The typical owner-occupied home in Show Low is worth about $299,600, 24% below the Arizona median of $394,500 and 10% below the national median of $332,700. Owners pay a median $1,391 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 $60,368 a year, so the median home costs 5.0 times the median income (4.9 times for Arizona). 66% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Show Low at a glance
| Show Low | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $299,600 | $394,500 | $332,700 |
| Median property tax paid per year | $1,391 | $1,879 | $3,119 |
| Property tax as a share of value | 0.46% | 0.48% | 0.94% |
| Median household income | $60,368 | $79,964 | $80,734 |
| Homes lived in by their owners | 66% | 67% | 65% |
| Owner homes with a mortgage | 41% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,505 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 20.1% | 20.5% | 21.0% |
| Median rent | $1,110 | $1,543 | $1,413 |
| Rent as a share of renters' income | 29.4% | 30.8% | 30.6% |
| Median year homes were built | 1997 | 1992 | 1980 |
| Vacant homes | 34.3% | 10.5% | 10.1% |
| Population | 12,102 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Show Low
At this week's average 30-year rate of 7.11%, buying the median Show Low home of $299,600 with 20% down costs about $1,852 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,351, 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 $79,372 for the 20%-down payment. That payment is 37% of the median Show Low household income of $60,368; at that income and 20% down, the 28% guideline points to a home of about $228,000.
The median rent here is $1,110 a month, so owning the median home costs about $742 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $59,920 |
|---|---|
| Loan amount | $239,680 |
| Principal and interest | $1,612 |
| Property taxes (0.46% a year) | $115 |
| Homeowners insurance (our estimate, 0.5% a year) | $125 |
| PMI | $0 |
| Total per month | $1,852 |
Change the numbers in the calculator
| Down payment | $10,486 |
|---|---|
| Loan amount | $294,174 |
| Principal and interest | $1,979 |
| Property taxes (0.46% a year) | $115 |
| Homeowners insurance (our estimate, 0.5% a year) | $125 |
| FHA mortgage insurance | $133 |
| Total per month | $2,351 |
Change the numbers in the calculator
Questions about home buying in Show Low
What is the median home value in Show Low?
About $299,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Show Low?
Homeowners pay a median $1,391 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 Show Low?
For the median home with 20% down at 7.11%, the payment is about $1,852 a month. Keeping that under 28% of gross income takes about $79,372 a year.
More about Show Low
- Mortgage Refinance in Show Low
- Debt Relief in Show Low
- Home Equity Loans in Show Low
- 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