The typical owner-occupied home in Blum is worth about $68,500, 76% below the Texas median of $283,800 and 79% below the national median of $332,700. Owners pay a median $1,278 a year in property taxes, about 1.87% of their home's value, higher than the Texas rate of 1.49%. The median household earns $53,750 a year, so the median home costs 1.3 times the median income (3.6 times for Texas). 89% of occupied homes here are lived in by their owners, and 32% of those owners still have a mortgage.
Blum at a glance
| Blum | Texas | U.S. | |
|---|---|---|---|
| Median home value | $68,500 | $283,800 | $332,700 |
| Median property tax paid per year | $1,278 | $4,232 | $3,119 |
| Property tax as a share of value | 1.87% | 1.49% | 0.94% |
| Median household income | $53,750 | $78,476 | $80,734 |
| Homes lived in by their owners | 89% | 63% | 65% |
| Owner homes with a mortgage | 32% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,301 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 36.3% | 21.7% | 21.0% |
| Median rent | – | $1,403 | $1,413 |
| Rent as a share of renters' income | 25.0% | 30.9% | 30.6% |
| Median year homes were built | 1987 | 1992 | 1980 |
| Vacant homes | 20.3% | 9.4% | 10.1% |
| Population | 336 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Blum
At this week's average 30-year rate of 7.11%, buying the median Blum home of $68,500 with 20% down costs about $504 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $618, 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 $21,597 for the 20%-down payment. That payment is 11% of the median Blum household income of $53,750; at that income and 20% down, the 28% guideline points to a home of about $170,000.
| Down payment | $13,700 |
|---|---|
| Loan amount | $54,800 |
| Principal and interest | $369 |
| Property taxes (1.87% a year) | $107 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| PMI | $0 |
| Total per month | $504 |
Change the numbers in the calculator
| Down payment | $2,398 |
|---|---|
| Loan amount | $67,259 |
| Principal and interest | $452 |
| Property taxes (1.87% a year) | $107 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| FHA mortgage insurance | $30 |
| Total per month | $618 |
Change the numbers in the calculator
Questions about home buying in Blum
What is the median home value in Blum?
About $68,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Blum?
Homeowners pay a median $1,278 a year, which is about 1.87% 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 Blum?
For the median home with 20% down at 7.11%, the payment is about $504 a month. Keeping that under 28% of gross income takes about $21,597 a year.
More about Blum
- Mortgage Refinance in Blum
- Debt Relief in Blum
- Home Equity Loans in Blum
- 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