The typical owner-occupied home in Coconino County is worth about $448,000, 14% above the Arizona median of $394,500 and 35% above the national median of $332,700. Owners pay a median $2,051 a year in property taxes, about 0.46% of their home's value, close to the Arizona rate of 0.48%. The median household earns $72,966 a year, so the median home costs 6.1 times the median income (4.9 times for Arizona). 60% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Coconino County at a glance
| Coconino County | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $448,000 | $394,500 | $332,700 |
| Median property tax paid per year | $2,051 | $1,879 | $3,119 |
| Property tax as a share of value | 0.46% | 0.48% | 0.94% |
| Median household income | $72,966 | $79,964 | $80,734 |
| Homes lived in by their owners | 60% | 67% | 65% |
| Owner homes with a mortgage | 51% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,936 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 20.5% | 21.0% |
| Median rent | $1,473 | $1,543 | $1,413 |
| Rent as a share of renters' income | 30.9% | 30.8% | 30.6% |
| Median year homes were built | 1991 | 1992 | 1980 |
| Vacant homes | 22.0% | 10.5% | 10.1% |
| Population | 144,508 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Coconino County
At this week's average 30-year rate of 7.11%, buying the median Coconino County home of $448,000 with 20% down costs about $2,769 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,516, 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 $118,688 for the 20%-down payment. That payment is 46% of the median Coconino County household income of $72,966; at that income and 20% down, the 28% guideline points to a home of about $275,000.
The median rent here is $1,473 a month, so owning the median home costs about $1,296 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $89,600 |
|---|---|
| Loan amount | $358,400 |
| Principal and interest | $2,411 |
| Property taxes (0.46% a year) | $172 |
| Homeowners insurance (our estimate, 0.5% a year) | $187 |
| PMI | $0 |
| Total per month | $2,769 |
Change the numbers in the calculator
| Down payment | $15,680 |
|---|---|
| Loan amount | $439,886 |
| Principal and interest | $2,959 |
| Property taxes (0.46% a year) | $172 |
| Homeowners insurance (our estimate, 0.5% a year) | $187 |
| FHA mortgage insurance | $198 |
| Total per month | $3,516 |
Change the numbers in the calculator
Questions about home buying in Coconino County
What is the median home value in Coconino County?
About $448,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Coconino County?
Homeowners pay a median $2,051 a year, which is about 0.46% 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 Coconino County?
For the median home with 20% down at 7.11%, the payment is about $2,769 a month. Keeping that under 28% of gross income takes about $118,688 a year.
More about Coconino County
- Mortgage Refinance in Coconino County
- Debt Relief in Coconino County
- Home Equity Loans in Coconino County
- 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