The typical owner-occupied home in Mesquite is worth about $388,600, 11% below the Nevada median of $435,400 and 17% above the national median of $332,700. Owners pay a median $2,278 a year in property taxes, about 0.59% of their home's value, higher than the Nevada rate of 0.47%. The median household earns $75,227 a year, so the median home costs 5.2 times the median income (5.6 times for Nevada). 81% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Mesquite at a glance
| Mesquite | Nevada | U.S. | |
|---|---|---|---|
| Median home value | $388,600 | $435,400 | $332,700 |
| Median property tax paid per year | $2,278 | $2,027 | $3,119 |
| Property tax as a share of value | 0.59% | 0.47% | 0.94% |
| Median household income | $75,227 | $78,260 | $80,734 |
| Homes lived in by their owners | 81% | 60% | 65% |
| Owner homes with a mortgage | 50% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $1,615 | $1,932 | $1,963 |
| Those costs as a share of the owners' income | 22.6% | 22.3% | 21.0% |
| Median rent | $1,181 | $1,597 | $1,413 |
| Rent as a share of renters' income | 28.5% | 33.1% | 30.6% |
| Median year homes were built | 2004 | 1996 | 1980 |
| Vacant homes | 19.5% | 9.3% | 10.1% |
| Population | 22,059 | 3,184,612 | 334,922,499 |
What a typical home costs per month in Mesquite
At this week's average 30-year rate of 7.11%, buying the median Mesquite home of $388,600 with 20% down costs about $2,444 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,092, 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 $104,755 for the 20%-down payment. That payment is 39% of the median Mesquite household income of $75,227; at that income and 20% down, the 28% guideline points to a home of about $279,000.
The median rent here is $1,181 a month, so owning the median home costs about $1,263 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $77,720 |
|---|---|
| Loan amount | $310,880 |
| Principal and interest | $2,091 |
| Property taxes (0.59% a year) | $191 |
| Homeowners insurance (our estimate, 0.5% a year) | $162 |
| PMI | $0 |
| Total per month | $2,444 |
Change the numbers in the calculator
| Down payment | $13,601 |
|---|---|
| Loan amount | $381,561 |
| Principal and interest | $2,567 |
| Property taxes (0.59% a year) | $191 |
| Homeowners insurance (our estimate, 0.5% a year) | $162 |
| FHA mortgage insurance | $172 |
| Total per month | $3,092 |
Change the numbers in the calculator
Questions about home buying in Mesquite
What is the median home value in Mesquite?
About $388,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mesquite?
Homeowners pay a median $2,278 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 Mesquite?
For the median home with 20% down at 7.11%, the payment is about $2,444 a month. Keeping that under 28% of gross income takes about $104,755 a year.
More about Mesquite
- Mortgage Refinance in Mesquite
- Debt Relief in Mesquite
- Home Equity Loans in Mesquite
- 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