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Katherine

Learn about the people, housing, costs and businesses in Katherine, Arizona

Median Home$290,800
Median Rent$968/month
Population76
Leading IndustriesConstruction · Agriculture & Mining · Transportation6% construction
Home Value Growth+2.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners50% of occupied units
Katherine
AZ

Frequently Asked Questions

What are today's mortgage rates in Katherine?

As of today, the 30-year fixed mortgage rate for Katherine is approximately 6.999% (7.042% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Katherine?

The median home value in Katherine is $291k. The median monthly rent is $968. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Katherine?

Home values in Katherine have increased 2.6% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Katherine?

Based on a typical all-in ownership cost of $970/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Katherine is $40k/year.

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What industries drive the economy in Katherine?

The largest employment sectors in Katherine are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.