The typical owner-occupied home in Queen Creek is worth about $635,400, 61% above the Arizona median of $394,500 and 91% above the national median of $332,700. Owners pay a median $2,754 a year in property taxes, about 0.43% of their home's value, lower than the Arizona rate of 0.48%. The median household earns $141,978 a year, so the median home costs 4.5 times the median income (4.9 times for Arizona). 90% of occupied homes here are lived in by their owners, and 82% of those owners still have a mortgage.
Queen Creek at a glance
| Queen Creek | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $635,400 | $394,500 | $332,700 |
| Median property tax paid per year | $2,754 | $1,879 | $3,119 |
| Property tax as a share of value | 0.43% | 0.48% | 0.94% |
| Median household income | $141,978 | $79,964 | $80,734 |
| Homes lived in by their owners | 90% | 67% | 65% |
| Owner homes with a mortgage | 82% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,389 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 19.2% | 20.5% | 21.0% |
| Median rent | $2,210 | $1,543 | $1,413 |
| Rent as a share of renters' income | 29.5% | 30.8% | 30.6% |
| Median year homes were built | 2012 | 1992 | 1980 |
| Vacant homes | 5.3% | 10.5% | 10.1% |
| Population | 71,867 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Queen Creek
At this week's average 30-year rate of 7.11%, buying the median Queen Creek home of $635,400 with 20% down costs about $3,912 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,970, 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 $167,655 for the 20%-down payment. That payment is 33% of the median Queen Creek household income of $141,978; at that income and 20% down, the 28% guideline points to a home of about $538,000.
The median rent here is $2,210 a month, so owning the median home costs about $1,702 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $127,080 |
|---|---|
| Loan amount | $508,320 |
| Principal and interest | $3,420 |
| Property taxes (0.43% a year) | $228 |
| Homeowners insurance (our estimate, 0.5% a year) | $265 |
| PMI | $0 |
| Total per month | $3,912 |
Change the numbers in the calculator
| Down payment | $22,239 |
|---|---|
| Loan amount | $623,891 |
| Principal and interest | $4,197 |
| Property taxes (0.43% a year) | $228 |
| Homeowners insurance (our estimate, 0.5% a year) | $265 |
| FHA mortgage insurance | $281 |
| Total per month | $4,970 |
Change the numbers in the calculator
Questions about home buying in Queen Creek
What is the median home value in Queen Creek?
About $635,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Queen Creek?
Homeowners pay a median $2,754 a year, which is about 0.43% 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 Queen Creek?
For the median home with 20% down at 7.11%, the payment is about $3,912 a month. Keeping that under 28% of gross income takes about $167,655 a year.
More about Queen Creek
- Mortgage Refinance in Queen Creek
- Debt Relief in Queen Creek
- Home Equity Loans in Queen Creek
- 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