The typical owner-occupied home in Converse County is worth about $292,700, 5% below the Wyoming median of $309,700 and 12% below the national median of $332,700. Owners pay a median $1,630 a year in property taxes, about 0.56% of their home's value, close to the Wyoming rate of 0.57%. The median household earns $81,558 a year, so the median home costs 3.6 times the median income (4.1 times for Wyoming). 77% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Converse County at a glance
| Converse County | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $292,700 | $309,700 | $332,700 |
| Median property tax paid per year | $1,630 | $1,767 | $3,119 |
| Property tax as a share of value | 0.56% | 0.57% | 0.94% |
| Median household income | $81,558 | $76,176 | $80,734 |
| Homes lived in by their owners | 77% | 72% | 65% |
| Owner homes with a mortgage | 49% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,716 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 19.3% | 21.0% | 21.0% |
| Median rent | $866 | $992 | $1,413 |
| Rent as a share of renters' income | 26.0% | 27.0% | 30.6% |
| Median year homes were built | 1978 | 1981 | 1980 |
| Vacant homes | 13.2% | 12.2% | 10.1% |
| Population | 13,762 | 582,397 | 334,922,499 |
What a typical home costs per month in Converse County
At this week's average 30-year rate of 7.11%, buying the median Converse County home of $292,700 with 20% down costs about $1,834 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,321, 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 $78,590 for the 20%-down payment. That payment is 27% of the median Converse County household income of $81,558; at that income and 20% down, the 28% guideline points to a home of about $304,000.
The median rent here is $866 a month, so owning the median home costs about $968 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $58,540 |
|---|---|
| Loan amount | $234,160 |
| Principal and interest | $1,575 |
| Property taxes (0.56% a year) | $137 |
| Homeowners insurance (our estimate, 0.5% a year) | $122 |
| PMI | $0 |
| Total per month | $1,834 |
Change the numbers in the calculator
| Down payment | $10,244 |
|---|---|
| Loan amount | $287,398 |
| Principal and interest | $1,933 |
| Property taxes (0.56% a year) | $137 |
| Homeowners insurance (our estimate, 0.5% a year) | $122 |
| FHA mortgage insurance | $129 |
| Total per month | $2,321 |
Change the numbers in the calculator
Questions about home buying in Converse County
What is the median home value in Converse County?
About $292,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Converse County?
Homeowners pay a median $1,630 a year, which is about 0.56% 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 Converse County?
For the median home with 20% down at 7.11%, the payment is about $1,834 a month. Keeping that under 28% of gross income takes about $78,590 a year.
More about Converse County
- Mortgage Refinance in Converse County
- Debt Relief in Converse County
- Home Equity Loans in Converse 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