The typical owner-occupied home in Bethune is worth about $127,500, 76% below the Colorado median of $539,400 and 62% below the national median of $332,700. Owners pay a median $531 a year in property taxes, about 0.42% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $34,688 a year, so the median home costs 3.7 times the median income (5.6 times for Colorado). 64% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Bethune at a glance
| Bethune | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $127,500 | $539,400 | $332,700 |
| Median property tax paid per year | $531 | $2,602 | $3,119 |
| Property tax as a share of value | 0.42% | 0.48% | 0.94% |
| Median household income | $34,688 | $95,470 | $80,734 |
| Homes lived in by their owners | 64% | 66% | 65% |
| Owner homes with a mortgage | 37% | 69% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 37.5% | 22.1% | 21.0% |
| Median rent | – | $1,761 | $1,413 |
| Rent as a share of renters' income | 51.0% | 31.4% | 30.6% |
| Median year homes were built | 1980 | 1988 | 1980 |
| Vacant homes | 0.0% | 8.3% | 10.1% |
| Population | 218 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Bethune
At this week's average 30-year rate of 7.11%, buying the median Bethune home of $127,500 with 20% down costs about $784 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $996, 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 $33,596 for the 20%-down payment. That payment is 27% of the median Bethune household income of $34,688; at that income and 20% down, the 28% guideline points to a home of about $132,000.
| Down payment | $25,500 |
|---|---|
| Loan amount | $102,000 |
| Principal and interest | $686 |
| Property taxes (0.42% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| PMI | $0 |
| Total per month | $784 |
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| Down payment | $4,462 |
|---|---|
| Loan amount | $125,191 |
| Principal and interest | $842 |
| Property taxes (0.42% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| FHA mortgage insurance | $56 |
| Total per month | $996 |
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Questions about home buying in Bethune
What is the median home value in Bethune?
About $127,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bethune?
Homeowners pay a median $531 a year, which is about 0.42% 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 Bethune?
For the median home with 20% down at 7.11%, the payment is about $784 a month. Keeping that under 28% of gross income takes about $33,596 a year.
More about Bethune
- Mortgage Refinance in Bethune
- Debt Relief in Bethune
- Home Equity Loans in Bethune
- 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