The typical owner-occupied home in Caspar is worth about $1,009,100, 37% above the California median of $734,700 and 3.0 times the national median of $332,700. Owners pay a median $7,350 a year in property taxes, about 0.73% of their home's value, close to the California rate of 0.70%. 60% of occupied homes here are lived in by their owners, and 82% of those owners still have a mortgage.
Caspar at a glance
| Caspar | California | U.S. | |
|---|---|---|---|
| Median home value | $1,009,100 | $734,700 | $332,700 |
| Median property tax paid per year | $7,350 | $5,124 | $3,119 |
| Property tax as a share of value | 0.73% | 0.70% | 0.94% |
| Median household income | – | $99,122 | $80,734 |
| Homes lived in by their owners | 60% | 56% | 65% |
| Owner homes with a mortgage | 82% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $3,350 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 20.7% | 24.8% | 21.0% |
| Median rent | – | $2,036 | $1,413 |
| Rent as a share of renters' income | 28.9% | 32.8% | 30.6% |
| Median year homes were built | 1989 | 1976 | 1980 |
| Vacant homes | 12.6% | 7.5% | 10.1% |
| Population | 279 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Caspar
At this week's average 30-year rate of 7.11%, buying the median Caspar home of $1,009,100 with 20% down costs about $6,465 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $8,308, 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 $277,069 for the 20%-down payment.
| Down payment | $201,820 |
|---|---|
| Loan amount | $807,280 |
| Principal and interest | $5,431 |
| Property taxes (0.73% a year) | $614 |
| Homeowners insurance (our estimate, 0.5% a year) | $420 |
| PMI | $0 |
| Total per month | $6,465 |
Change the numbers in the calculator
| Down payment | $35,318 |
|---|---|
| Loan amount | $990,823 |
| Principal and interest | $6,665 |
| Property taxes (0.73% a year) | $614 |
| Homeowners insurance (our estimate, 0.5% a year) | $420 |
| FHA mortgage insurance | $609 |
| Total per month | $8,308 |
Change the numbers in the calculator
Questions about home buying in Caspar
What is the median home value in Caspar?
About $1,009,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Caspar?
Homeowners pay a median $7,350 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 Caspar?
For the median home with 20% down at 7.11%, the payment is about $6,465 a month. Keeping that under 28% of gross income takes about $277,069 a year.
More about Caspar
- Mortgage Refinance in Caspar
- Debt Relief in Caspar
- Home Equity Loans in Caspar
- 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