The typical owner-occupied home in Naco is worth about $74,300, 81% below the Arizona median of $394,500 and 78% below the national median of $332,700. Owners pay a median $707 a year in property taxes, about 0.95% of their home's value, higher than the Arizona rate of 0.48%. The median household earns $57,540 a year, so the median home costs 1.3 times the median income (4.9 times for Arizona). 89% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.
Naco at a glance
| Naco | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $74,300 | $394,500 | $332,700 |
| Median property tax paid per year | $707 | $1,879 | $3,119 |
| Property tax as a share of value | 0.95% | 0.48% | 0.94% |
| Median household income | $57,540 | $79,964 | $80,734 |
| Homes lived in by their owners | 89% | 67% | 65% |
| Owner homes with a mortgage | 29% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $862 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 17.8% | 20.5% | 21.0% |
| Median rent | – | $1,543 | $1,413 |
| Median year homes were built | 1983 | 1992 | 1980 |
| Vacant homes | 10.3% | 10.5% | 10.1% |
| Population | 1,060 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Naco
At this week's average 30-year rate of 7.11%, buying the median Naco home of $74,300 with 20% down costs about $490 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $613, 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 $20,985 for the 20%-down payment. That payment is 10% of the median Naco household income of $57,540; at that income and 20% down, the 28% guideline points to a home of about $204,000.
| Down payment | $14,860 |
|---|---|
| Loan amount | $59,440 |
| Principal and interest | $400 |
| Property taxes (0.95% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| PMI | $0 |
| Total per month | $490 |
Change the numbers in the calculator
| Down payment | $2,600 |
|---|---|
| Loan amount | $72,954 |
| Principal and interest | $491 |
| Property taxes (0.95% a year) | $59 |
| Homeowners insurance (our estimate, 0.5% a year) | $31 |
| FHA mortgage insurance | $33 |
| Total per month | $613 |
Change the numbers in the calculator
Questions about home buying in Naco
What is the median home value in Naco?
About $74,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Naco?
Homeowners pay a median $707 a year, which is about 0.95% 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 Naco?
For the median home with 20% down at 7.11%, the payment is about $490 a month. Keeping that under 28% of gross income takes about $20,985 a year.
More about Naco
- Mortgage Refinance in Naco
- Debt Relief in Naco
- Home Equity Loans in Naco
- 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