The typical owner-occupied home in Groveton is worth about $104,700, 74% below the New Hampshire median of $402,500 and 69% below the national median of $332,700. Owners pay a median $2,543 a year in property taxes, about 2.43% of their home's value, higher than the New Hampshire rate of 1.66%. The median household earns $37,321 a year, so the median home costs 2.8 times the median income (4.1 times for New Hampshire). 66% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Groveton at a glance
| Groveton | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $104,700 | $402,500 | $332,700 |
| Median property tax paid per year | $2,543 | $6,667 | $3,119 |
| Property tax as a share of value | 2.43% | 1.66% | 0.94% |
| Median household income | $37,321 | $99,031 | $80,734 |
| Homes lived in by their owners | 66% | 73% | 65% |
| Owner homes with a mortgage | 38% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $1,122 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 17.9% | 21.9% | 21.0% |
| Median rent | $1,022 | $1,491 | $1,413 |
| Rent as a share of renters' income | 32.6% | 29.4% | 30.6% |
| Median year homes were built | 1938 | 1979 | 1980 |
| Vacant homes | 8.5% | 14.3% | 10.1% |
| Population | 834 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Groveton
At this week's average 30-year rate of 7.11%, buying the median Groveton home of $104,700 with 20% down costs about $819 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $994, 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 $35,104 for the 20%-down payment. That payment is 26% of the median Groveton household income of $37,321; at that income and 20% down, the 28% guideline points to a home of about $111,000.
The median rent here is $1,022 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $20,940 |
|---|---|
| Loan amount | $83,760 |
| Principal and interest | $563 |
| Property taxes (2.43% a year) | $212 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| PMI | $0 |
| Total per month | $819 |
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| Down payment | $3,664 |
|---|---|
| Loan amount | $102,804 |
| Principal and interest | $692 |
| Property taxes (2.43% a year) | $212 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| FHA mortgage insurance | $46 |
| Total per month | $994 |
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Questions about home buying in Groveton
What is the median home value in Groveton?
About $104,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Groveton?
Homeowners pay a median $2,543 a year, which is about 2.43% 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 Groveton?
For the median home with 20% down at 7.11%, the payment is about $819 a month. Keeping that under 28% of gross income takes about $35,104 a year.
More about Groveton
- Mortgage Refinance in Groveton
- Debt Relief in Groveton
- Home Equity Loans in Groveton
- 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