The typical owner-occupied home in Willard is worth about $451,300, 8% below the Utah median of $489,400 and 36% above the national median of $332,700. Owners pay a median $2,064 a year in property taxes, about 0.46% of their home's value, lower than the Utah rate of 0.52%. The median household earns $97,782 a year, so the median home costs 4.6 times the median income (5.1 times for Utah). 84% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Willard at a glance
| Willard | Utah | U.S. | |
|---|---|---|---|
| Median home value | $451,300 | $489,400 | $332,700 |
| Median property tax paid per year | $2,064 | $2,525 | $3,119 |
| Property tax as a share of value | 0.46% | 0.52% | 0.94% |
| Median household income | $97,782 | $95,166 | $80,734 |
| Homes lived in by their owners | 84% | 70% | 65% |
| Owner homes with a mortgage | 69% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,832 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 18.9% | 20.5% | 21.0% |
| Median rent | $1,648 | $1,496 | $1,413 |
| Rent as a share of renters' income | 32.5% | 28.9% | 30.6% |
| Median year homes were built | 1973 | 1992 | 1980 |
| Vacant homes | 1.1% | 8.1% | 10.1% |
| Population | 2,212 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Willard
At this week's average 30-year rate of 7.11%, buying the median Willard home of $451,300 with 20% down costs about $2,790 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,542, 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 $119,562 for the 20%-down payment. That payment is 34% of the median Willard household income of $97,782; at that income and 20% down, the 28% guideline points to a home of about $369,000.
The median rent here is $1,648 a month, so owning the median home costs about $1,142 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $90,260 |
|---|---|
| Loan amount | $361,040 |
| Principal and interest | $2,429 |
| Property taxes (0.46% a year) | $173 |
| Homeowners insurance (our estimate, 0.5% a year) | $188 |
| PMI | $0 |
| Total per month | $2,790 |
Change the numbers in the calculator
| Down payment | $15,796 |
|---|---|
| Loan amount | $443,126 |
| Principal and interest | $2,981 |
| Property taxes (0.46% a year) | $173 |
| Homeowners insurance (our estimate, 0.5% a year) | $188 |
| FHA mortgage insurance | $200 |
| Total per month | $3,542 |
Change the numbers in the calculator
Questions about home buying in Willard
What is the median home value in Willard?
About $451,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Willard?
Homeowners pay a median $2,064 a year, which is about 0.46% 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 Willard?
For the median home with 20% down at 7.11%, the payment is about $2,790 a month. Keeping that under 28% of gross income takes about $119,562 a year.
More about Willard
- Mortgage Refinance in Willard
- Debt Relief in Willard
- Home Equity Loans in Willard
- 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