The typical owner-occupied home in Roosevelt is worth about $108,300, 81% below the Washington median of $564,600 and 67% below the national median of $332,700. Owners pay a median $425 a year in property taxes, about 0.39% of their home's value, lower than the Washington rate of 0.81%. The median household earns $52,188 a year, so the median home costs 2.1 times the median income (5.8 times for Washington). 29% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Roosevelt at a glance
| Roosevelt | Washington | U.S. | |
|---|---|---|---|
| Median home value | $108,300 | $564,600 | $332,700 |
| Median property tax paid per year | $425 | $4,556 | $3,119 |
| Property tax as a share of value | 0.39% | 0.81% | 0.94% |
| Median household income | $52,188 | $98,141 | $80,734 |
| Homes lived in by their owners | 29% | 64% | 65% |
| Owner homes with a mortgage | 43% | 66% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,445 | $1,963 |
| Median rent | $1,144 | $1,760 | $1,413 |
| Rent as a share of renters' income | 29.8% | 30.0% | 30.6% |
| Median year homes were built | 2002 | 1985 | 1980 |
| Vacant homes | 19.7% | 7.3% | 10.1% |
| Population | 200 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Roosevelt
At this week's average 30-year rate of 7.11%, buying the median Roosevelt home of $108,300 with 20% down costs about $663 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $844, 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 $28,421 for the 20%-down payment. That payment is 15% of the median Roosevelt household income of $52,188; at that income and 20% down, the 28% guideline points to a home of about $199,000.
The median rent here is $1,144 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $21,660 |
|---|---|
| Loan amount | $86,640 |
| Principal and interest | $583 |
| Property taxes (0.39% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| PMI | $0 |
| Total per month | $663 |
Change the numbers in the calculator
| Down payment | $3,790 |
|---|---|
| Loan amount | $106,338 |
| Principal and interest | $715 |
| Property taxes (0.39% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| FHA mortgage insurance | $48 |
| Total per month | $844 |
Change the numbers in the calculator
Questions about home buying in Roosevelt
What is the median home value in Roosevelt?
About $108,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Roosevelt?
Homeowners pay a median $425 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 Roosevelt?
For the median home with 20% down at 7.11%, the payment is about $663 a month. Keeping that under 28% of gross income takes about $28,421 a year.
More about Roosevelt
- Mortgage Refinance in Roosevelt
- Debt Relief in Roosevelt
- Home Equity Loans in Roosevelt
- 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