The typical owner-occupied home in Jordan is worth about $76,100, 80% below the Montana median of $375,800 and 77% below the national median of $332,700. Owners pay a median $657 a year in property taxes, about 0.86% of their home's value, higher than the Montana rate of 0.72%. The median household earns $55,391 a year, so the median home costs 1.4 times the median income (5.2 times for Montana). 71% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Jordan at a glance
| Jordan | Montana | U.S. | |
|---|---|---|---|
| Median home value | $76,100 | $375,800 | $332,700 |
| Median property tax paid per year | $657 | $2,693 | $3,119 |
| Property tax as a share of value | 0.86% | 0.72% | 0.94% |
| Median household income | $55,391 | $72,509 | $80,734 |
| Homes lived in by their owners | 71% | 69% | 65% |
| Owner homes with a mortgage | 30% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $1,083 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 21.9% | 21.0% |
| Median rent | $811 | $1,081 | $1,413 |
| Rent as a share of renters' income | 16.8% | 27.8% | 30.6% |
| Median year homes were built | 1971 | 1981 | 1980 |
| Vacant homes | 29.7% | 13.2% | 10.1% |
| Population | 321 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Jordan
At this week's average 30-year rate of 7.11%, buying the median Jordan home of $76,100 with 20% down costs about $496 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $623, 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 $21,248 for the 20%-down payment. That payment is 11% of the median Jordan household income of $55,391; at that income and 20% down, the 28% guideline points to a home of about $198,000.
The median rent here is $811 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,220 |
|---|---|
| Loan amount | $60,880 |
| Principal and interest | $410 |
| Property taxes (0.86% a year) | $55 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| PMI | $0 |
| Total per month | $496 |
Change the numbers in the calculator
| Down payment | $2,664 |
|---|---|
| Loan amount | $74,722 |
| Principal and interest | $503 |
| Property taxes (0.86% a year) | $55 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| FHA mortgage insurance | $34 |
| Total per month | $623 |
Change the numbers in the calculator
Questions about home buying in Jordan
What is the median home value in Jordan?
About $76,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Jordan?
Homeowners pay a median $657 a year, which is about 0.86% 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 Jordan?
For the median home with 20% down at 7.11%, the payment is about $496 a month. Keeping that under 28% of gross income takes about $21,248 a year.
More about Jordan
- Mortgage Refinance in Jordan
- Debt Relief in Jordan
- Home Equity Loans in Jordan
- 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