The typical owner-occupied home in Ulm is worth about $369,400, about the same as the Montana median of $375,800 and 11% above the national median of $332,700. Owners pay a median $1,961 a year in property taxes, about 0.53% of their home's value, lower than the Montana rate of 0.72%. The median household earns $102,708 a year, so the median home costs 3.6 times the median income (5.2 times for Montana). 98% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Ulm at a glance
| Ulm | Montana | U.S. | |
|---|---|---|---|
| Median home value | $369,400 | $375,800 | $332,700 |
| Median property tax paid per year | $1,961 | $2,693 | $3,119 |
| Property tax as a share of value | 0.53% | 0.72% | 0.94% |
| Median household income | $102,708 | $72,509 | $80,734 |
| Homes lived in by their owners | 98% | 69% | 65% |
| Owner homes with a mortgage | 58% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $2,113 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 16.8% | 21.9% | 21.0% |
| Median rent | – | $1,081 | $1,413 |
| Median year homes were built | 1993 | 1981 | 1980 |
| Vacant homes | 17.1% | 13.2% | 10.1% |
| Population | 900 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Ulm
At this week's average 30-year rate of 7.11%, buying the median Ulm home of $369,400 with 20% down costs about $2,305 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,920, 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 $98,788 for the 20%-down payment. That payment is 27% of the median Ulm household income of $102,708; at that income and 20% down, the 28% guideline points to a home of about $384,000.
| Down payment | $73,880 |
|---|---|
| Loan amount | $295,520 |
| Principal and interest | $1,988 |
| Property taxes (0.53% a year) | $163 |
| Homeowners insurance (our estimate, 0.5% a year) | $154 |
| PMI | $0 |
| Total per month | $2,305 |
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| Down payment | $12,929 |
|---|---|
| Loan amount | $362,709 |
| Principal and interest | $2,440 |
| Property taxes (0.53% a year) | $163 |
| Homeowners insurance (our estimate, 0.5% a year) | $154 |
| FHA mortgage insurance | $163 |
| Total per month | $2,920 |
Change the numbers in the calculator
Questions about home buying in Ulm
What is the median home value in Ulm?
About $369,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ulm?
Homeowners pay a median $1,961 a year, which is about 0.53% 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 Ulm?
For the median home with 20% down at 7.11%, the payment is about $2,305 a month. Keeping that under 28% of gross income takes about $98,788 a year.
More about Ulm
- Mortgage Refinance in Ulm
- Debt Relief in Ulm
- Home Equity Loans in Ulm
- 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