The typical owner-occupied home in Mount Calm is worth about $111,700, 61% below the Texas median of $283,800 and 66% below the national median of $332,700. Owners pay a median $1,222 a year in property taxes, about 1.09% of their home's value, lower than the Texas rate of 1.49%. The median household earns $49,934 a year, so the median home costs 2.2 times the median income (3.6 times for Texas). 73% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
Mount Calm at a glance
| Mount Calm | Texas | U.S. | |
|---|---|---|---|
| Median home value | $111,700 | $283,800 | $332,700 |
| Median property tax paid per year | $1,222 | $4,232 | $3,119 |
| Property tax as a share of value | 1.09% | 1.49% | 0.94% |
| Median household income | $49,934 | $78,476 | $80,734 |
| Homes lived in by their owners | 73% | 63% | 65% |
| Owner homes with a mortgage | 46% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $865 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 22.7% | 21.7% | 21.0% |
| Median rent | $1,143 | $1,403 | $1,413 |
| Rent as a share of renters' income | 31.5% | 30.9% | 30.6% |
| Median year homes were built | 1992 | 1992 | 1980 |
| Vacant homes | 12.3% | 9.4% | 10.1% |
| Population | 439 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Mount Calm
At this week's average 30-year rate of 7.11%, buying the median Mount Calm home of $111,700 with 20% down costs about $749 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $935, 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 $32,106 for the 20%-down payment. That payment is 18% of the median Mount Calm household income of $49,934; at that income and 20% down, the 28% guideline points to a home of about $174,000.
The median rent here is $1,143 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $22,340 |
|---|---|
| Loan amount | $89,360 |
| Principal and interest | $601 |
| Property taxes (1.09% a year) | $101 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| PMI | $0 |
| Total per month | $749 |
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| Down payment | $3,910 |
|---|---|
| Loan amount | $109,677 |
| Principal and interest | $738 |
| Property taxes (1.09% a year) | $101 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| FHA mortgage insurance | $49 |
| Total per month | $935 |
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Questions about home buying in Mount Calm
What is the median home value in Mount Calm?
About $111,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mount Calm?
Homeowners pay a median $1,222 a year, which is about 1.09% 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 Mount Calm?
For the median home with 20% down at 7.11%, the payment is about $749 a month. Keeping that under 28% of gross income takes about $32,106 a year.
More about Mount Calm
- Mortgage Refinance in Mount Calm
- Debt Relief in Mount Calm
- Home Equity Loans in Mount Calm
- 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