The typical owner-occupied home in Dayton is worth about $1,250,000, 3.3 times the Montana median of $375,800 and 3.8 times the national median of $332,700. Owners pay a median $4,833 a year in property taxes, about 0.39% of their home's value, lower than the Montana rate of 0.72%. The median household earns $100,313 a year, so the median home costs 12.5 times the median income (5.2 times for Montana). 67% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Dayton at a glance
| Dayton | Montana | U.S. | |
|---|---|---|---|
| Median home value | $1,250,000 | $375,800 | $332,700 |
| Median property tax paid per year | $4,833 | $2,693 | $3,119 |
| Property tax as a share of value | 0.39% | 0.72% | 0.94% |
| Median household income | $100,313 | $72,509 | $80,734 |
| Homes lived in by their owners | 67% | 69% | 65% |
| Owner homes with a mortgage | 35% | 55% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 21.9% | 21.0% |
| Median rent | – | $1,081 | $1,413 |
| Median year homes were built | 1982 | 1981 | 1980 |
| Vacant homes | 54.1% | 13.2% | 10.1% |
| Population | 88 | 1,116,875 | 334,922,499 |
What a typical home costs per month in Dayton
At this week's average 30-year rate of 7.11%, buying the median Dayton home of $1,250,000 with 20% down costs about $7,654 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $9,938, 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 $328,035 for the 20%-down payment. That payment is 92% of the median Dayton household income of $100,313; at that income and 20% down, the 28% guideline points to a home of about $382,000.
| Down payment | $250,000 |
|---|---|
| Loan amount | $1,000,000 |
| Principal and interest | $6,727 |
| Property taxes (0.39% a year) | $406 |
| Homeowners insurance (our estimate, 0.5% a year) | $521 |
| PMI | $0 |
| Total per month | $7,654 |
Change the numbers in the calculator
| Down payment | $43,750 |
|---|---|
| Loan amount | $1,227,359 |
| Principal and interest | $8,257 |
| Property taxes (0.39% a year) | $406 |
| Homeowners insurance (our estimate, 0.5% a year) | $521 |
| FHA mortgage insurance | $754 |
| Total per month | $9,938 |
Change the numbers in the calculator
Questions about home buying in Dayton
What is the median home value in Dayton?
About $1,250,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dayton?
Homeowners pay a median $4,833 a year, which is about 0.39% 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 Dayton?
For the median home with 20% down at 7.11%, the payment is about $7,654 a month. Keeping that under 28% of gross income takes about $328,035 a year.
More about Dayton
- Mortgage Refinance in Dayton
- Debt Relief in Dayton
- Home Equity Loans in Dayton
- 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