Silver Bow County, MT real estate

What the numbers say

Silver Bow County, MT real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Silver Bow County pay a median of $2,500 a year in property taxes on a median home value of $255,200, an effective rate of about 0.98%. The Montana average is 0.72%, which makes Silver Bow County the #49 lowest-tax of 56 counties in the state with published tax data.

Renters pay a median of $863 a month, and $950 for a two-bedroom. At today's prices a typical home costs about 25 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $255,000 home here comes to about $1,706 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $73,000 a year (the median household here earns $61,754).