The typical owner-occupied home in Matheson is worth about $360,000, 33% below the Colorado median of $539,400 and 8% above the national median of $332,700. Owners pay a median $1,400 a year in property taxes, about 0.39% of their home's value, lower than the Colorado rate of 0.48%. 100% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Matheson at a glance
| Matheson | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $360,000 | $539,400 | $332,700 |
| Median property tax paid per year | $1,400 | $2,602 | $3,119 |
| Property tax as a share of value | 0.39% | 0.48% | 0.94% |
| Median household income | – | $95,470 | $80,734 |
| Homes lived in by their owners | 100% | 66% | 65% |
| Owner homes with a mortgage | 62% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $2,286 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 22.1% | 21.0% |
| Median rent | – | $1,761 | $1,413 |
| Median year homes were built | 1938 | 1988 | 1980 |
| Vacant homes | 10.3% | 8.3% | 10.1% |
| Population | 34 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Matheson
At this week's average 30-year rate of 7.11%, buying the median Matheson home of $360,000 with 20% down costs about $2,204 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,804, 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 $94,474 for the 20%-down payment.
| Down payment | $72,000 |
|---|---|
| Loan amount | $288,000 |
| Principal and interest | $1,937 |
| Property taxes (0.39% a year) | $117 |
| Homeowners insurance (our estimate, 0.5% a year) | $150 |
| PMI | $0 |
| Total per month | $2,204 |
Change the numbers in the calculator
| Down payment | $12,600 |
|---|---|
| Loan amount | $353,480 |
| Principal and interest | $2,378 |
| Property taxes (0.39% a year) | $117 |
| Homeowners insurance (our estimate, 0.5% a year) | $150 |
| FHA mortgage insurance | $159 |
| Total per month | $2,804 |
Change the numbers in the calculator
Questions about home buying in Matheson
What is the median home value in Matheson?
About $360,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Matheson?
Homeowners pay a median $1,400 a year, which is about 0.39% 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 Matheson?
For the median home with 20% down at 7.11%, the payment is about $2,204 a month. Keeping that under 28% of gross income takes about $94,474 a year.
More about Matheson
- Mortgage Refinance in Matheson
- Debt Relief in Matheson
- Home Equity Loans in Matheson
- 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