The typical owner-occupied home in Toston is worth about $371,800, about the same as the Montana median of $375,800 and 12% above the national median of $332,700. Owners pay a median $2,363 a year in property taxes, about 0.64% of their home's value, lower than the Montana rate of 0.72%. The median household earns $63,206 a year, so the median home costs 5.9 times the median income (5.2 times for Montana). 100% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Toston at a glance
| Toston | Montana | U.S. | |
|---|---|---|---|
| Median home value | $371,800 | $375,800 | $332,700 |
| Median property tax paid per year | $2,363 | $2,693 | $3,119 |
| Property tax as a share of value | 0.64% | 0.72% | 0.94% |
| Median household income | $63,206 | $72,509 | $80,734 |
| Homes lived in by their owners | 100% | 69% | 65% |
| Owner homes with a mortgage | 66% | 55% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,798 | $1,963 |
| Median rent | – | $1,081 | $1,413 |
| Median year homes were built | 1988 | 1981 | 1980 |
| Vacant homes | 0.0% | 13.2% | 10.1% |
| Population | 368 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Toston
At this week's average 30-year rate of 7.11%, buying the median Toston home of $371,800 with 20% down costs about $2,354 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,973, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $100,890 for the 20%-down payment. That payment is 45% of the median Toston household income of $63,206; at that income and 20% down, the 28% guideline points to a home of about $233,000.
| Down payment | $74,360 |
|---|---|
| Loan amount | $297,440 |
| Principal and interest | $2,001 |
| Property taxes (0.64% a year) | $198 |
| Homeowners insurance (our estimate, 0.5% a year) | $155 |
| PMI | $0 |
| Total per month | $2,354 |
Change the numbers in the calculator
| Down payment | $13,013 |
|---|---|
| Loan amount | $365,066 |
| Principal and interest | $2,456 |
| Property taxes (0.64% a year) | $198 |
| Homeowners insurance (our estimate, 0.5% a year) | $155 |
| FHA mortgage insurance | $164 |
| Total per month | $2,973 |
Change the numbers in the calculator
Questions about home buying in Toston
What is the median home value in Toston?
About $371,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Toston?
Homeowners pay a median $2,363 a year, which is about 0.64% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Toston?
For the median home with 20% down at 7.11%, the payment is about $2,354 a month. Keeping that under 28% of gross income takes about $100,890 a year.
More about Toston
- Mortgage Refinance in Toston
- Debt Relief in Toston
- Home Equity Loans in Toston
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data