The typical owner-occupied home in Lingle is worth about $172,600, 44% below the Wyoming median of $309,700 and 48% below the national median of $332,700. Owners pay a median $1,351 a year in property taxes, about 0.78% of their home's value, higher than the Wyoming rate of 0.57%. The median household earns $80,481 a year, so the median home costs 2.1 times the median income (4.1 times for Wyoming). 72% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Lingle at a glance
| Lingle | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $172,600 | $309,700 | $332,700 |
| Median property tax paid per year | $1,351 | $1,767 | $3,119 |
| Property tax as a share of value | 0.78% | 0.57% | 0.94% |
| Median household income | $80,481 | $76,176 | $80,734 |
| Homes lived in by their owners | 72% | 72% | 65% |
| Owner homes with a mortgage | 59% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,254 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 13.9% | 21.0% | 21.0% |
| Median rent | $784 | $992 | $1,413 |
| Rent as a share of renters' income | 25.7% | 27.0% | 30.6% |
| Median year homes were built | 1959 | 1981 | 1980 |
| Vacant homes | 11.7% | 12.2% | 10.1% |
| Population | 430 | 582,397 | 334,922,499 |
What a typical home costs per month in Lingle
At this week's average 30-year rate of 7.11%, buying the median Lingle home of $172,600 with 20% down costs about $1,113 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,401, 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 $47,699 for the 20%-down payment. That payment is 17% of the median Lingle household income of $80,481; at that income and 20% down, the 28% guideline points to a home of about $291,000.
The median rent here is $784 a month, so owning the median home costs about $329 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,520 |
|---|---|
| Loan amount | $138,080 |
| Principal and interest | $929 |
| Property taxes (0.78% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $72 |
| PMI | $0 |
| Total per month | $1,113 |
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| Down payment | $6,041 |
|---|---|
| Loan amount | $169,474 |
| Principal and interest | $1,140 |
| Property taxes (0.78% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $72 |
| FHA mortgage insurance | $76 |
| Total per month | $1,401 |
Change the numbers in the calculator
Questions about home buying in Lingle
What is the median home value in Lingle?
About $172,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lingle?
Homeowners pay a median $1,351 a year, which is about 0.78% 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 Lingle?
For the median home with 20% down at 7.11%, the payment is about $1,113 a month. Keeping that under 28% of gross income takes about $47,699 a year.
More about Lingle
- Mortgage Refinance in Lingle
- Debt Relief in Lingle
- Home Equity Loans in Lingle
- 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