The typical owner-occupied home in Frannie is worth about $119,200, 62% below the Wyoming median of $309,700 and 64% below the national median of $332,700. Owners pay a median $858 a year in property taxes, about 0.72% of their home's value, higher than the Wyoming rate of 0.57%. 54% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Frannie at a glance
| Frannie | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $119,200 | $309,700 | $332,700 |
| Median property tax paid per year | $858 | $1,767 | $3,119 |
| Property tax as a share of value | 0.72% | 0.57% | 0.94% |
| Median household income | – | $76,176 | $80,734 |
| Homes lived in by their owners | 54% | 72% | 65% |
| Owner homes with a mortgage | 45% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,188 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 16.3% | 21.0% | 21.0% |
| Median rent | $686 | $992 | $1,413 |
| Rent as a share of renters' income | 51.0% | 27.0% | 30.6% |
| Median year homes were built | 1977 | 1981 | 1980 |
| Vacant homes | 8.2% | 12.2% | 10.1% |
| Population | 209 | 582,397 | 334,922,499 |
What a typical home costs per month in Frannie
At this week's average 30-year rate of 7.11%, buying the median Frannie home of $119,200 with 20% down costs about $763 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $961, 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 $32,686 for the 20%-down payment.
The median rent here is $686 a month, so owning the median home costs about $77 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,840 |
|---|---|
| Loan amount | $95,360 |
| Principal and interest | $641 |
| Property taxes (0.72% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $763 |
Change the numbers in the calculator
| Down payment | $4,172 |
|---|---|
| Loan amount | $117,041 |
| Principal and interest | $787 |
| Property taxes (0.72% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $961 |
Change the numbers in the calculator
Questions about home buying in Frannie
What is the median home value in Frannie?
About $119,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Frannie?
Homeowners pay a median $858 a year, which is about 0.72% 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 Frannie?
For the median home with 20% down at 7.11%, the payment is about $763 a month. Keeping that under 28% of gross income takes about $32,686 a year.
More about Frannie
- Mortgage Refinance in Frannie
- Debt Relief in Frannie
- Home Equity Loans in Frannie
- 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