The typical owner-occupied home in Fort Washakie is worth about $92,800, 70% below the Wyoming median of $309,700 and 72% below the national median of $332,700. The median household earns $36,875 a year, so the median home costs 2.5 times the median income (4.1 times for Wyoming). 59% of occupied homes here are lived in by their owners, and 12% of those owners still have a mortgage.
Fort Washakie at a glance
| Fort Washakie | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $92,800 | $309,700 | $332,700 |
| Median property tax paid per year | – | $1,767 | $3,119 |
| Median household income | $36,875 | $76,176 | $80,734 |
| Homes lived in by their owners | 59% | 72% | 65% |
| Owner homes with a mortgage | 12% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,431 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 14.5% | 21.0% | 21.0% |
| Median rent | $519 | $992 | $1,413 |
| Rent as a share of renters' income | 14.0% | 27.0% | 30.6% |
| Median year homes were built | 1982 | 1981 | 1980 |
| Vacant homes | 25.9% | 12.2% | 10.1% |
| Population | 1,219 | 582,397 | 334,922,499 |
What a typical home costs per month in Fort Washakie
At this week's average 30-year rate of 7.11%, buying the median Fort Washakie home of $92,800 with 20% down costs about $623 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $778, 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 $26,706 for the 20%-down payment. That payment is 20% of the median Fort Washakie household income of $36,875; at that income and 20% down, the 28% guideline points to a home of about $128,000.
The median rent here is $519 a month, so owning the median home costs about $104 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $18,560 |
|---|---|
| Loan amount | $74,240 |
| Principal and interest | $499 |
| Property taxes (1.10% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $623 |
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| Down payment | $3,248 |
|---|---|
| Loan amount | $91,119 |
| Principal and interest | $613 |
| Property taxes (1.10% a year) | $85 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $41 |
| Total per month | $778 |
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Questions about home buying in Fort Washakie
What is the median home value in Fort Washakie?
About $92,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Fort Washakie?
For the median home with 20% down at 7.11%, the payment is about $623 a month. Keeping that under 28% of gross income takes about $26,706 a year.
More about Fort Washakie
- Mortgage Refinance in Fort Washakie
- Debt Relief in Fort Washakie
- Home Equity Loans in Fort Washakie
- 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