The typical owner-occupied home in Garland is worth about $360,400, 26% below the Utah median of $489,400 and 8% above the national median of $332,700. Owners pay a median $1,847 a year in property taxes, about 0.51% of their home's value, close to the Utah rate of 0.52%. The median household earns $74,375 a year, so the median home costs 4.8 times the median income (5.1 times for Utah). 64% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Garland at a glance
| Garland | Utah | U.S. | |
|---|---|---|---|
| Median home value | $360,400 | $489,400 | $332,700 |
| Median property tax paid per year | $1,847 | $2,525 | $3,119 |
| Property tax as a share of value | 0.51% | 0.52% | 0.94% |
| Median household income | $74,375 | $95,166 | $80,734 |
| Homes lived in by their owners | 64% | 70% | 65% |
| Owner homes with a mortgage | 68% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,804 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 23.9% | 20.5% | 21.0% |
| Median rent | $868 | $1,496 | $1,413 |
| Rent as a share of renters' income | 51.0% | 28.9% | 30.6% |
| Median year homes were built | 1992 | 1992 | 1980 |
| Vacant homes | 9.2% | 8.1% | 10.1% |
| Population | 2,660 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Garland
At this week's average 30-year rate of 7.11%, buying the median Garland home of $360,400 with 20% down costs about $2,243 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,843, 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 $96,124 for the 20%-down payment. That payment is 36% of the median Garland household income of $74,375; at that income and 20% down, the 28% guideline points to a home of about $279,000.
The median rent here is $868 a month, so owning the median home costs about $1,375 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $72,080 |
|---|---|
| Loan amount | $288,320 |
| Principal and interest | $1,940 |
| Property taxes (0.51% a year) | $153 |
| Homeowners insurance (our estimate, 0.5% a year) | $150 |
| PMI | $0 |
| Total per month | $2,243 |
Change the numbers in the calculator
| Down payment | $12,614 |
|---|---|
| Loan amount | $353,872 |
| Principal and interest | $2,381 |
| Property taxes (0.51% a year) | $153 |
| Homeowners insurance (our estimate, 0.5% a year) | $150 |
| FHA mortgage insurance | $159 |
| Total per month | $2,843 |
Change the numbers in the calculator
Questions about home buying in Garland
What is the median home value in Garland?
About $360,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Garland?
Homeowners pay a median $1,847 a year, which is about 0.51% 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 Garland?
For the median home with 20% down at 7.11%, the payment is about $2,243 a month. Keeping that under 28% of gross income takes about $96,124 a year.
More about Garland
- Mortgage Refinance in Garland
- Debt Relief in Garland
- Home Equity Loans in Garland
- 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