The typical owner-occupied home in Encampment is worth about $231,900, 25% below the Wyoming median of $309,700 and 30% below the national median of $332,700. Owners pay a median $903 a year in property taxes, about 0.39% of their home's value, lower than the Wyoming rate of 0.57%. The median household earns $54,668 a year, so the median home costs 4.2 times the median income (4.1 times for Wyoming). 89% of occupied homes here are lived in by their owners, and 18% of those owners still have a mortgage.
Encampment at a glance
| Encampment | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $231,900 | $309,700 | $332,700 |
| Median property tax paid per year | $903 | $1,767 | $3,119 |
| Property tax as a share of value | 0.39% | 0.57% | 0.94% |
| Median household income | $54,668 | $76,176 | $80,734 |
| Homes lived in by their owners | 89% | 72% | 65% |
| Owner homes with a mortgage | 18% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,566 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 19.1% | 21.0% | 21.0% |
| Median rent | $1,158 | $992 | $1,413 |
| Rent as a share of renters' income | 26.7% | 27.0% | 30.6% |
| Median year homes were built | 1973 | 1981 | 1980 |
| Vacant homes | 32.9% | 12.2% | 10.1% |
| Population | 466 | 582,397 | 334,922,499 |
What a typical home costs per month in Encampment
At this week's average 30-year rate of 7.11%, buying the median Encampment home of $231,900 with 20% down costs about $1,420 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,806, 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 $60,857 for the 20%-down payment. That payment is 31% of the median Encampment household income of $54,668; at that income and 20% down, the 28% guideline points to a home of about $208,000.
The median rent here is $1,158 a month, so owning the median home costs about $262 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $46,380 |
|---|---|
| Loan amount | $185,520 |
| Principal and interest | $1,248 |
| Property taxes (0.39% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| PMI | $0 |
| Total per month | $1,420 |
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| Down payment | $8,116 |
|---|---|
| Loan amount | $227,700 |
| Principal and interest | $1,532 |
| Property taxes (0.39% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| FHA mortgage insurance | $103 |
| Total per month | $1,806 |
Change the numbers in the calculator
Questions about home buying in Encampment
What is the median home value in Encampment?
About $231,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Encampment?
Homeowners pay a median $903 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 Encampment?
For the median home with 20% down at 7.11%, the payment is about $1,420 a month. Keeping that under 28% of gross income takes about $60,857 a year.
More about Encampment
- Mortgage Refinance in Encampment
- Debt Relief in Encampment
- Home Equity Loans in Encampment
- 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