The typical owner-occupied home in Two Buttes is worth about $28,300, 95% below the Colorado median of $539,400 and 91% below the national median of $332,700. Owners pay a median $275 a year in property taxes, about 0.97% of their home's value, higher than the Colorado rate of 0.48%. The median household earns $25,000 a year, so the median home costs 1.1 times the median income (5.6 times for Colorado). 100% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Two Buttes at a glance
| Two Buttes | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $28,300 | $539,400 | $332,700 |
| Median property tax paid per year | $275 | $2,602 | $3,119 |
| Property tax as a share of value | 0.97% | 0.48% | 0.94% |
| Median household income | $25,000 | $95,470 | $80,734 |
| Homes lived in by their owners | 100% | 66% | 65% |
| Owner homes with a mortgage | 0% | 69% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,326 | $1,963 |
| Median rent | – | $1,761 | $1,413 |
| Median year homes were built | 1943 | 1988 | 1980 |
| Vacant homes | 28.6% | 8.3% | 10.1% |
| Population | 15 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Two Buttes
At this week's average 30-year rate of 7.11%, buying the median Two Buttes home of $28,300 with 20% down costs about $187 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $234, 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 $8,013 for the 20%-down payment. That payment is 9% of the median Two Buttes household income of $25,000; at that income and 20% down, the 28% guideline points to a home of about $88,000.
| Down payment | $5,660 |
|---|---|
| Loan amount | $22,640 |
| Principal and interest | $152 |
| Property taxes (0.97% a year) | $23 |
| Homeowners insurance (our estimate, 0.5% a year) | $12 |
| PMI | $0 |
| Total per month | $187 |
Change the numbers in the calculator
| Down payment | $990 |
|---|---|
| Loan amount | $27,787 |
| Principal and interest | $187 |
| Property taxes (0.97% a year) | $23 |
| Homeowners insurance (our estimate, 0.5% a year) | $12 |
| FHA mortgage insurance | $13 |
| Total per month | $234 |
Change the numbers in the calculator
Questions about home buying in Two Buttes
What is the median home value in Two Buttes?
About $28,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Two Buttes?
Homeowners pay a median $275 a year, which is about 0.97% 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 Two Buttes?
For the median home with 20% down at 7.11%, the payment is about $187 a month. Keeping that under 28% of gross income takes about $8,013 a year.
More about Two Buttes
- Mortgage Refinance in Two Buttes
- Debt Relief in Two Buttes
- Home Equity Loans in Two Buttes
- 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