Omaha Mortgage Calculator for Melrose, Montana (59743)

Free omaha mortgage calculator for residents of Melrose, Montana. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$59,288
per year in Melrose
MEDIAN HOME VALUE
$329,605
in Melrose, MT
HOUSING AFFORDABILITY: EXPENSIVE

Home prices are high relative to local incomes, making homeownership challenging.

Local Context for Melrose, Montana

In Melrose, Montana (Silver Bow County, ZIP area), the median household income is $59,288 per year and the median home value is $329,605. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Melrose, Montana (ZIP 59743)

City Melrose, Montana
County Silver Bow County
ZIP Code 59743
State Montana
Time Zone Denver
Median Household Income $59,288/year
Median Home Value $329,605

Housing & Cost of Living — Melrose, Montana

Affordability Tier Expensive
Price-to-Income Ratio 5.6x
Est. Monthly Mortgage (20% down, 6.65%) $1,693/mo
Mortgage as % of Monthly Income 34.3%
Income vs. National Median near the national median
Income Tier Lower-Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Mid-Range Market
Cost of Living Index 111 (Above Average)

A price-to-income ratio of 5.6x signals a challenging market where home prices significantly outpace local incomes, requiring careful financial planning.

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