The typical owner-occupied home in Kerby is worth about $241,000, 50% below the Oregon median of $477,600 and 28% below the national median of $332,700. Owners pay a median $2,467 a year in property taxes, about 1.02% of their home's value, higher than the Oregon rate of 0.81%. The median household earns $28,686 a year, so the median home costs 8.4 times the median income (5.8 times for Oregon). 83% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Kerby at a glance
| Kerby | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $241,000 | $477,600 | $332,700 |
| Median property tax paid per year | $2,467 | $3,876 | $3,119 |
| Property tax as a share of value | 1.02% | 0.81% | 0.94% |
| Median household income | $28,686 | $83,011 | $80,734 |
| Homes lived in by their owners | 83% | 63% | 65% |
| Owner homes with a mortgage | 45% | 65% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,157 | $1,963 |
| Median rent | – | $1,525 | $1,413 |
| Median year homes were built | 2002 | 1981 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 187 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Kerby
At this week's average 30-year rate of 7.11%, buying the median Kerby home of $241,000 with 20% down costs about $1,602 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,004, 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 $68,668 for the 20%-down payment. That payment is 67% of the median Kerby household income of $28,686; at that income and 20% down, the 28% guideline points to a home of about $101,000.
| Down payment | $48,200 |
|---|---|
| Loan amount | $192,800 |
| Principal and interest | $1,297 |
| Property taxes (1.02% a year) | $205 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| PMI | $0 |
| Total per month | $1,602 |
Change the numbers in the calculator
| Down payment | $8,435 |
|---|---|
| Loan amount | $236,635 |
| Principal and interest | $1,592 |
| Property taxes (1.02% a year) | $205 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| FHA mortgage insurance | $107 |
| Total per month | $2,004 |
Change the numbers in the calculator
Questions about home buying in Kerby
What is the median home value in Kerby?
About $241,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kerby?
Homeowners pay a median $2,467 a year, which is about 1.02% 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 Kerby?
For the median home with 20% down at 7.11%, the payment is about $1,602 a month. Keeping that under 28% of gross income takes about $68,668 a year.
More about Kerby
- Mortgage Refinance in Kerby
- Debt Relief in Kerby
- Home Equity Loans in Kerby
- 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