The typical owner-occupied home in Armstrong County is worth about $171,500, 40% below the Texas median of $283,800 and 48% below the national median of $332,700. Owners pay a median $2,111 a year in property taxes, about 1.23% of their home's value, lower than the Texas rate of 1.49%. The median household earns $72,750 a year, so the median home costs 2.4 times the median income (3.6 times for Texas). 80% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Armstrong County at a glance
| Armstrong County | Texas | U.S. | |
|---|---|---|---|
| Median home value | $171,500 | $283,800 | $332,700 |
| Median property tax paid per year | $2,111 | $4,232 | $3,119 |
| Property tax as a share of value | 1.23% | 1.49% | 0.94% |
| Median household income | $72,750 | $78,476 | $80,734 |
| Homes lived in by their owners | 80% | 63% | 65% |
| Owner homes with a mortgage | 43% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,377 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 16.4% | 21.7% | 21.0% |
| Median rent | $1,021 | $1,403 | $1,413 |
| Rent as a share of renters' income | 19.8% | 30.9% | 30.6% |
| Median year homes were built | 1965 | 1992 | 1980 |
| Vacant homes | 13.4% | 9.4% | 10.1% |
| Population | 1,822 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Armstrong County
At this week's average 30-year rate of 7.11%, buying the median Armstrong County home of $171,500 with 20% down costs about $1,170 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,456, 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 $50,151 for the 20%-down payment. That payment is 19% of the median Armstrong County household income of $72,750; at that income and 20% down, the 28% guideline points to a home of about $249,000.
The median rent here is $1,021 a month, so owning the median home costs about $149 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,300 |
|---|---|
| Loan amount | $137,200 |
| Principal and interest | $923 |
| Property taxes (1.23% a year) | $176 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| PMI | $0 |
| Total per month | $1,170 |
Change the numbers in the calculator
| Down payment | $6,002 |
|---|---|
| Loan amount | $168,394 |
| Principal and interest | $1,133 |
| Property taxes (1.23% a year) | $176 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| FHA mortgage insurance | $76 |
| Total per month | $1,456 |
Change the numbers in the calculator
Questions about home buying in Armstrong County
What is the median home value in Armstrong County?
About $171,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Armstrong County?
Homeowners pay a median $2,111 a year, which is about 1.23% 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 Armstrong County?
For the median home with 20% down at 7.11%, the payment is about $1,170 a month. Keeping that under 28% of gross income takes about $50,151 a year.
More about Armstrong County
- Mortgage Refinance in Armstrong County
- Debt Relief in Armstrong County
- Home Equity Loans in Armstrong County
- 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