The typical owner-occupied home in Frisco is worth about $439,600, 52% above the North Carolina median of $288,900 and 32% above the national median of $332,700. Owners pay a median $2,405 a year in property taxes, about 0.55% of their home's value, lower than the North Carolina rate of 0.66%. The median household earns $43,846 a year, so the median home costs 10.0 times the median income (4.0 times for North Carolina). 100% of occupied homes here are lived in by their owners, and 27% of those owners still have a mortgage.
Frisco at a glance
| Frisco | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $439,600 | $288,900 | $332,700 |
| Median property tax paid per year | $2,405 | $1,896 | $3,119 |
| Property tax as a share of value | 0.55% | 0.66% | 0.94% |
| Median household income | $43,846 | $72,388 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 27% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,979 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 48.7% | 19.4% | 21.0% |
| Median rent | – | $1,228 | $1,413 |
| Median year homes were built | 1989 | 1991 | 1980 |
| Vacant homes | 51.4% | 12.5% | 10.1% |
| Population | 664 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Frisco
At this week's average 30-year rate of 7.11%, buying the median Frisco home of $439,600 with 20% down costs about $2,750 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,483, 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 $117,875 for the 20%-down payment. That payment is 75% of the median Frisco household income of $43,846; at that income and 20% down, the 28% guideline points to a home of about $164,000.
| Down payment | $87,920 |
|---|---|
| Loan amount | $351,680 |
| Principal and interest | $2,366 |
| Property taxes (0.55% a year) | $201 |
| Homeowners insurance (our estimate, 0.5% a year) | $183 |
| PMI | $0 |
| Total per month | $2,750 |
Change the numbers in the calculator
| Down payment | $15,386 |
|---|---|
| Loan amount | $431,638 |
| Principal and interest | $2,904 |
| Property taxes (0.55% a year) | $201 |
| Homeowners insurance (our estimate, 0.5% a year) | $183 |
| FHA mortgage insurance | $194 |
| Total per month | $3,483 |
Change the numbers in the calculator
Questions about home buying in Frisco
What is the median home value in Frisco?
About $439,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Frisco?
Homeowners pay a median $2,405 a year, which is about 0.55% 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 Frisco?
For the median home with 20% down at 7.11%, the payment is about $2,750 a month. Keeping that under 28% of gross income takes about $117,875 a year.
More about Frisco
- Mortgage Refinance in Frisco
- Debt Relief in Frisco
- Home Equity Loans in Frisco
- 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