Home / Home Buying by state / Colorado / Las Animas County / Branson

Buying a home in Branson, Colorado

The typical owner-occupied home in Branson is worth about $50,400, 91% below the Colorado median of $539,400 and 85% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.39% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $34,063 a year, so the median home costs 1.5 times the median income (5.6 times for Colorado). 78% of occupied homes here are lived in by their owners, and 3% of those owners still have a mortgage.

Branson at a glance

Branson Colorado U.S.
Median home value $50,400 $539,400 $332,700
Median property tax paid per year $199 $2,602 $3,119
Property tax as a share of value 0.39% 0.48% 0.94%
Median household income $34,063 $95,470 $80,734
Homes lived in by their owners 78% 66% 65%
Owner homes with a mortgage 3% 69% 61%
Median monthly costs, owners with a mortgage – $2,326 $1,963
Median rent – $1,761 $1,413
Median year homes were built 1973 1988 1980
Vacant homes 43.1% 8.3% 10.1%
Population 62 5,862,189 334,922,499

What a typical home costs per month in Branson

At this week's average 30-year rate of 7.11%, buying the median Branson home of $50,400 with 20% down costs about $309 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $393, 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 $13,227 for the 20%-down payment. That payment is 11% of the median Branson household income of $34,063; at that income and 20% down, the 28% guideline points to a home of about $130,000.

20% down, 30-year conventional loan
Down payment$10,080
Loan amount$40,320
Principal and interest$271
Property taxes (0.39% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$21
PMI$0
Total per month$309

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$1,764
Loan amount$49,487
Principal and interest$333
Property taxes (0.39% a year)$16
Homeowners insurance (our estimate, 0.5% a year)$21
FHA mortgage insurance$22
Total per month$393

Change the numbers in the calculator

Questions about home buying in Branson

What is the median home value in Branson?

About $50,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Branson?

Homeowners pay a median $199 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 Branson?

For the median home with 20% down at 7.11%, the payment is about $309 a month. Keeping that under 28% of gross income takes about $13,227 a year.

More about Branson

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