The typical owner-occupied home in Wallsburg is worth about $477,500, about the same as the Utah median of $489,400 and 44% above the national median of $332,700. Owners pay a median $1,907 a year in property taxes, about 0.40% of their home's value, lower than the Utah rate of 0.52%. The median household earns $107,292 a year, so the median home costs 4.5 times the median income (5.1 times for Utah). 96% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Wallsburg at a glance
| Wallsburg | Utah | U.S. | |
|---|---|---|---|
| Median home value | $477,500 | $489,400 | $332,700 |
| Median property tax paid per year | $1,907 | $2,525 | $3,119 |
| Property tax as a share of value | 0.40% | 0.52% | 0.94% |
| Median household income | $107,292 | $95,166 | $80,734 |
| Homes lived in by their owners | 96% | 70% | 65% |
| Owner homes with a mortgage | 53% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,193 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 20.5% | 21.0% |
| Median rent | – | $1,496 | $1,413 |
| Median year homes were built | 1974 | 1992 | 1980 |
| Vacant homes | 0.0% | 8.1% | 10.1% |
| Population | 305 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Wallsburg
At this week's average 30-year rate of 7.11%, buying the median Wallsburg home of $477,500 with 20% down costs about $2,928 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,723, 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 $125,480 for the 20%-down payment. That payment is 33% of the median Wallsburg household income of $107,292; at that income and 20% down, the 28% guideline points to a home of about $408,000.
| Down payment | $95,500 |
|---|---|
| Loan amount | $382,000 |
| Principal and interest | $2,570 |
| Property taxes (0.40% a year) | $159 |
| Homeowners insurance (our estimate, 0.5% a year) | $199 |
| PMI | $0 |
| Total per month | $2,928 |
Change the numbers in the calculator
| Down payment | $16,712 |
|---|---|
| Loan amount | $468,851 |
| Principal and interest | $3,154 |
| Property taxes (0.40% a year) | $159 |
| Homeowners insurance (our estimate, 0.5% a year) | $199 |
| FHA mortgage insurance | $211 |
| Total per month | $3,723 |
Change the numbers in the calculator
Questions about home buying in Wallsburg
What is the median home value in Wallsburg?
About $477,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wallsburg?
Homeowners pay a median $1,907 a year, which is about 0.40% 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 Wallsburg?
For the median home with 20% down at 7.11%, the payment is about $2,928 a month. Keeping that under 28% of gross income takes about $125,480 a year.
More about Wallsburg
- Mortgage Refinance in Wallsburg
- Debt Relief in Wallsburg
- Home Equity Loans in Wallsburg
- 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