The typical owner-occupied home in Francestown is worth about $366,700, 9% below the New Hampshire median of $402,500 and 10% above the national median of $332,700. Owners pay a median $7,500 a year in property taxes, about 2.05% of their home's value, higher than the New Hampshire rate of 1.66%. The median household earns $138,438 a year, so the median home costs 2.6 times the median income (4.1 times for New Hampshire). 95% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Francestown at a glance
| Francestown | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $366,700 | $402,500 | $332,700 |
| Median property tax paid per year | $7,500 | $6,667 | $3,119 |
| Property tax as a share of value | 2.05% | 1.66% | 0.94% |
| Median household income | $138,438 | $99,031 | $80,734 |
| Homes lived in by their owners | 95% | 73% | 65% |
| Owner homes with a mortgage | 38% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,673 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 25.4% | 21.9% | 21.0% |
| Median rent | – | $1,491 | $1,413 |
| Median year homes were built | 1938 | 1979 | 1980 |
| Vacant homes | 13.7% | 14.3% | 10.1% |
| Population | 133 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Francestown
At this week's average 30-year rate of 7.11%, buying the median Francestown home of $366,700 with 20% down costs about $2,753 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,364, 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 $117,972 for the 20%-down payment. That payment is 24% of the median Francestown household income of $138,438; at that income and 20% down, the 28% guideline points to a home of about $430,000.
| Down payment | $73,340 |
|---|---|
| Loan amount | $293,360 |
| Principal and interest | $1,973 |
| Property taxes (2.05% a year) | $626 |
| Homeowners insurance (our estimate, 0.5% a year) | $153 |
| PMI | $0 |
| Total per month | $2,753 |
Change the numbers in the calculator
| Down payment | $12,834 |
|---|---|
| Loan amount | $360,058 |
| Principal and interest | $2,422 |
| Property taxes (2.05% a year) | $626 |
| Homeowners insurance (our estimate, 0.5% a year) | $153 |
| FHA mortgage insurance | $162 |
| Total per month | $3,364 |
Change the numbers in the calculator
Questions about home buying in Francestown
What is the median home value in Francestown?
About $366,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Francestown?
Homeowners pay a median $7,500 a year, which is about 2.05% 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 Francestown?
For the median home with 20% down at 7.11%, the payment is about $2,753 a month. Keeping that under 28% of gross income takes about $117,972 a year.
More about Francestown
- Mortgage Refinance in Francestown
- Debt Relief in Francestown
- Home Equity Loans in Francestown
- 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