The typical owner-occupied home in Harker Heights is worth about $287,800, about the same as the Texas median of $283,800 and 13% below the national median of $332,700. Owners pay a median $3,743 a year in property taxes, about 1.30% of their home's value, lower than the Texas rate of 1.49%. The median household earns $81,190 a year, so the median home costs 3.5 times the median income (3.6 times for Texas). 62% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Harker Heights at a glance
| Harker Heights | Texas | U.S. | |
|---|---|---|---|
| Median home value | $287,800 | $283,800 | $332,700 |
| Median property tax paid per year | $3,743 | $4,232 | $3,119 |
| Property tax as a share of value | 1.30% | 1.49% | 0.94% |
| Median household income | $81,190 | $78,476 | $80,734 |
| Homes lived in by their owners | 62% | 63% | 65% |
| Owner homes with a mortgage | 69% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,926 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 23.1% | 21.7% | 21.0% |
| Median rent | $1,146 | $1,403 | $1,413 |
| Rent as a share of renters' income | 29.6% | 30.9% | 30.6% |
| Median year homes were built | 2001 | 1992 | 1980 |
| Vacant homes | 5.3% | 9.4% | 10.1% |
| Population | 34,128 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Harker Heights
At this week's average 30-year rate of 7.11%, buying the median Harker Heights home of $287,800 with 20% down costs about $1,981 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,460, 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 $84,880 for the 20%-down payment. That payment is 29% of the median Harker Heights household income of $81,190; at that income and 20% down, the 28% guideline points to a home of about $275,000.
The median rent here is $1,146 a month, so owning the median home costs about $835 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $57,560 |
|---|---|
| Loan amount | $230,240 |
| Principal and interest | $1,549 |
| Property taxes (1.30% a year) | $312 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| PMI | $0 |
| Total per month | $1,981 |
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| Down payment | $10,073 |
|---|---|
| Loan amount | $282,587 |
| Principal and interest | $1,901 |
| Property taxes (1.30% a year) | $312 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| FHA mortgage insurance | $127 |
| Total per month | $2,460 |
Change the numbers in the calculator
Questions about home buying in Harker Heights
What is the median home value in Harker Heights?
About $287,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harker Heights?
Homeowners pay a median $3,743 a year, which is about 1.30% 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 Harker Heights?
For the median home with 20% down at 7.11%, the payment is about $1,981 a month. Keeping that under 28% of gross income takes about $84,880 a year.
More about Harker Heights
- Mortgage Refinance in Harker Heights
- Debt Relief in Harker Heights
- Home Equity Loans in Harker Heights
- 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