The typical owner-occupied home in Linn is worth about $66,200, 77% below the Texas median of $283,800 and 80% below the national median of $332,700. Owners pay a median $1,130 a year in property taxes, about 1.71% of their home's value, higher than the Texas rate of 1.49%. The median household earns $69,821 a year, so the median home costs 0.9 times the median income (3.6 times for Texas). 86% of occupied homes here are lived in by their owners, and 13% of those owners still have a mortgage.
Linn at a glance
| Linn | Texas | U.S. | |
|---|---|---|---|
| Median home value | $66,200 | $283,800 | $332,700 |
| Median property tax paid per year | $1,130 | $4,232 | $3,119 |
| Property tax as a share of value | 1.71% | 1.49% | 0.94% |
| Median household income | $69,821 | $78,476 | $80,734 |
| Homes lived in by their owners | 86% | 63% | 65% |
| Owner homes with a mortgage | 13% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,169 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 36.6% | 21.7% | 21.0% |
| Median rent | $1,328 | $1,403 | $1,413 |
| Median year homes were built | 1993 | 1992 | 1980 |
| Vacant homes | 25.8% | 9.4% | 10.1% |
| Population | 801 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Linn
At this week's average 30-year rate of 7.11%, buying the median Linn home of $66,200 with 20% down costs about $478 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $588, 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 $20,494 for the 20%-down payment. That payment is 8% of the median Linn household income of $69,821; at that income and 20% down, the 28% guideline points to a home of about $226,000.
The median rent here is $1,328 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $13,240 |
|---|---|
| Loan amount | $52,960 |
| Principal and interest | $356 |
| Property taxes (1.71% a year) | $94 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| PMI | $0 |
| Total per month | $478 |
Change the numbers in the calculator
| Down payment | $2,317 |
|---|---|
| Loan amount | $65,001 |
| Principal and interest | $437 |
| Property taxes (1.71% a year) | $94 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| FHA mortgage insurance | $29 |
| Total per month | $588 |
Change the numbers in the calculator
Questions about home buying in Linn
What is the median home value in Linn?
About $66,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Linn?
Homeowners pay a median $1,130 a year, which is about 1.71% 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 Linn?
For the median home with 20% down at 7.11%, the payment is about $478 a month. Keeping that under 28% of gross income takes about $20,494 a year.
More about Linn
- Mortgage Refinance in Linn
- Debt Relief in Linn
- Home Equity Loans in Linn
- 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