The typical owner-occupied home in Port Orchard is worth about $539,700, 4% below the Washington median of $564,600 and 62% above the national median of $332,700. Owners pay a median $3,992 a year in property taxes, about 0.74% of their home's value, lower than the Washington rate of 0.81%. The median household earns $89,795 a year, so the median home costs 6.0 times the median income (5.8 times for Washington). 62% of occupied homes here are lived in by their owners, and 81% of those owners still have a mortgage.
Port Orchard at a glance
| Port Orchard | Washington | U.S. | |
|---|---|---|---|
| Median home value | $539,700 | $564,600 | $332,700 |
| Median property tax paid per year | $3,992 | $4,556 | $3,119 |
| Property tax as a share of value | 0.74% | 0.81% | 0.94% |
| Median household income | $89,795 | $98,141 | $80,734 |
| Homes lived in by their owners | 62% | 64% | 65% |
| Owner homes with a mortgage | 81% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,359 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 25.7% | 22.2% | 21.0% |
| Median rent | $1,797 | $1,760 | $1,413 |
| Rent as a share of renters' income | 32.1% | 30.0% | 30.6% |
| Median year homes were built | 1999 | 1985 | 1980 |
| Vacant homes | 7.9% | 7.3% | 10.1% |
| Population | 17,149 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Port Orchard
At this week's average 30-year rate of 7.11%, buying the median Port Orchard home of $539,700 with 20% down costs about $3,462 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,361, 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 $148,379 for the 20%-down payment. That payment is 46% of the median Port Orchard household income of $89,795; at that income and 20% down, the 28% guideline points to a home of about $327,000.
The median rent here is $1,797 a month, so owning the median home costs about $1,665 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $107,940 |
|---|---|
| Loan amount | $431,760 |
| Principal and interest | $2,904 |
| Property taxes (0.74% a year) | $333 |
| Homeowners insurance (our estimate, 0.5% a year) | $225 |
| PMI | $0 |
| Total per month | $3,462 |
Change the numbers in the calculator
| Down payment | $18,890 |
|---|---|
| Loan amount | $529,925 |
| Principal and interest | $3,565 |
| Property taxes (0.74% a year) | $333 |
| Homeowners insurance (our estimate, 0.5% a year) | $225 |
| FHA mortgage insurance | $239 |
| Total per month | $4,361 |
Change the numbers in the calculator
Questions about home buying in Port Orchard
What is the median home value in Port Orchard?
About $539,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Port Orchard?
Homeowners pay a median $3,992 a year, which is about 0.74% 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 Port Orchard?
For the median home with 20% down at 7.11%, the payment is about $3,462 a month. Keeping that under 28% of gross income takes about $148,379 a year.
More about Port Orchard
- Mortgage Refinance in Port Orchard
- Debt Relief in Port Orchard
- Home Equity Loans in Port Orchard
- 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