The typical owner-occupied home in Mcnary is worth about $69,200, 82% below the Arizona median of $394,500 and 79% below the national median of $332,700. Owners pay a median $330 a year in property taxes, about 0.48% of their home's value, close to the Arizona rate of 0.48%. The median household earns $57,000 a year, so the median home costs 1.2 times the median income (4.9 times for Arizona). 47% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Mcnary at a glance
| Mcnary | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $69,200 | $394,500 | $332,700 |
| Median property tax paid per year | $330 | $1,879 | $3,119 |
| Property tax as a share of value | 0.48% | 0.48% | 0.94% |
| Median household income | $57,000 | $79,964 | $80,734 |
| Homes lived in by their owners | 47% | 67% | 65% |
| Owner homes with a mortgage | 37% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $821 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 16.5% | 20.5% | 21.0% |
| Median rent | $523 | $1,543 | $1,413 |
| Rent as a share of renters' income | 12.2% | 30.8% | 30.6% |
| Median year homes were built | 1993 | 1992 | 1980 |
| Vacant homes | 3.2% | 10.5% | 10.1% |
| Population | 919 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Mcnary
At this week's average 30-year rate of 7.11%, buying the median Mcnary home of $69,200 with 20% down costs about $429 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $544, 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 $18,382 for the 20%-down payment. That payment is 9% of the median Mcnary household income of $57,000; at that income and 20% down, the 28% guideline points to a home of about $215,000.
The median rent here is $523 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $13,840 |
|---|---|
| Loan amount | $55,360 |
| Principal and interest | $372 |
| Property taxes (0.48% a year) | $28 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| PMI | $0 |
| Total per month | $429 |
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| Down payment | $2,422 |
|---|---|
| Loan amount | $67,947 |
| Principal and interest | $457 |
| Property taxes (0.48% a year) | $28 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| FHA mortgage insurance | $31 |
| Total per month | $544 |
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Questions about home buying in Mcnary
What is the median home value in Mcnary?
About $69,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mcnary?
Homeowners pay a median $330 a year, which is about 0.48% 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 Mcnary?
For the median home with 20% down at 7.11%, the payment is about $429 a month. Keeping that under 28% of gross income takes about $18,382 a year.
More about Mcnary
- Mortgage Refinance in Mcnary
- Debt Relief in Mcnary
- Home Equity Loans in Mcnary
- 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