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Buying a home in Hanna, Wyoming

The typical owner-occupied home in Hanna is worth about $123,000, 60% below the Wyoming median of $309,700 and 63% below the national median of $332,700. Owners pay a median $678 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 $75,540 a year, so the median home costs 1.6 times the median income (4.1 times for Wyoming). 78% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.

Hanna at a glance

Hanna Wyoming U.S.
Median home value $123,000 $309,700 $332,700
Median property tax paid per year $678 $1,767 $3,119
Property tax as a share of value 0.55% 0.57% 0.94%
Median household income $75,540 $76,176 $80,734
Homes lived in by their owners 78% 72% 65%
Owner homes with a mortgage 41% 56% 61%
Median monthly costs, owners with a mortgage $905 $1,754 $1,963
Those costs as a share of the owners' income 11.8% 21.0% 21.0%
Median rent – $992 $1,413
Median year homes were built 1976 1981 1980
Vacant homes 27.6% 12.2% 10.1%
Population 789 582,397 334,922,499

What a typical home costs per month in Hanna

At this week's average 30-year rate of 7.11%, buying the median Hanna home of $123,000 with 20% down costs about $770 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $974, 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 $32,982 for the 20%-down payment. That payment is 12% of the median Hanna household income of $75,540; at that income and 20% down, the 28% guideline points to a home of about $282,000.

20% down, 30-year conventional loan
Down payment$24,600
Loan amount$98,400
Principal and interest$662
Property taxes (0.55% a year)$56
Homeowners insurance (our estimate, 0.5% a year)$51
PMI$0
Total per month$770

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3.5% down, 30-year FHA loan
Down payment$4,305
Loan amount$120,772
Principal and interest$812
Property taxes (0.55% a year)$56
Homeowners insurance (our estimate, 0.5% a year)$51
FHA mortgage insurance$54
Total per month$974

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Questions about home buying in Hanna

What is the median home value in Hanna?

About $123,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hanna?

Homeowners pay a median $678 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 Hanna?

For the median home with 20% down at 7.11%, the payment is about $770 a month. Keeping that under 28% of gross income takes about $32,982 a year.

More about Hanna

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