The typical owner-occupied home in Hansen is worth about $220,200, 47% below the Idaho median of $418,600 and 34% below the national median of $332,700. Owners pay a median $1,302 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 $50,083 a year, so the median home costs 4.4 times the median income (5.4 times for Idaho). 64% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.
Hansen at a glance
| Hansen | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $220,200 | $418,600 | $332,700 |
| Median property tax paid per year | $1,302 | $2,038 | $3,119 |
| Property tax as a share of value | 0.59% | 0.49% | 0.94% |
| Median household income | $50,083 | $77,800 | $80,734 |
| Homes lived in by their owners | 64% | 72% | 65% |
| Owner homes with a mortgage | 61% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,176 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 20.7% | 21.0% |
| Median rent | $788 | $1,238 | $1,413 |
| Rent as a share of renters' income | 23.8% | 28.7% | 30.6% |
| Median year homes were built | 1975 | 1991 | 1980 |
| Vacant homes | 1.4% | 10.3% | 10.1% |
| Population | 1,225 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Hansen
At this week's average 30-year rate of 7.11%, buying the median Hansen home of $220,200 with 20% down costs about $1,385 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,752, 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 $59,360 for the 20%-down payment. That payment is 33% of the median Hansen household income of $50,083; at that income and 20% down, the 28% guideline points to a home of about $186,000.
The median rent here is $788 a month, so owning the median home costs about $597 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $44,040 |
|---|---|
| Loan amount | $176,160 |
| Principal and interest | $1,185 |
| Property taxes (0.59% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| PMI | $0 |
| Total per month | $1,385 |
Change the numbers in the calculator
| Down payment | $7,707 |
|---|---|
| Loan amount | $216,212 |
| Principal and interest | $1,454 |
| Property taxes (0.59% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| FHA mortgage insurance | $97 |
| Total per month | $1,752 |
Change the numbers in the calculator
Questions about home buying in Hansen
What is the median home value in Hansen?
About $220,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hansen?
Homeowners pay a median $1,302 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 Hansen?
For the median home with 20% down at 7.11%, the payment is about $1,385 a month. Keeping that under 28% of gross income takes about $59,360 a year.
More about Hansen
- Mortgage Refinance in Hansen
- Debt Relief in Hansen
- Home Equity Loans in Hansen
- 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