The typical owner-occupied home in Hammett is worth about $165,700, 60% below the Idaho median of $418,600 and 50% below the national median of $332,700. Owners pay a median $270 a year in property taxes, about 0.16% of their home's value, lower than the Idaho rate of 0.49%. 63% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.
Hammett at a glance
| Hammett | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $165,700 | $418,600 | $332,700 |
| Median property tax paid per year | $270 | $2,038 | $3,119 |
| Property tax as a share of value | 0.16% | 0.49% | 0.94% |
| Median household income | – | $77,800 | $80,734 |
| Homes lived in by their owners | 63% | 72% | 65% |
| Owner homes with a mortgage | 29% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,304 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 20.7% | 21.0% |
| Median rent | $1,075 | $1,238 | $1,413 |
| Rent as a share of renters' income | 17.5% | 28.7% | 30.6% |
| Median year homes were built | 1987 | 1991 | 1980 |
| Vacant homes | 2.7% | 10.3% | 10.1% |
| Population | 319 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Hammett
At this week's average 30-year rate of 7.11%, buying the median Hammett home of $165,700 with 20% down costs about $983 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,259, 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 $42,123 for the 20%-down payment.
The median rent here is $1,075 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $33,140 |
|---|---|
| Loan amount | $132,560 |
| Principal and interest | $892 |
| Property taxes (0.16% a year) | $22 |
| Homeowners insurance (our estimate, 0.5% a year) | $69 |
| PMI | $0 |
| Total per month | $983 |
Change the numbers in the calculator
| Down payment | $5,800 |
|---|---|
| Loan amount | $162,699 |
| Principal and interest | $1,094 |
| Property taxes (0.16% a year) | $22 |
| Homeowners insurance (our estimate, 0.5% a year) | $69 |
| FHA mortgage insurance | $73 |
| Total per month | $1,259 |
Change the numbers in the calculator
Questions about home buying in Hammett
What is the median home value in Hammett?
About $165,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hammett?
Homeowners pay a median $270 a year, which is about 0.16% 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 Hammett?
For the median home with 20% down at 7.11%, the payment is about $983 a month. Keeping that under 28% of gross income takes about $42,123 a year.
More about Hammett
- Mortgage Refinance in Hammett
- Debt Relief in Hammett
- Home Equity Loans in Hammett
- 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