The typical owner-occupied home in Ponder is worth about $321,000, 13% above the Texas median of $283,800 and 4% below the national median of $332,700. Owners pay a median $5,742 a year in property taxes, about 1.79% of their home's value, higher than the Texas rate of 1.49%. The median household earns $106,250 a year, so the median home costs 3.0 times the median income (3.6 times for Texas). 88% of occupied homes here are lived in by their owners, and 78% of those owners still have a mortgage.
Ponder at a glance
| Ponder | Texas | U.S. | |
|---|---|---|---|
| Median home value | $321,000 | $283,800 | $332,700 |
| Median property tax paid per year | $5,742 | $4,232 | $3,119 |
| Property tax as a share of value | 1.79% | 1.49% | 0.94% |
| Median household income | $106,250 | $78,476 | $80,734 |
| Homes lived in by their owners | 88% | 63% | 65% |
| Owner homes with a mortgage | 78% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,193 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 23.3% | 21.7% | 21.0% |
| Median rent | $2,158 | $1,403 | $1,413 |
| Rent as a share of renters' income | 31.3% | 30.9% | 30.6% |
| Median year homes were built | 2008 | 1992 | 1980 |
| Vacant homes | 2.6% | 9.4% | 10.1% |
| Population | 2,626 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Ponder
At this week's average 30-year rate of 7.11%, buying the median Ponder home of $321,000 with 20% down costs about $2,340 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,875, 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 $100,290 for the 20%-down payment. That payment is 26% of the median Ponder household income of $106,250; at that income and 20% down, the 28% guideline points to a home of about $340,000.
The median rent here is $2,158 a month, so owning the median home costs about $182 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $64,200 |
|---|---|
| Loan amount | $256,800 |
| Principal and interest | $1,728 |
| Property taxes (1.79% a year) | $479 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| PMI | $0 |
| Total per month | $2,340 |
Change the numbers in the calculator
| Down payment | $11,235 |
|---|---|
| Loan amount | $315,186 |
| Principal and interest | $2,120 |
| Property taxes (1.79% a year) | $479 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| FHA mortgage insurance | $142 |
| Total per month | $2,875 |
Change the numbers in the calculator
Questions about home buying in Ponder
What is the median home value in Ponder?
About $321,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ponder?
Homeowners pay a median $5,742 a year, which is about 1.79% 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 Ponder?
For the median home with 20% down at 7.11%, the payment is about $2,340 a month. Keeping that under 28% of gross income takes about $100,290 a year.
More about Ponder
- Mortgage Refinance in Ponder
- Debt Relief in Ponder
- Home Equity Loans in Ponder
- 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