The typical owner-occupied home in Cheshire County is worth about $280,100, 30% below the New Hampshire median of $402,500 and 16% below the national median of $332,700. Owners pay a median $6,048 a year in property taxes, about 2.16% of their home's value, higher than the New Hampshire rate of 1.66%. The median household earns $83,329 a year, so the median home costs 3.4 times the median income (4.1 times for New Hampshire). 73% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Cheshire County at a glance
| Cheshire County | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $280,100 | $402,500 | $332,700 |
| Median property tax paid per year | $6,048 | $6,667 | $3,119 |
| Property tax as a share of value | 2.16% | 1.66% | 0.94% |
| Median household income | $83,329 | $99,031 | $80,734 |
| Homes lived in by their owners | 73% | 73% | 65% |
| Owner homes with a mortgage | 59% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,947 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 22.6% | 21.9% | 21.0% |
| Median rent | $1,276 | $1,491 | $1,413 |
| Rent as a share of renters' income | 29.5% | 29.4% | 30.6% |
| Median year homes were built | 1972 | 1979 | 1980 |
| Vacant homes | 14.7% | 14.3% | 10.1% |
| Population | 77,297 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Cheshire County
At this week's average 30-year rate of 7.11%, buying the median Cheshire County home of $280,100 with 20% down costs about $2,128 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,595, 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 $91,212 for the 20%-down payment. That payment is 31% of the median Cheshire County household income of $83,329; at that income and 20% down, the 28% guideline points to a home of about $256,000.
The median rent here is $1,276 a month, so owning the median home costs about $852 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $56,020 |
|---|---|
| Loan amount | $224,080 |
| Principal and interest | $1,507 |
| Property taxes (2.16% a year) | $504 |
| Homeowners insurance (our estimate, 0.5% a year) | $117 |
| PMI | $0 |
| Total per month | $2,128 |
Change the numbers in the calculator
| Down payment | $9,804 |
|---|---|
| Loan amount | $275,027 |
| Principal and interest | $1,850 |
| Property taxes (2.16% a year) | $504 |
| Homeowners insurance (our estimate, 0.5% a year) | $117 |
| FHA mortgage insurance | $124 |
| Total per month | $2,595 |
Change the numbers in the calculator
Questions about home buying in Cheshire County
What is the median home value in Cheshire County?
About $280,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cheshire County?
Homeowners pay a median $6,048 a year, which is about 2.16% 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 Cheshire County?
For the median home with 20% down at 7.11%, the payment is about $2,128 a month. Keeping that under 28% of gross income takes about $91,212 a year.
More about Cheshire County
- Mortgage Refinance in Cheshire County
- Debt Relief in Cheshire County
- Home Equity Loans in Cheshire County
- 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