The typical owner-occupied home in Great Bend is worth about $172,600, 59% below the New York median of $423,800 and 48% below the national median of $332,700. Owners pay a median $2,728 a year in property taxes, about 1.58% of their home's value, close to the New York rate of 1.55%. 57% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Great Bend at a glance
| Great Bend | New York | U.S. | |
|---|---|---|---|
| Median home value | $172,600 | $423,800 | $332,700 |
| Median property tax paid per year | $2,728 | $6,582 | $3,119 |
| Property tax as a share of value | 1.58% | 1.55% | 0.94% |
| Median household income | – | $85,974 | $80,734 |
| Homes lived in by their owners | 57% | 54% | 65% |
| Owner homes with a mortgage | 71% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,545 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 20.4% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1982 | 1959 | 1980 |
| Vacant homes | 0.0% | 10.0% | 10.1% |
| Population | 938 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Great Bend
At this week's average 30-year rate of 7.11%, buying the median Great Bend home of $172,600 with 20% down costs about $1,228 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,516, 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 $52,630 for the 20%-down payment.
| Down payment | $34,520 |
|---|---|
| Loan amount | $138,080 |
| Principal and interest | $929 |
| Property taxes (1.58% a year) | $227 |
| Homeowners insurance (our estimate, 0.5% a year) | $72 |
| PMI | $0 |
| Total per month | $1,228 |
Change the numbers in the calculator
| Down payment | $6,041 |
|---|---|
| Loan amount | $169,474 |
| Principal and interest | $1,140 |
| Property taxes (1.58% a year) | $227 |
| Homeowners insurance (our estimate, 0.5% a year) | $72 |
| FHA mortgage insurance | $76 |
| Total per month | $1,516 |
Change the numbers in the calculator
Questions about home buying in Great Bend
What is the median home value in Great Bend?
About $172,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Great Bend?
Homeowners pay a median $2,728 a year, which is about 1.58% 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 Great Bend?
For the median home with 20% down at 7.11%, the payment is about $1,228 a month. Keeping that under 28% of gross income takes about $52,630 a year.
More about Great Bend
- Mortgage Refinance in Great Bend
- Debt Relief in Great Bend
- Home Equity Loans in Great Bend
- 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