The typical owner-occupied home in Thayne is worth about $395,000, 28% above the Wyoming median of $309,700 and 19% above the national median of $332,700. Owners pay a median $1,750 a year in property taxes, about 0.44% of their home's value, lower than the Wyoming rate of 0.57%. The median household earns $78,194 a year, so the median home costs 5.1 times the median income (4.1 times for Wyoming). 66% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Thayne at a glance
| Thayne | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $395,000 | $309,700 | $332,700 |
| Median property tax paid per year | $1,750 | $1,767 | $3,119 |
| Property tax as a share of value | 0.44% | 0.57% | 0.94% |
| Median household income | $78,194 | $76,176 | $80,734 |
| Homes lived in by their owners | 66% | 72% | 65% |
| Owner homes with a mortgage | 38% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,901 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 22.8% | 21.0% | 21.0% |
| Median rent | $1,346 | $992 | $1,413 |
| Rent as a share of renters' income | 45.0% | 27.0% | 30.6% |
| Median year homes were built | 1995 | 1981 | 1980 |
| Vacant homes | 5.8% | 12.2% | 10.1% |
| Population | 732 | 582,397 | 334,922,499 |
What a typical home costs per month in Thayne
At this week's average 30-year rate of 7.11%, buying the median Thayne home of $395,000 with 20% down costs about $2,435 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,093, 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 $104,364 for the 20%-down payment. That payment is 37% of the median Thayne household income of $78,194; at that income and 20% down, the 28% guideline points to a home of about $296,000.
The median rent here is $1,346 a month, so owning the median home costs about $1,089 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $79,000 |
|---|---|
| Loan amount | $316,000 |
| Principal and interest | $2,126 |
| Property taxes (0.44% a year) | $145 |
| Homeowners insurance (our estimate, 0.5% a year) | $165 |
| PMI | $0 |
| Total per month | $2,435 |
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| Down payment | $13,825 |
|---|---|
| Loan amount | $387,846 |
| Principal and interest | $2,609 |
| Property taxes (0.44% a year) | $145 |
| Homeowners insurance (our estimate, 0.5% a year) | $165 |
| FHA mortgage insurance | $175 |
| Total per month | $3,093 |
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Questions about home buying in Thayne
What is the median home value in Thayne?
About $395,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Thayne?
Homeowners pay a median $1,750 a year, which is about 0.44% 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 Thayne?
For the median home with 20% down at 7.11%, the payment is about $2,435 a month. Keeping that under 28% of gross income takes about $104,364 a year.
More about Thayne
- Mortgage Refinance in Thayne
- Debt Relief in Thayne
- Home Equity Loans in Thayne
- 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