The typical owner-occupied home in El Mirage is worth about $321,900, 18% below the Arizona median of $394,500 and 3% below the national median of $332,700. Owners pay a median $1,079 a year in property taxes, about 0.34% of their home's value, lower than the Arizona rate of 0.48%. The median household earns $78,050 a year, so the median home costs 4.1 times the median income (4.9 times for Arizona). 70% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
El Mirage at a glance
| El Mirage | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $321,900 | $394,500 | $332,700 |
| Median property tax paid per year | $1,079 | $1,879 | $3,119 |
| Property tax as a share of value | 0.34% | 0.48% | 0.94% |
| Median household income | $78,050 | $79,964 | $80,734 |
| Homes lived in by their owners | 70% | 67% | 65% |
| Owner homes with a mortgage | 70% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,533 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 22.5% | 20.5% | 21.0% |
| Median rent | $1,806 | $1,543 | $1,413 |
| Rent as a share of renters' income | 28.8% | 30.8% | 30.6% |
| Median year homes were built | 2004 | 1992 | 1980 |
| Vacant homes | 6.6% | 10.5% | 10.1% |
| Population | 36,088 | 7,378,838 | 334,922,499 |
What a typical home costs per month in El Mirage
At this week's average 30-year rate of 7.11%, buying the median El Mirage home of $321,900 with 20% down costs about $1,958 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,494, 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 $83,901 for the 20%-down payment. That payment is 30% of the median El Mirage household income of $78,050; at that income and 20% down, the 28% guideline points to a home of about $299,000.
The median rent here is $1,806 a month, so owning the median home costs about $152 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $64,380 |
|---|---|
| Loan amount | $257,520 |
| Principal and interest | $1,732 |
| Property taxes (0.34% a year) | $91 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| PMI | $0 |
| Total per month | $1,958 |
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| Down payment | $11,266 |
|---|---|
| Loan amount | $316,070 |
| Principal and interest | $2,126 |
| Property taxes (0.34% a year) | $91 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| FHA mortgage insurance | $142 |
| Total per month | $2,494 |
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Questions about home buying in El Mirage
What is the median home value in El Mirage?
About $321,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in El Mirage?
Homeowners pay a median $1,079 a year, which is about 0.34% 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 El Mirage?
For the median home with 20% down at 7.11%, the payment is about $1,958 a month. Keeping that under 28% of gross income takes about $83,901 a year.
More about El Mirage
- Mortgage Refinance in El Mirage
- Debt Relief in El Mirage
- Home Equity Loans in El Mirage
- 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