The typical owner-occupied home in Archer City is worth about $138,900, 51% below the Texas median of $283,800 and 58% below the national median of $332,700. Owners pay a median $2,419 a year in property taxes, about 1.74% of their home's value, higher than the Texas rate of 1.49%. The median household earns $52,500 a year, so the median home costs 2.6 times the median income (3.6 times for Texas). 78% of occupied homes here are lived in by their owners, and 27% of those owners still have a mortgage.
Archer City at a glance
| Archer City | Texas | U.S. | |
|---|---|---|---|
| Median home value | $138,900 | $283,800 | $332,700 |
| Median property tax paid per year | $2,419 | $4,232 | $3,119 |
| Property tax as a share of value | 1.74% | 1.49% | 0.94% |
| Median household income | $52,500 | $78,476 | $80,734 |
| Homes lived in by their owners | 78% | 63% | 65% |
| Owner homes with a mortgage | 27% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,158 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 19.3% | 21.7% | 21.0% |
| Median rent | $531 | $1,403 | $1,413 |
| Rent as a share of renters' income | 24.0% | 30.9% | 30.6% |
| Median year homes were built | 1965 | 1992 | 1980 |
| Vacant homes | 18.7% | 9.4% | 10.1% |
| Population | 1,233 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Archer City
At this week's average 30-year rate of 7.11%, buying the median Archer City home of $138,900 with 20% down costs about $1,007 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,238, 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 $43,148 for the 20%-down payment. That payment is 23% of the median Archer City household income of $52,500; at that income and 20% down, the 28% guideline points to a home of about $169,000.
The median rent here is $531 a month, so owning the median home costs about $476 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $27,780 |
|---|---|
| Loan amount | $111,120 |
| Principal and interest | $748 |
| Property taxes (1.74% a year) | $201 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| PMI | $0 |
| Total per month | $1,007 |
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| Down payment | $4,862 |
|---|---|
| Loan amount | $136,384 |
| Principal and interest | $917 |
| Property taxes (1.74% a year) | $201 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| FHA mortgage insurance | $61 |
| Total per month | $1,238 |
Change the numbers in the calculator
Questions about home buying in Archer City
What is the median home value in Archer City?
About $138,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Archer City?
Homeowners pay a median $2,419 a year, which is about 1.74% 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 Archer City?
For the median home with 20% down at 7.11%, the payment is about $1,007 a month. Keeping that under 28% of gross income takes about $43,148 a year.
More about Archer City
- Mortgage Refinance in Archer City
- Debt Relief in Archer City
- Home Equity Loans in Archer City
- 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