The typical owner-occupied home in Vaughn is worth about $175,300, 53% below the Montana median of $375,800 and 47% below the national median of $332,700. Owners pay a median $1,289 a year in property taxes, about 0.74% of their home's value, close to the Montana rate of 0.72%. The median household earns $56,250 a year, so the median home costs 3.1 times the median income (5.2 times for Montana). 87% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Vaughn at a glance
| Vaughn | Montana | U.S. | |
|---|---|---|---|
| Median home value | $175,300 | $375,800 | $332,700 |
| Median property tax paid per year | $1,289 | $2,693 | $3,119 |
| Property tax as a share of value | 0.74% | 0.72% | 0.94% |
| Median household income | $56,250 | $72,509 | $80,734 |
| Homes lived in by their owners | 87% | 69% | 65% |
| Owner homes with a mortgage | 50% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $1,588 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 21.8% | 21.9% | 21.0% |
| Median rent | $946 | $1,081 | $1,413 |
| Rent as a share of renters' income | 51.0% | 27.8% | 30.6% |
| Median year homes were built | 1978 | 1981 | 1980 |
| Vacant homes | 9.8% | 13.2% | 10.1% |
| Population | 1,002 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Vaughn
At this week's average 30-year rate of 7.11%, buying the median Vaughn home of $175,300 with 20% down costs about $1,125 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,417, 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 $48,195 for the 20%-down payment. That payment is 24% of the median Vaughn household income of $56,250; at that income and 20% down, the 28% guideline points to a home of about $205,000.
The median rent here is $946 a month, so owning the median home costs about $179 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $35,060 |
|---|---|
| Loan amount | $140,240 |
| Principal and interest | $943 |
| Property taxes (0.74% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| PMI | $0 |
| Total per month | $1,125 |
Change the numbers in the calculator
| Down payment | $6,136 |
|---|---|
| Loan amount | $172,125 |
| Principal and interest | $1,158 |
| Property taxes (0.74% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| FHA mortgage insurance | $78 |
| Total per month | $1,417 |
Change the numbers in the calculator
Questions about home buying in Vaughn
What is the median home value in Vaughn?
About $175,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Vaughn?
Homeowners pay a median $1,289 a year, which is about 0.74% 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 Vaughn?
For the median home with 20% down at 7.11%, the payment is about $1,125 a month. Keeping that under 28% of gross income takes about $48,195 a year.
More about Vaughn
- Mortgage Refinance in Vaughn
- Debt Relief in Vaughn
- Home Equity Loans in Vaughn
- 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