The typical owner-occupied home in Cannonville is worth about $331,800, 32% below the Utah median of $489,400 and about the same as the national median of $332,700. Owners pay a median $1,354 a year in property taxes, about 0.41% of their home's value, lower than the Utah rate of 0.52%. 78% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Cannonville at a glance
| Cannonville | Utah | U.S. | |
|---|---|---|---|
| Median home value | $331,800 | $489,400 | $332,700 |
| Median property tax paid per year | $1,354 | $2,525 | $3,119 |
| Property tax as a share of value | 0.41% | 0.52% | 0.94% |
| Median household income | – | $95,166 | $80,734 |
| Homes lived in by their owners | 78% | 70% | 65% |
| Owner homes with a mortgage | 38% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,923 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 20.7% | 20.5% | 21.0% |
| Median rent | – | $1,496 | $1,413 |
| Rent as a share of renters' income | 41.7% | 28.9% | 30.6% |
| Median year homes were built | 1976 | 1992 | 1980 |
| Vacant homes | 21.4% | 8.1% | 10.1% |
| Population | 228 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Cannonville
At this week's average 30-year rate of 7.11%, buying the median Cannonville home of $331,800 with 20% down costs about $2,037 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,590, 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 $87,311 for the 20%-down payment.
| Down payment | $66,360 |
|---|---|
| Loan amount | $265,440 |
| Principal and interest | $1,786 |
| Property taxes (0.41% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $138 |
| PMI | $0 |
| Total per month | $2,037 |
Change the numbers in the calculator
| Down payment | $11,613 |
|---|---|
| Loan amount | $325,790 |
| Principal and interest | $2,192 |
| Property taxes (0.41% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $138 |
| FHA mortgage insurance | $147 |
| Total per month | $2,590 |
Change the numbers in the calculator
Questions about home buying in Cannonville
What is the median home value in Cannonville?
About $331,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cannonville?
Homeowners pay a median $1,354 a year, which is about 0.41% 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 Cannonville?
For the median home with 20% down at 7.11%, the payment is about $2,037 a month. Keeping that under 28% of gross income takes about $87,311 a year.
More about Cannonville
- Mortgage Refinance in Cannonville
- Debt Relief in Cannonville
- Home Equity Loans in Cannonville
- 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