Affordability evidence
Missoula, MT home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Missoula, MT.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
Start with the dated local finding: In Missoula, MT, the 2024 ACS reports a median owner-occupied home value of $473,100, median household income of $70,392, and median selected monthly owner costs of $1,958 for owners with a mortgage. Together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,958 measure combines recurring ownership expenses rather than real estate taxes alone. For borrower planning, a useful affordability review starts with $473,100, $70,392, and $1,958, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Missoula, MT's $473,100 median home-value estimate is above the statewide $375,800 estimate, with a reported city-to-state gap of 25.9%. That 25.9% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Missoula, MT.