The typical owner-occupied home in Fraser is worth about $600,800, 11% above the Colorado median of $539,400 and 81% above the national median of $332,700. Owners pay a median $1,930 a year in property taxes, about 0.32% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $89,980 a year, so the median home costs 6.7 times the median income (5.6 times for Colorado). 59% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Fraser at a glance
| Fraser | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $600,800 | $539,400 | $332,700 |
| Median property tax paid per year | $1,930 | $2,602 | $3,119 |
| Property tax as a share of value | 0.32% | 0.48% | 0.94% |
| Median household income | $89,980 | $95,470 | $80,734 |
| Homes lived in by their owners | 59% | 66% | 65% |
| Owner homes with a mortgage | 63% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $2,422 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 23.1% | 22.1% | 21.0% |
| Median rent | $1,660 | $1,761 | $1,413 |
| Rent as a share of renters' income | 25.2% | 31.4% | 30.6% |
| Median year homes were built | 1993 | 1988 | 1980 |
| Vacant homes | 53.4% | 8.3% | 10.1% |
| Population | 1,405 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Fraser
At this week's average 30-year rate of 7.11%, buying the median Fraser home of $600,800 with 20% down costs about $3,644 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,645, 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 $156,165 for the 20%-down payment. That payment is 49% of the median Fraser household income of $89,980; at that income and 20% down, the 28% guideline points to a home of about $346,000.
The median rent here is $1,660 a month, so owning the median home costs about $1,984 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $120,160 |
|---|---|
| Loan amount | $480,640 |
| Principal and interest | $3,233 |
| Property taxes (0.32% a year) | $160 |
| Homeowners insurance (our estimate, 0.5% a year) | $250 |
| PMI | $0 |
| Total per month | $3,644 |
Change the numbers in the calculator
| Down payment | $21,028 |
|---|---|
| Loan amount | $589,918 |
| Principal and interest | $3,968 |
| Property taxes (0.32% a year) | $160 |
| Homeowners insurance (our estimate, 0.5% a year) | $250 |
| FHA mortgage insurance | $266 |
| Total per month | $4,645 |
Change the numbers in the calculator
Questions about home buying in Fraser
What is the median home value in Fraser?
About $600,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Fraser?
Homeowners pay a median $1,930 a year, which is about 0.32% 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 Fraser?
For the median home with 20% down at 7.11%, the payment is about $3,644 a month. Keeping that under 28% of gross income takes about $156,165 a year.
More about Fraser
- Mortgage Refinance in Fraser
- Debt Relief in Fraser
- Home Equity Loans in Fraser
- 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