The typical owner-occupied home in Smith River is worth about $382,200, 48% below the California median of $734,700 and 15% above the national median of $332,700. Owners pay a median $1,713 a year in property taxes, about 0.45% of their home's value, lower than the California rate of 0.70%. 82% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Smith River at a glance
| Smith River | California | U.S. | |
|---|---|---|---|
| Median home value | $382,200 | $734,700 | $332,700 |
| Median property tax paid per year | $1,713 | $5,124 | $3,119 |
| Property tax as a share of value | 0.45% | 0.70% | 0.94% |
| Median household income | – | $99,122 | $80,734 |
| Homes lived in by their owners | 82% | 56% | 65% |
| Owner homes with a mortgage | 57% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $1,824 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 22.2% | 24.8% | 21.0% |
| Median rent | – | $2,036 | $1,413 |
| Median year homes were built | 1972 | 1976 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 898 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Smith River
At this week's average 30-year rate of 7.11%, buying the median Smith River home of $382,200 with 20% down costs about $2,359 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,996, 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 $101,119 for the 20%-down payment.
| Down payment | $76,440 |
|---|---|
| Loan amount | $305,760 |
| Principal and interest | $2,057 |
| Property taxes (0.45% a year) | $143 |
| Homeowners insurance (our estimate, 0.5% a year) | $159 |
| PMI | $0 |
| Total per month | $2,359 |
Change the numbers in the calculator
| Down payment | $13,377 |
|---|---|
| Loan amount | $375,277 |
| Principal and interest | $2,525 |
| Property taxes (0.45% a year) | $143 |
| Homeowners insurance (our estimate, 0.5% a year) | $159 |
| FHA mortgage insurance | $169 |
| Total per month | $2,996 |
Change the numbers in the calculator
Questions about home buying in Smith River
What is the median home value in Smith River?
About $382,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Smith River?
Homeowners pay a median $1,713 a year, which is about 0.45% 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 Smith River?
For the median home with 20% down at 7.11%, the payment is about $2,359 a month. Keeping that under 28% of gross income takes about $101,119 a year.
More about Smith River
- Mortgage Refinance in Smith River
- Debt Relief in Smith River
- Home Equity Loans in Smith River
- 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