The typical owner-occupied home in Wasco is worth about $273,600, 63% below the California median of $734,700 and 18% below the national median of $332,700. Owners pay a median $1,989 a year in property taxes, about 0.73% of their home's value, close to the California rate of 0.70%. The median household earns $51,727 a year, so the median home costs 5.3 times the median income (7.4 times for California). 58% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.
Wasco at a glance
| Wasco | California | U.S. | |
|---|---|---|---|
| Median home value | $273,600 | $734,700 | $332,700 |
| Median property tax paid per year | $1,989 | $5,124 | $3,119 |
| Property tax as a share of value | 0.73% | 0.70% | 0.94% |
| Median household income | $51,727 | $99,122 | $80,734 |
| Homes lived in by their owners | 58% | 56% | 65% |
| Owner homes with a mortgage | 61% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $1,481 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 26.8% | 24.8% | 21.0% |
| Median rent | $1,089 | $2,036 | $1,413 |
| Rent as a share of renters' income | 34.5% | 32.8% | 30.6% |
| Median year homes were built | 1983 | 1976 | 1980 |
| Vacant homes | 6.2% | 7.5% | 10.1% |
| Population | 26,558 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Wasco
At this week's average 30-year rate of 7.11%, buying the median Wasco home of $273,600 with 20% down costs about $1,753 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,209, 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 $75,123 for the 20%-down payment. That payment is 41% of the median Wasco household income of $51,727; at that income and 20% down, the 28% guideline points to a home of about $188,000.
The median rent here is $1,089 a month, so owning the median home costs about $664 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $54,720 |
|---|---|
| Loan amount | $218,880 |
| Principal and interest | $1,472 |
| Property taxes (0.73% a year) | $166 |
| Homeowners insurance (our estimate, 0.5% a year) | $114 |
| PMI | $0 |
| Total per month | $1,753 |
Change the numbers in the calculator
| Down payment | $9,576 |
|---|---|
| Loan amount | $268,644 |
| Principal and interest | $1,807 |
| Property taxes (0.73% a year) | $166 |
| Homeowners insurance (our estimate, 0.5% a year) | $114 |
| FHA mortgage insurance | $121 |
| Total per month | $2,209 |
Change the numbers in the calculator
Questions about home buying in Wasco
What is the median home value in Wasco?
About $273,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wasco?
Homeowners pay a median $1,989 a year, which is about 0.73% 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 Wasco?
For the median home with 20% down at 7.11%, the payment is about $1,753 a month. Keeping that under 28% of gross income takes about $75,123 a year.
More about Wasco
- Mortgage Refinance in Wasco
- Debt Relief in Wasco
- Home Equity Loans in Wasco
- 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