The typical owner-occupied home in Concho County is worth about $107,400, 62% below the Texas median of $283,800 and 68% below the national median of $332,700. Owners pay a median $1,799 a year in property taxes, about 1.68% of their home's value, higher than the Texas rate of 1.49%. The median household earns $65,795 a year, so the median home costs 1.6 times the median income (3.6 times for Texas). 80% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.
Concho County at a glance
| Concho County | Texas | U.S. | |
|---|---|---|---|
| Median home value | $107,400 | $283,800 | $332,700 |
| Median property tax paid per year | $1,799 | $4,232 | $3,119 |
| Property tax as a share of value | 1.68% | 1.49% | 0.94% |
| Median household income | $65,795 | $78,476 | $80,734 |
| Homes lived in by their owners | 80% | 63% | 65% |
| Owner homes with a mortgage | 24% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,305 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 25.3% | 21.7% | 21.0% |
| Median rent | $733 | $1,403 | $1,413 |
| Rent as a share of renters' income | 25.8% | 30.9% | 30.6% |
| Median year homes were built | 1973 | 1992 | 1980 |
| Vacant homes | 42.4% | 9.4% | 10.1% |
| Population | 3,328 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Concho County
At this week's average 30-year rate of 7.11%, buying the median Concho County home of $107,400 with 20% down costs about $773 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $952, 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 $33,133 for the 20%-down payment. That payment is 14% of the median Concho County household income of $65,795; at that income and 20% down, the 28% guideline points to a home of about $213,000.
The median rent here is $733 a month, so owning the median home costs about $40 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $21,480 |
|---|---|
| Loan amount | $85,920 |
| Principal and interest | $578 |
| Property taxes (1.68% a year) | $150 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| PMI | $0 |
| Total per month | $773 |
Change the numbers in the calculator
| Down payment | $3,759 |
|---|---|
| Loan amount | $105,455 |
| Principal and interest | $709 |
| Property taxes (1.68% a year) | $150 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| FHA mortgage insurance | $48 |
| Total per month | $952 |
Change the numbers in the calculator
Questions about home buying in Concho County
What is the median home value in Concho County?
About $107,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Concho County?
Homeowners pay a median $1,799 a year, which is about 1.68% 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 Concho County?
For the median home with 20% down at 7.11%, the payment is about $773 a month. Keeping that under 28% of gross income takes about $33,133 a year.
More about Concho County
- Mortgage Refinance in Concho County
- Debt Relief in Concho County
- Home Equity Loans in Concho 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