The typical owner-occupied home in Bear River City is worth about $433,100, 12% below the Utah median of $489,400 and 30% above the national median of $332,700. Owners pay a median $1,812 a year in property taxes, about 0.42% of their home's value, lower than the Utah rate of 0.52%. The median household earns $97,895 a year, so the median home costs 4.4 times the median income (5.1 times for Utah). 90% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Bear River City at a glance
| Bear River City | Utah | U.S. | |
|---|---|---|---|
| Median home value | $433,100 | $489,400 | $332,700 |
| Median property tax paid per year | $1,812 | $2,525 | $3,119 |
| Property tax as a share of value | 0.42% | 0.52% | 0.94% |
| Median household income | $97,895 | $95,166 | $80,734 |
| Homes lived in by their owners | 90% | 70% | 65% |
| Owner homes with a mortgage | 57% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,443 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 19.7% | 20.5% | 21.0% |
| Median rent | $1,125 | $1,496 | $1,413 |
| Rent as a share of renters' income | 27.5% | 28.9% | 30.6% |
| Median year homes were built | 1981 | 1992 | 1980 |
| Vacant homes | 2.2% | 8.1% | 10.1% |
| Population | 867 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Bear River City
At this week's average 30-year rate of 7.11%, buying the median Bear River City home of $433,100 with 20% down costs about $2,663 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,384, 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 $114,121 for the 20%-down payment. That payment is 33% of the median Bear River City household income of $97,895; at that income and 20% down, the 28% guideline points to a home of about $372,000.
The median rent here is $1,125 a month, so owning the median home costs about $1,538 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $86,620 |
|---|---|
| Loan amount | $346,480 |
| Principal and interest | $2,331 |
| Property taxes (0.42% a year) | $152 |
| Homeowners insurance (our estimate, 0.5% a year) | $180 |
| PMI | $0 |
| Total per month | $2,663 |
Change the numbers in the calculator
| Down payment | $15,158 |
|---|---|
| Loan amount | $425,255 |
| Principal and interest | $2,861 |
| Property taxes (0.42% a year) | $152 |
| Homeowners insurance (our estimate, 0.5% a year) | $180 |
| FHA mortgage insurance | $192 |
| Total per month | $3,384 |
Change the numbers in the calculator
Questions about home buying in Bear River City
What is the median home value in Bear River City?
About $433,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bear River City?
Homeowners pay a median $1,812 a year, which is about 0.42% 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 Bear River City?
For the median home with 20% down at 7.11%, the payment is about $2,663 a month. Keeping that under 28% of gross income takes about $114,121 a year.
More about Bear River City
- Mortgage Refinance in Bear River City
- Debt Relief in Bear River City
- Home Equity Loans in Bear River City
- 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