The typical owner-occupied home in Bigfork is worth about $674,600, 80% above the Montana median of $375,800 and 2.0 times the national median of $332,700. Owners pay a median $3,383 a year in property taxes, about 0.50% of their home's value, lower than the Montana rate of 0.72%. The median household earns $85,307 a year, so the median home costs 7.9 times the median income (5.2 times for Montana). 80% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Bigfork at a glance
| Bigfork | Montana | U.S. | |
|---|---|---|---|
| Median home value | $674,600 | $375,800 | $332,700 |
| Median property tax paid per year | $3,383 | $2,693 | $3,119 |
| Property tax as a share of value | 0.50% | 0.72% | 0.94% |
| Median household income | $85,307 | $72,509 | $80,734 |
| Homes lived in by their owners | 80% | 69% | 65% |
| Owner homes with a mortgage | 53% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $2,196 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 24.3% | 21.9% | 21.0% |
| Median rent | $1,016 | $1,081 | $1,413 |
| Rent as a share of renters' income | 30.8% | 27.8% | 30.6% |
| Median year homes were built | 1995 | 1981 | 1980 |
| Vacant homes | 27.9% | 13.2% | 10.1% |
| Population | 5,565 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Bigfork
At this week's average 30-year rate of 7.11%, buying the median Bigfork home of $674,600 with 20% down costs about $4,193 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,316, 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 $179,684 for the 20%-down payment. That payment is 59% of the median Bigfork household income of $85,307; at that income and 20% down, the 28% guideline points to a home of about $320,000.
The median rent here is $1,016 a month, so owning the median home costs about $3,177 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $134,920 |
|---|---|
| Loan amount | $539,680 |
| Principal and interest | $3,630 |
| Property taxes (0.50% a year) | $281 |
| Homeowners insurance (our estimate, 0.5% a year) | $281 |
| PMI | $0 |
| Total per month | $4,193 |
Change the numbers in the calculator
| Down payment | $23,611 |
|---|---|
| Loan amount | $662,381 |
| Principal and interest | $4,456 |
| Property taxes (0.50% a year) | $281 |
| Homeowners insurance (our estimate, 0.5% a year) | $281 |
| FHA mortgage insurance | $298 |
| Total per month | $5,316 |
Change the numbers in the calculator
Questions about home buying in Bigfork
What is the median home value in Bigfork?
About $674,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bigfork?
Homeowners pay a median $3,383 a year, which is about 0.50% 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 Bigfork?
For the median home with 20% down at 7.11%, the payment is about $4,193 a month. Keeping that under 28% of gross income takes about $179,684 a year.
More about Bigfork
- Mortgage Refinance in Bigfork
- Debt Relief in Bigfork
- Home Equity Loans in Bigfork
- 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