The typical owner-occupied home in Geronimo is worth about $245,500, 13% below the Texas median of $283,800 and 26% below the national median of $332,700. Owners pay a median $2,602 a year in property taxes, about 1.06% of their home's value, lower than the Texas rate of 1.49%. The median household earns $72,045 a year, so the median home costs 3.4 times the median income (3.6 times for Texas). 82% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Geronimo at a glance
| Geronimo | Texas | U.S. | |
|---|---|---|---|
| Median home value | $245,500 | $283,800 | $332,700 |
| Median property tax paid per year | $2,602 | $4,232 | $3,119 |
| Property tax as a share of value | 1.06% | 1.49% | 0.94% |
| Median household income | $72,045 | $78,476 | $80,734 |
| Homes lived in by their owners | 82% | 63% | 65% |
| Owner homes with a mortgage | 50% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,863 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 21.7% | 21.0% |
| Median rent | $1,412 | $1,403 | $1,413 |
| Rent as a share of renters' income | 27.4% | 30.9% | 30.6% |
| Median year homes were built | 2004 | 1992 | 1980 |
| Vacant homes | 0.0% | 9.4% | 10.1% |
| Population | 1,507 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Geronimo
At this week's average 30-year rate of 7.11%, buying the median Geronimo home of $245,500 with 20% down costs about $1,640 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,049, 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 $70,301 for the 20%-down payment. That payment is 27% of the median Geronimo household income of $72,045; at that income and 20% down, the 28% guideline points to a home of about $252,000.
The median rent here is $1,412 a month, so owning the median home costs about $228 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $49,100 |
|---|---|
| Loan amount | $196,400 |
| Principal and interest | $1,321 |
| Property taxes (1.06% a year) | $217 |
| Homeowners insurance (our estimate, 0.5% a year) | $102 |
| PMI | $0 |
| Total per month | $1,640 |
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| Down payment | $8,592 |
|---|---|
| Loan amount | $241,053 |
| Principal and interest | $1,622 |
| Property taxes (1.06% a year) | $217 |
| Homeowners insurance (our estimate, 0.5% a year) | $102 |
| FHA mortgage insurance | $109 |
| Total per month | $2,049 |
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Questions about home buying in Geronimo
What is the median home value in Geronimo?
About $245,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Geronimo?
Homeowners pay a median $2,602 a year, which is about 1.06% 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 Geronimo?
For the median home with 20% down at 7.11%, the payment is about $1,640 a month. Keeping that under 28% of gross income takes about $70,301 a year.
More about Geronimo
- Mortgage Refinance in Geronimo
- Debt Relief in Geronimo
- Home Equity Loans in Geronimo
- 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