The typical owner-occupied home in Hamshire is worth about $202,600, 29% below the Texas median of $283,800 and 39% below the national median of $332,700. The median household earns $102,800 a year, so the median home costs 2.0 times the median income (3.6 times for Texas). 92% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.
Hamshire at a glance
| Hamshire | Texas | U.S. | |
|---|---|---|---|
| Median home value | $202,600 | $283,800 | $332,700 |
| Median property tax paid per year | – | $4,232 | $3,119 |
| Median household income | $102,800 | $78,476 | $80,734 |
| Homes lived in by their owners | 92% | 63% | 65% |
| Owner homes with a mortgage | 44% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,379 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 20.7% | 21.7% | 21.0% |
| Median rent | – | $1,403 | $1,413 |
| Median year homes were built | 1995 | 1992 | 1980 |
| Vacant homes | 8.6% | 9.4% | 10.1% |
| Population | 1,388 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Hamshire
At this week's average 30-year rate of 7.11%, buying the median Hamshire home of $202,600 with 20% down costs about $1,360 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,698, 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 $58,305 for the 20%-down payment. That payment is 16% of the median Hamshire household income of $102,800; at that income and 20% down, the 28% guideline points to a home of about $357,000.
| Down payment | $40,520 |
|---|---|
| Loan amount | $162,080 |
| Principal and interest | $1,090 |
| Property taxes (1.10% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $84 |
| PMI | $0 |
| Total per month | $1,360 |
Change the numbers in the calculator
| Down payment | $7,091 |
|---|---|
| Loan amount | $198,930 |
| Principal and interest | $1,338 |
| Property taxes (1.10% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $84 |
| FHA mortgage insurance | $90 |
| Total per month | $1,698 |
Change the numbers in the calculator
Questions about home buying in Hamshire
What is the median home value in Hamshire?
About $202,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Hamshire?
For the median home with 20% down at 7.11%, the payment is about $1,360 a month. Keeping that under 28% of gross income takes about $58,305 a year.
More about Hamshire
- Mortgage Refinance in Hamshire
- Debt Relief in Hamshire
- Home Equity Loans in Hamshire
- 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