The typical owner-occupied home in San Carlos is worth about $67,200, 83% below the Arizona median of $394,500 and 80% below the national median of $332,700. Owners pay a median $1,403 a year in property taxes, about 2.09% of their home's value, higher than the Arizona rate of 0.48%. The median household earns $56,302 a year, so the median home costs 1.2 times the median income (4.9 times for Arizona). 57% of occupied homes here are lived in by their owners, and 22% of those owners still have a mortgage.
San Carlos at a glance
| San Carlos | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $67,200 | $394,500 | $332,700 |
| Median property tax paid per year | $1,403 | $1,879 | $3,119 |
| Property tax as a share of value | 2.09% | 0.48% | 0.94% |
| Median household income | $56,302 | $79,964 | $80,734 |
| Homes lived in by their owners | 57% | 67% | 65% |
| Owner homes with a mortgage | 22% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $804 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 10.2% | 20.5% | 21.0% |
| Median rent | $540 | $1,543 | $1,413 |
| Rent as a share of renters' income | 9.0% | 30.8% | 30.6% |
| Median year homes were built | 1989 | 1992 | 1980 |
| Vacant homes | 6.4% | 10.5% | 10.1% |
| Population | 4,973 | 7,378,838 | 334,922,499 |
What a typical home costs per month in San Carlos
At this week's average 30-year rate of 7.11%, buying the median San Carlos home of $67,200 with 20% down costs about $507 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $619, 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 $21,715 for the 20%-down payment. That payment is 11% of the median San Carlos household income of $56,302; at that income and 20% down, the 28% guideline points to a home of about $174,000.
The median rent here is $540 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $13,440 |
|---|---|
| Loan amount | $53,760 |
| Principal and interest | $362 |
| Property taxes (2.09% a year) | $117 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| PMI | $0 |
| Total per month | $507 |
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| Down payment | $2,352 |
|---|---|
| Loan amount | $65,983 |
| Principal and interest | $444 |
| Property taxes (2.09% a year) | $117 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| FHA mortgage insurance | $30 |
| Total per month | $619 |
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Questions about home buying in San Carlos
What is the median home value in San Carlos?
About $67,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in San Carlos?
Homeowners pay a median $1,403 a year, which is about 2.09% 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 San Carlos?
For the median home with 20% down at 7.11%, the payment is about $507 a month. Keeping that under 28% of gross income takes about $21,715 a year.
More about San Carlos
- Mortgage Refinance in San Carlos
- Debt Relief in San Carlos
- Home Equity Loans in San Carlos
- 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