The typical owner-occupied home in Kingman is worth about $267,700, 32% below the Arizona median of $394,500 and 20% below the national median of $332,700. Owners pay a median $1,006 a year in property taxes, about 0.38% of their home's value, lower than the Arizona rate of 0.48%. The median household earns $61,792 a year, so the median home costs 4.3 times the median income (4.9 times for Arizona). 68% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.
Kingman at a glance
| Kingman | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $267,700 | $394,500 | $332,700 |
| Median property tax paid per year | $1,006 | $1,879 | $3,119 |
| Property tax as a share of value | 0.38% | 0.48% | 0.94% |
| Median household income | $61,792 | $79,964 | $80,734 |
| Homes lived in by their owners | 68% | 67% | 65% |
| Owner homes with a mortgage | 61% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,308 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 21.6% | 20.5% | 21.0% |
| Median rent | $1,058 | $1,543 | $1,413 |
| Rent as a share of renters' income | 28.7% | 30.8% | 30.6% |
| Median year homes were built | 1995 | 1992 | 1980 |
| Vacant homes | 3.8% | 10.5% | 10.1% |
| Population | 34,375 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Kingman
At this week's average 30-year rate of 7.11%, buying the median Kingman home of $267,700 with 20% down costs about $1,637 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,083, 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 $70,156 for the 20%-down payment. That payment is 32% of the median Kingman household income of $61,792; at that income and 20% down, the 28% guideline points to a home of about $236,000.
The median rent here is $1,058 a month, so owning the median home costs about $579 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $53,540 |
|---|---|
| Loan amount | $214,160 |
| Principal and interest | $1,441 |
| Property taxes (0.38% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $112 |
| PMI | $0 |
| Total per month | $1,637 |
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| Down payment | $9,370 |
|---|---|
| Loan amount | $262,851 |
| Principal and interest | $1,768 |
| Property taxes (0.38% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $112 |
| FHA mortgage insurance | $118 |
| Total per month | $2,083 |
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Questions about home buying in Kingman
What is the median home value in Kingman?
About $267,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kingman?
Homeowners pay a median $1,006 a year, which is about 0.38% 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 Kingman?
For the median home with 20% down at 7.11%, the payment is about $1,637 a month. Keeping that under 28% of gross income takes about $70,156 a year.
More about Kingman
- Mortgage Refinance in Kingman
- Debt Relief in Kingman
- Home Equity Loans in Kingman
- 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