The typical owner-occupied home in Vega Alta Municipio is worth about $140,700, 7% above the Puerto Rico median of $131,500 and 58% below the national median of $332,700. Owners pay a median $877 a year in property taxes, about 0.62% of their home's value, higher than the Puerto Rico rate of 0.49%. The median household earns $25,538 a year, so the median home costs 5.5 times the median income (5.0 times for Puerto Rico). 69% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Vega Alta Municipio at a glance
| Vega Alta Municipio | Puerto Rico | U.S. | |
|---|---|---|---|
| Median home value | $140,700 | $131,500 | $332,700 |
| Median property tax paid per year | $877 | $646 | $3,119 |
| Property tax as a share of value | 0.62% | 0.49% | 0.94% |
| Median household income | $25,538 | $26,297 | $80,734 |
| Homes lived in by their owners | 69% | 68% | 65% |
| Owner homes with a mortgage | 35% | 37% | 61% |
| Median monthly costs, owners with a mortgage | $1,034 | $946 | $1,963 |
| Those costs as a share of the owners' income | 24.1% | 24.1% | 21.0% |
| Median rent | $667 | $578 | $1,413 |
| Rent as a share of renters' income | 39.2% | 30.4% | 30.6% |
| Median year homes were built | 1986 | 1979 | 1980 |
| Vacant homes | 17.8% | 21.0% | 10.1% |
| Population | 34,921 | 3,234,309 | 334,922,499 |
What a typical home costs per month in Vega Alta Municipio
At this week's average 30-year rate of 7.11%, buying the median Vega Alta Municipio home of $140,700 with 20% down costs about $889 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,123, 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 $38,079 for the 20%-down payment. That payment is 42% of the median Vega Alta Municipio household income of $25,538; at that income and 20% down, the 28% guideline points to a home of about $94,000.
The median rent here is $667 a month, so owning the median home costs about $222 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $28,140 |
|---|---|
| Loan amount | $112,560 |
| Principal and interest | $757 |
| Property taxes (0.62% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| PMI | $0 |
| Total per month | $889 |
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| Down payment | $4,924 |
|---|---|
| Loan amount | $138,152 |
| Principal and interest | $929 |
| Property taxes (0.62% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| FHA mortgage insurance | $62 |
| Total per month | $1,123 |
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Questions about home buying in Vega Alta Municipio
What is the median home value in Vega Alta Municipio?
About $140,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Vega Alta Municipio?
Homeowners pay a median $877 a year, which is about 0.62% 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 Vega Alta Municipio?
For the median home with 20% down at 7.11%, the payment is about $889 a month. Keeping that under 28% of gross income takes about $38,079 a year.
More about Vega Alta Municipio
- Mortgage Refinance in Vega Alta Municipio
- Debt Relief in Vega Alta Municipio
- Home Equity Loans in Vega Alta Municipio
- 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