The typical owner-occupied home in Artesia is worth about $776,600, 6% above the California median of $734,700 and 2.3 times the national median of $332,700. Owners pay a median $5,341 a year in property taxes, about 0.69% of their home's value, close to the California rate of 0.70%. The median household earns $101,004 a year, so the median home costs 7.7 times the median income (7.4 times for California). 50% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Artesia at a glance
| Artesia | California | U.S. | |
|---|---|---|---|
| Median home value | $776,600 | $734,700 | $332,700 |
| Median property tax paid per year | $5,341 | $5,124 | $3,119 |
| Property tax as a share of value | 0.69% | 0.70% | 0.94% |
| Median household income | $101,004 | $99,122 | $80,734 |
| Homes lived in by their owners | 50% | 56% | 65% |
| Owner homes with a mortgage | 66% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $2,858 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 29.6% | 24.8% | 21.0% |
| Median rent | $2,219 | $2,036 | $1,413 |
| Rent as a share of renters' income | 29.1% | 32.8% | 30.6% |
| Median year homes were built | 1966 | 1976 | 1980 |
| Vacant homes | 4.5% | 7.5% | 10.1% |
| Population | 15,889 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Artesia
At this week's average 30-year rate of 7.11%, buying the median Artesia home of $776,600 with 20% down costs about $4,950 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,368, 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 $212,122 for the 20%-down payment. That payment is 59% of the median Artesia household income of $101,004; at that income and 20% down, the 28% guideline points to a home of about $370,000.
The median rent here is $2,219 a month, so owning the median home costs about $2,731 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $155,320 |
|---|---|
| Loan amount | $621,280 |
| Principal and interest | $4,179 |
| Property taxes (0.69% a year) | $447 |
| Homeowners insurance (our estimate, 0.5% a year) | $324 |
| PMI | $0 |
| Total per month | $4,950 |
Change the numbers in the calculator
| Down payment | $27,181 |
|---|---|
| Loan amount | $762,534 |
| Principal and interest | $5,130 |
| Property taxes (0.69% a year) | $447 |
| Homeowners insurance (our estimate, 0.5% a year) | $324 |
| FHA mortgage insurance | $468 |
| Total per month | $6,368 |
Change the numbers in the calculator
Questions about home buying in Artesia
What is the median home value in Artesia?
About $776,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Artesia?
Homeowners pay a median $5,341 a year, which is about 0.69% 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 Artesia?
For the median home with 20% down at 7.11%, the payment is about $4,950 a month. Keeping that under 28% of gross income takes about $212,122 a year.
More about Artesia
- Mortgage Refinance in Artesia
- Debt Relief in Artesia
- Home Equity Loans in Artesia
- 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