The typical owner-occupied home in Centennial is worth about $288,600, 7% below the Wyoming median of $309,700 and 13% below the national median of $332,700. Owners pay a median $2,647 a year in property taxes, about 0.92% of their home's value, higher than the Wyoming rate of 0.57%. The median household earns $110,579 a year, so the median home costs 2.6 times the median income (4.1 times for Wyoming). 100% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Centennial at a glance
| Centennial | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $288,600 | $309,700 | $332,700 |
| Median property tax paid per year | $2,647 | $1,767 | $3,119 |
| Property tax as a share of value | 0.92% | 0.57% | 0.94% |
| Median household income | $110,579 | $76,176 | $80,734 |
| Homes lived in by their owners | 100% | 72% | 65% |
| Owner homes with a mortgage | 39% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,313 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 21.0% | 21.0% |
| Median rent | – | $992 | $1,413 |
| Median year homes were built | 1986 | 1981 | 1980 |
| Vacant homes | 31.1% | 12.2% | 10.1% |
| Population | 521 | 582,397 | 334,922,499 |
What a typical home costs per month in Centennial
At this week's average 30-year rate of 7.11%, buying the median Centennial home of $288,600 with 20% down costs about $1,895 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,375, 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 $81,199 for the 20%-down payment. That payment is 21% of the median Centennial household income of $110,579; at that income and 20% down, the 28% guideline points to a home of about $393,000.
| Down payment | $57,720 |
|---|---|
| Loan amount | $230,880 |
| Principal and interest | $1,553 |
| Property taxes (0.92% a year) | $221 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| PMI | $0 |
| Total per month | $1,895 |
Change the numbers in the calculator
| Down payment | $10,101 |
|---|---|
| Loan amount | $283,373 |
| Principal and interest | $1,906 |
| Property taxes (0.92% a year) | $221 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| FHA mortgage insurance | $128 |
| Total per month | $2,375 |
Change the numbers in the calculator
Questions about home buying in Centennial
What is the median home value in Centennial?
About $288,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Centennial?
Homeowners pay a median $2,647 a year, which is about 0.92% 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 Centennial?
For the median home with 20% down at 7.11%, the payment is about $1,895 a month. Keeping that under 28% of gross income takes about $81,199 a year.
More about Centennial
- Mortgage Refinance in Centennial
- Debt Relief in Centennial
- Home Equity Loans in Centennial
- 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