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Buying a home in Kevin, Montana

The typical owner-occupied home in Kevin is worth about $65,000, 83% below the Montana median of $375,800 and 80% below the national median of $332,700. Owners pay a median $588 a year in property taxes, about 0.90% of their home's value, higher than the Montana rate of 0.72%. The median household earns $38,333 a year, so the median home costs 1.7 times the median income (5.2 times for Montana). 83% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.

Kevin at a glance

Kevin Montana U.S.
Median home value $65,000 $375,800 $332,700
Median property tax paid per year $588 $2,693 $3,119
Property tax as a share of value 0.90% 0.72% 0.94%
Median household income $38,333 $72,509 $80,734
Homes lived in by their owners 83% 69% 65%
Owner homes with a mortgage 30% 55% 61%
Median monthly costs, owners with a mortgage $1,167 $1,798 $1,963
Those costs as a share of the owners' income 37.5% 21.9% 21.0%
Median rent – $1,081 $1,413
Median year homes were built 1957 1981 1980
Vacant homes 26.2% 13.2% 10.1%
Population 108 1,116,875 334,922,499

What a typical home costs per month in Kevin

At this week's average 30-year rate of 7.11%, buying the median Kevin home of $65,000 with 20% down costs about $426 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $534, 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 $18,242 for the 20%-down payment. That payment is 13% of the median Kevin household income of $38,333; at that income and 20% down, the 28% guideline points to a home of about $137,000.

20% down, 30-year conventional loan
Down payment$13,000
Loan amount$52,000
Principal and interest$350
Property taxes (0.90% a year)$49
Homeowners insurance (our estimate, 0.5% a year)$27
PMI$0
Total per month$426

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3.5% down, 30-year FHA loan
Down payment$2,275
Loan amount$63,823
Principal and interest$429
Property taxes (0.90% a year)$49
Homeowners insurance (our estimate, 0.5% a year)$27
FHA mortgage insurance$29
Total per month$534

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Questions about home buying in Kevin

What is the median home value in Kevin?

About $65,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Kevin?

Homeowners pay a median $588 a year, which is about 0.90% 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 Kevin?

For the median home with 20% down at 7.11%, the payment is about $426 a month. Keeping that under 28% of gross income takes about $18,242 a year.

More about Kevin

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