The typical owner-occupied home in Grand View is worth about $173,900, 58% below the Idaho median of $418,600 and 48% below the national median of $332,700. Owners pay a median $1,031 a year in property taxes, about 0.59% of their home's value, higher than the Idaho rate of 0.49%. The median household earns $58,092 a year, so the median home costs 3.0 times the median income (5.4 times for Idaho). 40% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.
Grand View at a glance
| Grand View | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $173,900 | $418,600 | $332,700 |
| Median property tax paid per year | $1,031 | $2,038 | $3,119 |
| Property tax as a share of value | 0.59% | 0.49% | 0.94% |
| Median household income | $58,092 | $77,800 | $80,734 |
| Homes lived in by their owners | 40% | 72% | 65% |
| Owner homes with a mortgage | 25% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $3,025 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 20.7% | 21.0% |
| Median rent | $777 | $1,238 | $1,413 |
| Rent as a share of renters' income | 22.5% | 28.7% | 30.6% |
| Median year homes were built | 1979 | 1991 | 1980 |
| Vacant homes | 18.5% | 10.3% | 10.1% |
| Population | 472 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Grand View
At this week's average 30-year rate of 7.11%, buying the median Grand View home of $173,900 with 20% down costs about $1,094 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,384, 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 $46,878 for the 20%-down payment. That payment is 23% of the median Grand View household income of $58,092; at that income and 20% down, the 28% guideline points to a home of about $215,000.
The median rent here is $777 a month, so owning the median home costs about $317 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,780 |
|---|---|
| Loan amount | $139,120 |
| Principal and interest | $936 |
| Property taxes (0.59% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $72 |
| PMI | $0 |
| Total per month | $1,094 |
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| Down payment | $6,086 |
|---|---|
| Loan amount | $170,750 |
| Principal and interest | $1,149 |
| Property taxes (0.59% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $72 |
| FHA mortgage insurance | $77 |
| Total per month | $1,384 |
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Questions about home buying in Grand View
What is the median home value in Grand View?
About $173,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Grand View?
Homeowners pay a median $1,031 a year, which is about 0.59% 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 Grand View?
For the median home with 20% down at 7.11%, the payment is about $1,094 a month. Keeping that under 28% of gross income takes about $46,878 a year.
More about Grand View
- Mortgage Refinance in Grand View
- Debt Relief in Grand View
- Home Equity Loans in Grand View
- 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