The typical owner-occupied home in Ward County is worth about $150,700, 47% below the Texas median of $283,800 and 55% below the national median of $332,700. Owners pay a median $965 a year in property taxes, about 0.64% of their home's value, lower than the Texas rate of 1.49%. The median household earns $65,952 a year, so the median home costs 2.3 times the median income (3.6 times for Texas). 79% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.
Ward County at a glance
| Ward County | Texas | U.S. | |
|---|---|---|---|
| Median home value | $150,700 | $283,800 | $332,700 |
| Median property tax paid per year | $965 | $4,232 | $3,119 |
| Property tax as a share of value | 0.64% | 1.49% | 0.94% |
| Median household income | $65,952 | $78,476 | $80,734 |
| Homes lived in by their owners | 79% | 63% | 65% |
| Owner homes with a mortgage | 29% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,649 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 20.3% | 21.7% | 21.0% |
| Median rent | $1,118 | $1,403 | $1,413 |
| Rent as a share of renters' income | 26.1% | 30.9% | 30.6% |
| Median year homes were built | 1973 | 1992 | 1980 |
| Vacant homes | 15.0% | 9.4% | 10.1% |
| Population | 11,144 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Ward County
At this week's average 30-year rate of 7.11%, buying the median Ward County home of $150,700 with 20% down costs about $954 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,205, 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 $40,893 for the 20%-down payment. That payment is 17% of the median Ward County household income of $65,952; at that income and 20% down, the 28% guideline points to a home of about $243,000.
The median rent here is $1,118 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $30,140 |
|---|---|
| Loan amount | $120,560 |
| Principal and interest | $811 |
| Property taxes (0.64% a year) | $80 |
| Homeowners insurance (our estimate, 0.5% a year) | $63 |
| PMI | $0 |
| Total per month | $954 |
Change the numbers in the calculator
| Down payment | $5,274 |
|---|---|
| Loan amount | $147,970 |
| Principal and interest | $995 |
| Property taxes (0.64% a year) | $80 |
| Homeowners insurance (our estimate, 0.5% a year) | $63 |
| FHA mortgage insurance | $67 |
| Total per month | $1,205 |
Change the numbers in the calculator
Questions about home buying in Ward County
What is the median home value in Ward County?
About $150,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ward County?
Homeowners pay a median $965 a year, which is about 0.64% 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 Ward County?
For the median home with 20% down at 7.11%, the payment is about $954 a month. Keeping that under 28% of gross income takes about $40,893 a year.
More about Ward County
- Mortgage Refinance in Ward County
- Debt Relief in Ward County
- Home Equity Loans in Ward County
- 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