The typical owner-occupied home in Southworth is worth about $647,300, 15% above the Washington median of $564,600 and 95% above the national median of $332,700. Owners pay a median $5,307 a year in property taxes, about 0.82% of their home's value, close to the Washington rate of 0.81%. The median household earns $123,281 a year, so the median home costs 5.3 times the median income (5.8 times for Washington). 86% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Southworth at a glance
| Southworth | Washington | U.S. | |
|---|---|---|---|
| Median home value | $647,300 | $564,600 | $332,700 |
| Median property tax paid per year | $5,307 | $4,556 | $3,119 |
| Property tax as a share of value | 0.82% | 0.81% | 0.94% |
| Median household income | $123,281 | $98,141 | $80,734 |
| Homes lived in by their owners | 86% | 64% | 65% |
| Owner homes with a mortgage | 66% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,330 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 23.4% | 22.2% | 21.0% |
| Median rent | $1,990 | $1,760 | $1,413 |
| Rent as a share of renters' income | 18.6% | 30.0% | 30.6% |
| Median year homes were built | 1991 | 1985 | 1980 |
| Vacant homes | 8.5% | 7.3% | 10.1% |
| Population | 2,286 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Southworth
At this week's average 30-year rate of 7.11%, buying the median Southworth home of $647,300 with 20% down costs about $4,196 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,274, 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 $179,810 for the 20%-down payment. That payment is 41% of the median Southworth household income of $123,281; at that income and 20% down, the 28% guideline points to a home of about $444,000.
The median rent here is $1,990 a month, so owning the median home costs about $2,206 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $129,460 |
|---|---|
| Loan amount | $517,840 |
| Principal and interest | $3,484 |
| Property taxes (0.82% a year) | $442 |
| Homeowners insurance (our estimate, 0.5% a year) | $270 |
| PMI | $0 |
| Total per month | $4,196 |
Change the numbers in the calculator
| Down payment | $22,656 |
|---|---|
| Loan amount | $635,576 |
| Principal and interest | $4,276 |
| Property taxes (0.82% a year) | $442 |
| Homeowners insurance (our estimate, 0.5% a year) | $270 |
| FHA mortgage insurance | $286 |
| Total per month | $5,274 |
Change the numbers in the calculator
Questions about home buying in Southworth
What is the median home value in Southworth?
About $647,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Southworth?
Homeowners pay a median $5,307 a year, which is about 0.82% 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 Southworth?
For the median home with 20% down at 7.11%, the payment is about $4,196 a month. Keeping that under 28% of gross income takes about $179,810 a year.
More about Southworth
- Mortgage Refinance in Southworth
- Debt Relief in Southworth
- Home Equity Loans in Southworth
- 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