The typical owner-occupied home in Lagrange is worth about $105,400, 66% below the Wyoming median of $309,700 and 68% below the national median of $332,700. The median household earns $48,110 a year, so the median home costs 2.2 times the median income (4.1 times for Wyoming). 59% of occupied homes here are lived in by their owners, and 22% of those owners still have a mortgage.
Lagrange at a glance
| Lagrange | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $105,400 | $309,700 | $332,700 |
| Median property tax paid per year | – | $1,767 | $3,119 |
| Median household income | $48,110 | $76,176 | $80,734 |
| Homes lived in by their owners | 59% | 72% | 65% |
| Owner homes with a mortgage | 22% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,250 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 30.0% | 21.0% | 21.0% |
| Median rent | $580 | $992 | $1,413 |
| Rent as a share of renters' income | 13.7% | 27.0% | 30.6% |
| Median year homes were built | 1974 | 1981 | 1980 |
| Vacant homes | 4.9% | 12.2% | 10.1% |
| Population | 398 | 582,397 | 334,922,499 |
What a typical home costs per month in Lagrange
At this week's average 30-year rate of 7.11%, buying the median Lagrange home of $105,400 with 20% down costs about $708 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $883, 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 $30,333 for the 20%-down payment. That payment is 18% of the median Lagrange household income of $48,110; at that income and 20% down, the 28% guideline points to a home of about $167,000.
The median rent here is $580 a month, so owning the median home costs about $128 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $21,080 |
|---|---|
| Loan amount | $84,320 |
| Principal and interest | $567 |
| Property taxes (1.10% a year) | $97 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| PMI | $0 |
| Total per month | $708 |
Change the numbers in the calculator
| Down payment | $3,689 |
|---|---|
| Loan amount | $103,491 |
| Principal and interest | $696 |
| Property taxes (1.10% a year) | $97 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| FHA mortgage insurance | $47 |
| Total per month | $883 |
Change the numbers in the calculator
Questions about home buying in Lagrange
What is the median home value in Lagrange?
About $105,400 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 Lagrange?
For the median home with 20% down at 7.11%, the payment is about $708 a month. Keeping that under 28% of gross income takes about $30,333 a year.
More about Lagrange
- Mortgage Refinance in Lagrange
- Debt Relief in Lagrange
- Home Equity Loans in Lagrange
- 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