The typical owner-occupied home in Santa Clara is worth about $558,100, 14% above the Utah median of $489,400 and 68% above the national median of $332,700. Owners pay a median $2,193 a year in property taxes, about 0.39% of their home's value, lower than the Utah rate of 0.52%. The median household earns $96,475 a year, so the median home costs 5.8 times the median income (5.1 times for Utah). 78% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Santa Clara at a glance
| Santa Clara | Utah | U.S. | |
|---|---|---|---|
| Median home value | $558,100 | $489,400 | $332,700 |
| Median property tax paid per year | $2,193 | $2,525 | $3,119 |
| Property tax as a share of value | 0.39% | 0.52% | 0.94% |
| Median household income | $96,475 | $95,166 | $80,734 |
| Homes lived in by their owners | 78% | 70% | 65% |
| Owner homes with a mortgage | 72% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,989 | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 20.3% | 20.5% | 21.0% |
| Median rent | $1,907 | $1,496 | $1,413 |
| Rent as a share of renters' income | 40.5% | 28.9% | 30.6% |
| Median year homes were built | 2004 | 1992 | 1980 |
| Vacant homes | 15.4% | 8.1% | 10.1% |
| Population | 8,152 | 3,392,331 | 334,922,499 |
What a typical home costs per month in Santa Clara
At this week's average 30-year rate of 7.11%, buying the median Santa Clara home of $558,100 with 20% down costs about $3,417 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,347, 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 $146,461 for the 20%-down payment. That payment is 43% of the median Santa Clara household income of $96,475; at that income and 20% down, the 28% guideline points to a home of about $368,000.
The median rent here is $1,907 a month, so owning the median home costs about $1,510 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $111,620 |
|---|---|
| Loan amount | $446,480 |
| Principal and interest | $3,004 |
| Property taxes (0.39% a year) | $181 |
| Homeowners insurance (our estimate, 0.5% a year) | $233 |
| PMI | $0 |
| Total per month | $3,417 |
Change the numbers in the calculator
| Down payment | $19,534 |
|---|---|
| Loan amount | $547,991 |
| Principal and interest | $3,686 |
| Property taxes (0.39% a year) | $181 |
| Homeowners insurance (our estimate, 0.5% a year) | $233 |
| FHA mortgage insurance | $247 |
| Total per month | $4,347 |
Change the numbers in the calculator
Questions about home buying in Santa Clara
What is the median home value in Santa Clara?
About $558,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Santa Clara?
Homeowners pay a median $2,193 a year, which is about 0.39% 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 Santa Clara?
For the median home with 20% down at 7.11%, the payment is about $3,417 a month. Keeping that under 28% of gross income takes about $146,461 a year.
More about Santa Clara
- Mortgage Refinance in Santa Clara
- Debt Relief in Santa Clara
- Home Equity Loans in Santa Clara
- 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