The typical owner-occupied home in Colebrook is worth about $156,700, 61% below the New Hampshire median of $402,500 and 53% below the national median of $332,700. Owners pay a median $3,480 a year in property taxes, about 2.22% of their home's value, higher than the New Hampshire rate of 1.66%. The median household earns $46,833 a year, so the median home costs 3.3 times the median income (4.1 times for New Hampshire). 54% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Colebrook at a glance
| Colebrook | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $156,700 | $402,500 | $332,700 |
| Median property tax paid per year | $3,480 | $6,667 | $3,119 |
| Property tax as a share of value | 2.22% | 1.66% | 0.94% |
| Median household income | $46,833 | $99,031 | $80,734 |
| Homes lived in by their owners | 54% | 73% | 65% |
| Owner homes with a mortgage | 43% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,747 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 22.5% | 21.9% | 21.0% |
| Median rent | $750 | $1,491 | $1,413 |
| Rent as a share of renters' income | 30.1% | 29.4% | 30.6% |
| Median year homes were built | 1953 | 1979 | 1980 |
| Vacant homes | 10.0% | 14.3% | 10.1% |
| Population | 1,268 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Colebrook
At this week's average 30-year rate of 7.11%, buying the median Colebrook home of $156,700 with 20% down costs about $1,198 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,460, 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 $51,364 for the 20%-down payment. That payment is 31% of the median Colebrook household income of $46,833; at that income and 20% down, the 28% guideline points to a home of about $143,000.
The median rent here is $750 a month, so owning the median home costs about $448 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $31,340 |
|---|---|
| Loan amount | $125,360 |
| Principal and interest | $843 |
| Property taxes (2.22% a year) | $290 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| PMI | $0 |
| Total per month | $1,198 |
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| Down payment | $5,484 |
|---|---|
| Loan amount | $153,862 |
| Principal and interest | $1,035 |
| Property taxes (2.22% a year) | $290 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| FHA mortgage insurance | $69 |
| Total per month | $1,460 |
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Questions about home buying in Colebrook
What is the median home value in Colebrook?
About $156,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Colebrook?
Homeowners pay a median $3,480 a year, which is about 2.22% 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 Colebrook?
For the median home with 20% down at 7.11%, the payment is about $1,198 a month. Keeping that under 28% of gross income takes about $51,364 a year.
More about Colebrook
- Mortgage Refinance in Colebrook
- Debt Relief in Colebrook
- Home Equity Loans in Colebrook
- 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