How Much House Can I Afford in Wyoming?
Find out how much house you can afford in Wyoming with 0.61% property tax. Uses 28/36 rule with Wyoming-specific data.
How This Calculator Works
Calculation methodology and assumptions
Calculates home affordability in Wyoming using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Wyoming's effective property tax rate of 0.61% and average home insurance of $1,450/year. Median home price in Wyoming: $310,000.
Key State Information
Wyoming housing market: Median home price $310,000 | Property tax rate 0.61% | Avg home insurance $1,450/yr | Median household income $65,003. Home prices are moderate relative to income.
Frequently Asked Questions
How much house can I afford on the median income in Wyoming?
With Wyoming's median household income of $65,003 and a 10% down payment, you can typically afford a home priced around $227,511-$292,514 depending on debts and interest rates. The median home in Wyoming costs $310,000.
What is the property tax rate in Wyoming?
Wyoming's effective property tax rate is 0.61%. On a $310,000 home, that's approximately $1,891/year or $158/month.
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