The typical owner-occupied home in Hamer is worth about $242,900, 42% below the Idaho median of $418,600 and 27% below the national median of $332,700. Owners pay a median $660 a year in property taxes, about 0.27% of their home's value, lower than the Idaho rate of 0.49%. The median household earns $84,167 a year, so the median home costs 2.9 times the median income (5.4 times for Idaho). 82% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.
Hamer at a glance
| Hamer | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $242,900 | $418,600 | $332,700 |
| Median property tax paid per year | $660 | $2,038 | $3,119 |
| Property tax as a share of value | 0.27% | 0.49% | 0.94% |
| Median household income | $84,167 | $77,800 | $80,734 |
| Homes lived in by their owners | 82% | 72% | 65% |
| Owner homes with a mortgage | 28% | 62% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,687 | $1,963 |
| Median rent | – | $1,238 | $1,413 |
| Median year homes were built | 1974 | 1991 | 1980 |
| Vacant homes | 60.0% | 10.3% | 10.1% |
| Population | 59 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Hamer
At this week's average 30-year rate of 7.11%, buying the median Hamer home of $242,900 with 20% down costs about $1,463 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,868, 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 $62,703 for the 20%-down payment. That payment is 21% of the median Hamer household income of $84,167; at that income and 20% down, the 28% guideline points to a home of about $326,000.
| Down payment | $48,580 |
|---|---|
| Loan amount | $194,320 |
| Principal and interest | $1,307 |
| Property taxes (0.27% a year) | $55 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| PMI | $0 |
| Total per month | $1,463 |
Change the numbers in the calculator
| Down payment | $8,502 |
|---|---|
| Loan amount | $238,500 |
| Principal and interest | $1,604 |
| Property taxes (0.27% a year) | $55 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| FHA mortgage insurance | $107 |
| Total per month | $1,868 |
Change the numbers in the calculator
Questions about home buying in Hamer
What is the median home value in Hamer?
About $242,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hamer?
Homeowners pay a median $660 a year, which is about 0.27% 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 Hamer?
For the median home with 20% down at 7.11%, the payment is about $1,463 a month. Keeping that under 28% of gross income takes about $62,703 a year.
More about Hamer
- Mortgage Refinance in Hamer
- Debt Relief in Hamer
- Home Equity Loans in Hamer
- 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