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Buying a home in Alpine, Wyoming

The typical owner-occupied home in Alpine is worth about $621,600, 2.0 times the Wyoming median of $309,700 and 87% above the national median of $332,700. Owners pay a median $2,608 a year in property taxes, about 0.42% of their home's value, lower than the Wyoming rate of 0.57%. The median household earns $98,942 a year, so the median home costs 6.3 times the median income (4.1 times for Wyoming). 44% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.

Alpine at a glance

Alpine Wyoming U.S.
Median home value $621,600 $309,700 $332,700
Median property tax paid per year $2,608 $1,767 $3,119
Property tax as a share of value 0.42% 0.57% 0.94%
Median household income $98,942 $76,176 $80,734
Homes lived in by their owners 44% 72% 65%
Owner homes with a mortgage 70% 56% 61%
Median monthly costs, owners with a mortgage $1,948 $1,754 $1,963
Those costs as a share of the owners' income 18.4% 21.0% 21.0%
Median rent $1,313 $992 $1,413
Rent as a share of renters' income 22.7% 27.0% 30.6%
Median year homes were built 1996 1981 1980
Vacant homes 14.4% 12.2% 10.1%
Population 1,222 582,397 334,922,499

What a typical home costs per month in Alpine

At this week's average 30-year rate of 7.11%, buying the median Alpine home of $621,600 with 20% down costs about $3,822 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,857, 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 $163,791 for the 20%-down payment. That payment is 46% of the median Alpine household income of $98,942; at that income and 20% down, the 28% guideline points to a home of about $375,000.

The median rent here is $1,313 a month, so owning the median home costs about $2,509 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$124,320
Loan amount$497,280
Principal and interest$3,345
Property taxes (0.42% a year)$218
Homeowners insurance (our estimate, 0.5% a year)$259
PMI$0
Total per month$3,822

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3.5% down, 30-year FHA loan
Down payment$21,756
Loan amount$610,341
Principal and interest$4,106
Property taxes (0.42% a year)$218
Homeowners insurance (our estimate, 0.5% a year)$259
FHA mortgage insurance$275
Total per month$4,857

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Questions about home buying in Alpine

What is the median home value in Alpine?

About $621,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Alpine?

Homeowners pay a median $2,608 a year, which is about 0.42% 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 Alpine?

For the median home with 20% down at 7.11%, the payment is about $3,822 a month. Keeping that under 28% of gross income takes about $163,791 a year.

More about Alpine

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