The typical owner-occupied home in Cherokee County is worth about $169,300, 40% below the Texas median of $283,800 and 49% below the national median of $332,700. Owners pay a median $1,963 a year in property taxes, about 1.16% of their home's value, lower than the Texas rate of 1.49%. The median household earns $61,261 a year, so the median home costs 2.8 times the median income (3.6 times for Texas). 74% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Cherokee County at a glance
| Cherokee County | Texas | U.S. | |
|---|---|---|---|
| Median home value | $169,300 | $283,800 | $332,700 |
| Median property tax paid per year | $1,963 | $4,232 | $3,119 |
| Property tax as a share of value | 1.16% | 1.49% | 0.94% |
| Median household income | $61,261 | $78,476 | $80,734 |
| Homes lived in by their owners | 74% | 63% | 65% |
| Owner homes with a mortgage | 37% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,593 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 23.4% | 21.7% | 21.0% |
| Median rent | $933 | $1,403 | $1,413 |
| Rent as a share of renters' income | 25.6% | 30.9% | 30.6% |
| Median year homes were built | 1987 | 1992 | 1980 |
| Vacant homes | 13.6% | 9.4% | 10.1% |
| Population | 51,886 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Cherokee County
At this week's average 30-year rate of 7.11%, buying the median Cherokee County home of $169,300 with 20% down costs about $1,145 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,427, 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 $49,085 for the 20%-down payment. That payment is 22% of the median Cherokee County household income of $61,261; at that income and 20% down, the 28% guideline points to a home of about $211,000.
The median rent here is $933 a month, so owning the median home costs about $212 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,860 |
|---|---|
| Loan amount | $135,440 |
| Principal and interest | $911 |
| Property taxes (1.16% a year) | $164 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| PMI | $0 |
| Total per month | $1,145 |
Change the numbers in the calculator
| Down payment | $5,926 |
|---|---|
| Loan amount | $166,234 |
| Principal and interest | $1,118 |
| Property taxes (1.16% a year) | $164 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| FHA mortgage insurance | $75 |
| Total per month | $1,427 |
Change the numbers in the calculator
Questions about home buying in Cherokee County
What is the median home value in Cherokee County?
About $169,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cherokee County?
Homeowners pay a median $1,963 a year, which is about 1.16% 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 Cherokee County?
For the median home with 20% down at 7.11%, the payment is about $1,145 a month. Keeping that under 28% of gross income takes about $49,085 a year.
More about Cherokee County
- Mortgage Refinance in Cherokee County
- Debt Relief in Cherokee County
- Home Equity Loans in Cherokee 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