The typical owner-occupied home in Gildford is worth about $132,500, 65% below the Montana median of $375,800 and 60% below the national median of $332,700. Owners pay a median $1,388 a year in property taxes, about 1.05% of their home's value, higher than the Montana rate of 0.72%. The median household earns $98,542 a year, so the median home costs 1.3 times the median income (5.2 times for Montana). 76% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Gildford at a glance
| Gildford | Montana | U.S. | |
|---|---|---|---|
| Median home value | $132,500 | $375,800 | $332,700 |
| Median property tax paid per year | $1,388 | $2,693 | $3,119 |
| Property tax as a share of value | 1.05% | 0.72% | 0.94% |
| Median household income | $98,542 | $72,509 | $80,734 |
| Homes lived in by their owners | 76% | 69% | 65% |
| Owner homes with a mortgage | 37% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $1,528 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 21.9% | 21.0% |
| Median rent | $605 | $1,081 | $1,413 |
| Rent as a share of renters' income | 15.5% | 27.8% | 30.6% |
| Median year homes were built | 1944 | 1981 | 1980 |
| Vacant homes | 9.6% | 13.2% | 10.1% |
| Population | 217 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Gildford
At this week's average 30-year rate of 7.11%, buying the median Gildford home of $132,500 with 20% down costs about $884 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,105, 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 $37,895 for the 20%-down payment. That payment is 11% of the median Gildford household income of $98,542; at that income and 20% down, the 28% guideline points to a home of about $345,000.
The median rent here is $605 a month, so owning the median home costs about $279 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $26,500 |
|---|---|
| Loan amount | $106,000 |
| Principal and interest | $713 |
| Property taxes (1.05% a year) | $116 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| PMI | $0 |
| Total per month | $884 |
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| Down payment | $4,638 |
|---|---|
| Loan amount | $130,100 |
| Principal and interest | $875 |
| Property taxes (1.05% a year) | $116 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| FHA mortgage insurance | $59 |
| Total per month | $1,105 |
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Questions about home buying in Gildford
What is the median home value in Gildford?
About $132,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Gildford?
Homeowners pay a median $1,388 a year, which is about 1.05% 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 Gildford?
For the median home with 20% down at 7.11%, the payment is about $884 a month. Keeping that under 28% of gross income takes about $37,895 a year.
More about Gildford
- Mortgage Refinance in Gildford
- Debt Relief in Gildford
- Home Equity Loans in Gildford
- 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