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Buying a home in Minersville, Utah

The typical owner-occupied home in Minersville is worth about $309,600, 37% below the Utah median of $489,400 and 7% below the national median of $332,700. Owners pay a median $1,028 a year in property taxes, about 0.33% of their home's value, lower than the Utah rate of 0.52%. The median household earns $73,750 a year, so the median home costs 4.2 times the median income (5.1 times for Utah). 97% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.

Minersville at a glance

Minersville Utah U.S.
Median home value $309,600 $489,400 $332,700
Median property tax paid per year $1,028 $2,525 $3,119
Property tax as a share of value 0.33% 0.52% 0.94%
Median household income $73,750 $95,166 $80,734
Homes lived in by their owners 97% 70% 65%
Owner homes with a mortgage 65% 69% 61%
Median monthly costs, owners with a mortgage $1,275 $2,009 $1,963
Those costs as a share of the owners' income 21.6% 20.5% 21.0%
Median rent – $1,496 $1,413
Median year homes were built 1985 1992 1980
Vacant homes 11.3% 8.1% 10.1%
Population 873 3,392,331 334,922,499

What a typical home costs per month in Minersville

At this week's average 30-year rate of 7.11%, buying the median Minersville home of $309,600 with 20% down costs about $1,880 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,396, 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 $80,584 for the 20%-down payment. That payment is 31% of the median Minersville household income of $73,750; at that income and 20% down, the 28% guideline points to a home of about $283,000.

20% down, 30-year conventional loan
Down payment$61,920
Loan amount$247,680
Principal and interest$1,666
Property taxes (0.33% a year)$85
Homeowners insurance (our estimate, 0.5% a year)$129
PMI$0
Total per month$1,880

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3.5% down, 30-year FHA loan
Down payment$10,836
Loan amount$303,992
Principal and interest$2,045
Property taxes (0.33% a year)$85
Homeowners insurance (our estimate, 0.5% a year)$129
FHA mortgage insurance$137
Total per month$2,396

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Questions about home buying in Minersville

What is the median home value in Minersville?

About $309,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Minersville?

Homeowners pay a median $1,028 a year, which is about 0.33% 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 Minersville?

For the median home with 20% down at 7.11%, the payment is about $1,880 a month. Keeping that under 28% of gross income takes about $80,584 a year.

More about Minersville

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