The typical owner-occupied home in Hatch is worth about $291,700, 40% below the Utah median of $489,400 and 12% below the national median of $332,700. Owners pay a median $1,045 a year in property taxes, about 0.36% of their home's value, lower than the Utah rate of 0.52%. The median household earns $83,750 a year, so the median home costs 3.5 times the median income (5.1 times for Utah). 93% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Hatch at a glance
| Hatch | Utah | U.S. | |
|---|---|---|---|
| Median home value | $291,700 | $489,400 | $332,700 |
| Median property tax paid per year | $1,045 | $2,525 | $3,119 |
| Property tax as a share of value | 0.36% | 0.52% | 0.94% |
| Median household income | $83,750 | $95,166 | $80,734 |
| Homes lived in by their owners | 93% | 70% | 65% |
| Owner homes with a mortgage | 57% | 69% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 22.7% | 20.5% | 21.0% |
| Median rent | – | $1,496 | $1,413 |
| Median year homes were built | 1969 | 1992 | 1980 |
| Vacant homes | 49.5% | 8.1% | 10.1% |
| Population | 165 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Hatch
At this week's average 30-year rate of 7.11%, buying the median Hatch home of $291,700 with 20% down costs about $1,779 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,265, 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 $76,238 for the 20%-down payment. That payment is 25% of the median Hatch household income of $83,750; at that income and 20% down, the 28% guideline points to a home of about $320,000.
| Down payment | $58,340 |
|---|---|
| Loan amount | $233,360 |
| Principal and interest | $1,570 |
| Property taxes (0.36% a year) | $88 |
| Homeowners insurance (our estimate, 0.5% a year) | $122 |
| PMI | $0 |
| Total per month | $1,779 |
Change the numbers in the calculator
| Down payment | $10,210 |
|---|---|
| Loan amount | $286,417 |
| Principal and interest | $1,927 |
| Property taxes (0.36% a year) | $88 |
| Homeowners insurance (our estimate, 0.5% a year) | $122 |
| FHA mortgage insurance | $129 |
| Total per month | $2,265 |
Change the numbers in the calculator
Questions about home buying in Hatch
What is the median home value in Hatch?
About $291,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hatch?
Homeowners pay a median $1,045 a year, which is about 0.36% 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 Hatch?
For the median home with 20% down at 7.11%, the payment is about $1,779 a month. Keeping that under 28% of gross income takes about $76,238 a year.
More about Hatch
- Mortgage Refinance in Hatch
- Debt Relief in Hatch
- Home Equity Loans in Hatch
- 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