The typical owner-occupied home in Easthampton is worth about $371,500, 34% below the Massachusetts median of $562,100 and 12% above the national median of $332,700. Owners pay a median $4,932 a year in property taxes, about 1.33% of their home's value, higher than the Massachusetts rate of 1.07%. The median household earns $71,673 a year, so the median home costs 5.2 times the median income (5.4 times for Massachusetts). 58% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Easthampton at a glance
| Easthampton | Massachusetts | U.S. | |
|---|---|---|---|
| Median home value | $371,500 | $562,100 | $332,700 |
| Median property tax paid per year | $4,932 | $5,992 | $3,119 |
| Property tax as a share of value | 1.33% | 1.07% | 0.94% |
| Median household income | $71,673 | $103,960 | $80,734 |
| Homes lived in by their owners | 58% | 63% | 65% |
| Owner homes with a mortgage | 62% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,123 | $2,726 | $1,963 |
| Those costs as a share of the owners' income | 26.5% | 21.9% | 21.0% |
| Median rent | $1,292 | $1,762 | $1,413 |
| Rent as a share of renters' income | 28.8% | 30.9% | 30.6% |
| Median year homes were built | 1966 | 1964 | 1980 |
| Vacant homes | 6.8% | 8.1% | 10.1% |
| Population | 16,086 | 7,044,056 | 334,922,499 |
What a typical home costs per month in Easthampton
At this week's average 30-year rate of 7.11%, buying the median Easthampton home of $371,500 with 20% down costs about $2,566 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,185, 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 $109,964 for the 20%-down payment. That payment is 43% of the median Easthampton household income of $71,673; at that income and 20% down, the 28% guideline points to a home of about $242,000.
The median rent here is $1,292 a month, so owning the median home costs about $1,274 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $74,300 |
|---|---|
| Loan amount | $297,200 |
| Principal and interest | $1,999 |
| Property taxes (1.33% a year) | $412 |
| Homeowners insurance (our estimate, 0.5% a year) | $155 |
| PMI | $0 |
| Total per month | $2,566 |
Change the numbers in the calculator
| Down payment | $13,002 |
|---|---|
| Loan amount | $364,771 |
| Principal and interest | $2,454 |
| Property taxes (1.33% a year) | $412 |
| Homeowners insurance (our estimate, 0.5% a year) | $155 |
| FHA mortgage insurance | $164 |
| Total per month | $3,185 |
Change the numbers in the calculator
Questions about home buying in Easthampton
What is the median home value in Easthampton?
About $371,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Easthampton?
Homeowners pay a median $4,932 a year, which is about 1.33% 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 Easthampton?
For the median home with 20% down at 7.11%, the payment is about $2,566 a month. Keeping that under 28% of gross income takes about $109,964 a year.
More about Easthampton
- Mortgage Refinance in Easthampton
- Debt Relief in Easthampton
- Home Equity Loans in Easthampton
- 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