The typical owner-occupied home in Black Canyon City is worth about $288,500, 27% below the Arizona median of $394,500 and 13% below the national median of $332,700. Owners pay a median $951 a year in property taxes, about 0.33% of their home's value, lower than the Arizona rate of 0.48%. The median household earns $47,465 a year, so the median home costs 6.1 times the median income (4.9 times for Arizona). 92% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Black Canyon City at a glance
| Black Canyon City | Arizona | U.S. | |
|---|---|---|---|
| Median home value | $288,500 | $394,500 | $332,700 |
| Median property tax paid per year | $951 | $1,879 | $3,119 |
| Property tax as a share of value | 0.33% | 0.48% | 0.94% |
| Median household income | $47,465 | $79,964 | $80,734 |
| Homes lived in by their owners | 92% | 67% | 65% |
| Owner homes with a mortgage | 59% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,490 | $1,803 | $1,963 |
| Those costs as a share of the owners' income | 18.7% | 20.5% | 21.0% |
| Median rent | – | $1,543 | $1,413 |
| Rent as a share of renters' income | 31.6% | 30.8% | 30.6% |
| Median year homes were built | 1993 | 1992 | 1980 |
| Vacant homes | 13.7% | 10.5% | 10.1% |
| Population | 2,181 | 7,378,838 | 334,922,499 |
What a typical home costs per month in Black Canyon City
At this week's average 30-year rate of 7.11%, buying the median Black Canyon City home of $288,500 with 20% down costs about $1,752 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,233, 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 $75,093 for the 20%-down payment. That payment is 44% of the median Black Canyon City household income of $47,465; at that income and 20% down, the 28% guideline points to a home of about $182,000.
| Down payment | $57,700 |
|---|---|
| Loan amount | $230,800 |
| Principal and interest | $1,553 |
| Property taxes (0.33% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| PMI | $0 |
| Total per month | $1,752 |
Change the numbers in the calculator
| Down payment | $10,098 |
|---|---|
| Loan amount | $283,275 |
| Principal and interest | $1,906 |
| Property taxes (0.33% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| FHA mortgage insurance | $128 |
| Total per month | $2,233 |
Change the numbers in the calculator
Questions about home buying in Black Canyon City
What is the median home value in Black Canyon City?
About $288,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Black Canyon City?
Homeowners pay a median $951 a year, which is about 0.33% 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 Black Canyon City?
For the median home with 20% down at 7.11%, the payment is about $1,752 a month. Keeping that under 28% of gross income takes about $75,093 a year.
More about Black Canyon City
- Mortgage Refinance in Black Canyon City
- Debt Relief in Black Canyon City
- Home Equity Loans in Black Canyon City
- 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