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Buying a home in Hulett, Wyoming

The typical owner-occupied home in Hulett is worth about $185,300, 40% below the Wyoming median of $309,700 and 44% below the national median of $332,700. Owners pay a median $1,237 a year in property taxes, about 0.67% of their home's value, higher than the Wyoming rate of 0.57%. The median household earns $76,250 a year, so the median home costs 2.4 times the median income (4.1 times for Wyoming). 78% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.

Hulett at a glance

Hulett Wyoming U.S.
Median home value $185,300 $309,700 $332,700
Median property tax paid per year $1,237 $1,767 $3,119
Property tax as a share of value 0.67% 0.57% 0.94%
Median household income $76,250 $76,176 $80,734
Homes lived in by their owners 78% 72% 65%
Owner homes with a mortgage 47% 56% 61%
Median monthly costs, owners with a mortgage $1,413 $1,754 $1,963
Those costs as a share of the owners' income 18.7% 21.0% 21.0%
Median rent $622 $992 $1,413
Rent as a share of renters' income 19.4% 27.0% 30.6%
Median year homes were built 1978 1981 1980
Vacant homes 11.5% 12.2% 10.1%
Population 428 582,397 334,922,499

What a typical home costs per month in Hulett

At this week's average 30-year rate of 7.11%, buying the median Hulett home of $185,300 with 20% down costs about $1,178 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,487, 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 $50,481 for the 20%-down payment. That payment is 19% of the median Hulett household income of $76,250; at that income and 20% down, the 28% guideline points to a home of about $280,000.

The median rent here is $622 a month, so owning the median home costs about $556 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$37,060
Loan amount$148,240
Principal and interest$997
Property taxes (0.67% a year)$103
Homeowners insurance (our estimate, 0.5% a year)$77
PMI$0
Total per month$1,178

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3.5% down, 30-year FHA loan
Down payment$6,486
Loan amount$181,944
Principal and interest$1,224
Property taxes (0.67% a year)$103
Homeowners insurance (our estimate, 0.5% a year)$77
FHA mortgage insurance$82
Total per month$1,487

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Questions about home buying in Hulett

What is the median home value in Hulett?

About $185,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hulett?

Homeowners pay a median $1,237 a year, which is about 0.67% 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 Hulett?

For the median home with 20% down at 7.11%, the payment is about $1,178 a month. Keeping that under 28% of gross income takes about $50,481 a year.

More about Hulett

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