The typical owner-occupied home in Blanchard is worth about $279,100, 33% below the Idaho median of $418,600 and 16% below the national median of $332,700. Owners pay a median $918 a year in property taxes, about 0.33% of their home's value, lower than the Idaho rate of 0.49%. The median household earns $59,012 a year, so the median home costs 4.7 times the median income (5.4 times for Idaho). 86% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Blanchard at a glance
| Blanchard | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $279,100 | $418,600 | $332,700 |
| Median property tax paid per year | $918 | $2,038 | $3,119 |
| Property tax as a share of value | 0.33% | 0.49% | 0.94% |
| Median household income | $59,012 | $77,800 | $80,734 |
| Homes lived in by their owners | 86% | 72% | 65% |
| Owner homes with a mortgage | 39% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,705 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 25.5% | 20.7% | 21.0% |
| Median rent | – | $1,238 | $1,413 |
| Median year homes were built | 2002 | 1991 | 1980 |
| Vacant homes | 18.2% | 10.3% | 10.1% |
| Population | 651 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Blanchard
At this week's average 30-year rate of 7.11%, buying the median Blanchard home of $279,100 with 20% down costs about $1,695 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,160, 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 $72,645 for the 20%-down payment. That payment is 34% of the median Blanchard household income of $59,012; at that income and 20% down, the 28% guideline points to a home of about $227,000.
| Down payment | $55,820 |
|---|---|
| Loan amount | $223,280 |
| Principal and interest | $1,502 |
| Property taxes (0.33% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| PMI | $0 |
| Total per month | $1,695 |
Change the numbers in the calculator
| Down payment | $9,768 |
|---|---|
| Loan amount | $274,045 |
| Principal and interest | $1,844 |
| Property taxes (0.33% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| FHA mortgage insurance | $123 |
| Total per month | $2,160 |
Change the numbers in the calculator
Questions about home buying in Blanchard
What is the median home value in Blanchard?
About $279,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Blanchard?
Homeowners pay a median $918 a year, which is about 0.33% 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 Blanchard?
For the median home with 20% down at 7.11%, the payment is about $1,695 a month. Keeping that under 28% of gross income takes about $72,645 a year.
More about Blanchard
- Mortgage Refinance in Blanchard
- Debt Relief in Blanchard
- Home Equity Loans in Blanchard
- 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