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Buying a home in Deaver, Wyoming

The typical owner-occupied home in Deaver is worth about $118,200, 62% below the Wyoming median of $309,700 and 64% below the national median of $332,700. Owners pay a median $844 a year in property taxes, about 0.71% of their home's value, higher than the Wyoming rate of 0.57%. The median household earns $57,813 a year, so the median home costs 2.0 times the median income (4.1 times for Wyoming). 89% of occupied homes here are lived in by their owners, and 23% of those owners still have a mortgage.

Deaver at a glance

Deaver Wyoming U.S.
Median home value $118,200 $309,700 $332,700
Median property tax paid per year $844 $1,767 $3,119
Property tax as a share of value 0.71% 0.57% 0.94%
Median household income $57,813 $76,176 $80,734
Homes lived in by their owners 89% 72% 65%
Owner homes with a mortgage 23% 56% 61%
Median monthly costs, owners with a mortgage $1,188 $1,754 $1,963
Those costs as a share of the owners' income 30.8% 21.0% 21.0%
Median rent – $992 $1,413
Median year homes were built 1983 1981 1980
Vacant homes 27.6% 12.2% 10.1%
Population 171 582,397 334,922,499

What a typical home costs per month in Deaver

At this week's average 30-year rate of 7.11%, buying the median Deaver home of $118,200 with 20% down costs about $755 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $952, 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 $32,370 for the 20%-down payment. That payment is 16% of the median Deaver household income of $57,813; at that income and 20% down, the 28% guideline points to a home of about $211,000.

20% down, 30-year conventional loan
Down payment$23,640
Loan amount$94,560
Principal and interest$636
Property taxes (0.71% a year)$70
Homeowners insurance (our estimate, 0.5% a year)$49
PMI$0
Total per month$755

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3.5% down, 30-year FHA loan
Down payment$4,137
Loan amount$116,059
Principal and interest$781
Property taxes (0.71% a year)$70
Homeowners insurance (our estimate, 0.5% a year)$49
FHA mortgage insurance$52
Total per month$952

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Questions about home buying in Deaver

What is the median home value in Deaver?

About $118,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Deaver?

Homeowners pay a median $844 a year, which is about 0.71% 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 Deaver?

For the median home with 20% down at 7.11%, the payment is about $755 a month. Keeping that under 28% of gross income takes about $32,370 a year.

More about Deaver

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