 | $209,900 | $332,700 |
| Median property tax paid per year | $289 | $788 | $3,119 |
| Property tax as a share of value | 0.39% | 0.38% | 0.94% |
| Median household income | $38,125 | $63,999 | $80,734 |
| Homes lived in by their owners | 79% | 70% | 65% |
| Owner homes with a mortgage | 22% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $800 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 22.0% | 19.0% | 21.0% |
| Median rent | $388 | $1,007 | $1,413 |
| Rent as a share of renters' income | 51.0% | 29.5% | 30.6% |
| Median year homes were built | 1976 | 1986 | 1980 |
| Vacant homes | 39.1% | 14.5% | 10.1% |
| Population | 208 | 5,086,768 | 334,922,499 |
What a typical home costs per month in Beaverton
At this week's average 30-year rate of 7.11%, buying the median Beaverton home of $73,300 with 20% down costs about $449 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $571, 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 $19,236 for the 20%-down payment. That payment is 14% of the median Beaverton household income of $38,125; at that income and 20% down, the 28% guideline points to a home of about $145,000.
The median rent here is $388 a month, so owning the median home costs about $61 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $14,660 |
|---|---|
| Loan amount | $58,640 |
| Principal and interest | $394 |
| Property taxes (0.39% a year) | $24 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| PMI | $0 |
| Total per month | $449 |
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| Down payment | $2,566 |
|---|---|
| Loan amount | $71,972 |
| Principal and interest | $484 |
| Property taxes (0.39% a year) | $24 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| FHA mortgage insurance | $32 |
| Total per month | $571 |
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Questions about home buying in Beaverton
What is the median home value in Beaverton?
About $73,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Beaverton?
Homeowners pay a median $289 a year, which is about 0.39% 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 Beaverton?
For the median home with 20% down at 7.11%, the payment is about $449 a month. Keeping that under 28% of gross income takes about $19,236 a year.
More about Beaverton
- Mortgage Refinance in Beaverton
- Debt Relief in Beaverton
- Home Equity Loans in Beaverton
- 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