The typical owner-occupied home in Big Horn County is worth about $216,500, 30% below the Wyoming median of $309,700 and 35% below the national median of $332,700. Owners pay a median $1,198 a year in property taxes, about 0.55% of their home's value, close to the Wyoming rate of 0.57%. The median household earns $62,101 a year, so the median home costs 3.5 times the median income (4.1 times for Wyoming). 76% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Big Horn County at a glance
| Big Horn County | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $216,500 | $309,700 | $332,700 |
| Median property tax paid per year | $1,198 | $1,767 | $3,119 |
| Property tax as a share of value | 0.55% | 0.57% | 0.94% |
| Median household income | $62,101 | $76,176 | $80,734 |
| Homes lived in by their owners | 76% | 72% | 65% |
| Owner homes with a mortgage | 45% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,326 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 18.3% | 21.0% | 21.0% |
| Median rent | $823 | $992 | $1,413 |
| Rent as a share of renters' income | 25.1% | 27.0% | 30.6% |
| Median year homes were built | 1968 | 1981 | 1980 |
| Vacant homes | 17.0% | 12.2% | 10.1% |
| Population | 11,828 | 582,397 | 334,922,499 |
What a typical home costs per month in Big Horn County
At this week's average 30-year rate of 7.11%, buying the median Big Horn County home of $216,500 with 20% down costs about $1,355 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,715, 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 $58,053 for the 20%-down payment. That payment is 26% of the median Big Horn County household income of $62,101; at that income and 20% down, the 28% guideline points to a home of about $232,000.
The median rent here is $823 a month, so owning the median home costs about $532 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $43,300 |
|---|---|
| Loan amount | $173,200 |
| Principal and interest | $1,165 |
| Property taxes (0.55% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $90 |
| PMI | $0 |
| Total per month | $1,355 |
Change the numbers in the calculator
| Down payment | $7,578 |
|---|---|
| Loan amount | $212,579 |
| Principal and interest | $1,430 |
| Property taxes (0.55% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $90 |
| FHA mortgage insurance | $96 |
| Total per month | $1,715 |
Change the numbers in the calculator
Questions about home buying in Big Horn County
What is the median home value in Big Horn County?
About $216,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Big Horn County?
Homeowners pay a median $1,198 a year, which is about 0.55% 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 Big Horn County?
For the median home with 20% down at 7.11%, the payment is about $1,355 a month. Keeping that under 28% of gross income takes about $58,053 a year.
More about Big Horn County
- Mortgage Refinance in Big Horn County
- Debt Relief in Big Horn County
- Home Equity Loans in Big Horn County
- 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