The typical owner-occupied home in Charlestown is worth about $119,800, 70% below the New Hampshire median of $402,500 and 64% below the national median of $332,700. Owners pay a median $4,889 a year in property taxes, about 4.08% of their home's value, higher than the New Hampshire rate of 1.66%. The median household earns $31,078 a year, so the median home costs 3.9 times the median income (4.1 times for New Hampshire). 63% of occupied homes here are lived in by their owners, and 18% of those owners still have a mortgage.
Charlestown at a glance
| Charlestown | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $119,800 | $402,500 | $332,700 |
| Median property tax paid per year | $4,889 | $6,667 | $3,119 |
| Property tax as a share of value | 4.08% | 1.66% | 0.94% |
| Median household income | $31,078 | $99,031 | $80,734 |
| Homes lived in by their owners | 63% | 73% | 65% |
| Owner homes with a mortgage | 18% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,648 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 26.5% | 21.9% | 21.0% |
| Median rent | $1,082 | $1,491 | $1,413 |
| Median year homes were built | 1938 | 1979 | 1980 |
| Vacant homes | 40.4% | 14.3% | 10.1% |
| Population | 659 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Charlestown
At this week's average 30-year rate of 7.11%, buying the median Charlestown home of $119,800 with 20% down costs about $1,102 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,302, 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 $47,227 for the 20%-down payment. That payment is 43% of the median Charlestown household income of $31,078; at that income and 20% down, the 28% guideline points to a home of about $79,000.
The median rent here is $1,082 a month, so owning the median home costs about $20 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,960 |
|---|---|
| Loan amount | $95,840 |
| Principal and interest | $645 |
| Property taxes (4.08% a year) | $407 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $1,102 |
Change the numbers in the calculator
| Down payment | $4,193 |
|---|---|
| Loan amount | $117,630 |
| Principal and interest | $791 |
| Property taxes (4.08% a year) | $407 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $1,302 |
Change the numbers in the calculator
Questions about home buying in Charlestown
What is the median home value in Charlestown?
About $119,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Charlestown?
Homeowners pay a median $4,889 a year, which is about 4.08% 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 Charlestown?
For the median home with 20% down at 7.11%, the payment is about $1,102 a month. Keeping that under 28% of gross income takes about $47,227 a year.
More about Charlestown
- Mortgage Refinance in Charlestown
- Debt Relief in Charlestown
- Home Equity Loans in Charlestown
- 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