The typical owner-occupied home in Niobrara County is worth about $221,500, 28% below the Wyoming median of $309,700 and 33% below the national median of $332,700. Owners pay a median $1,072 a year in property taxes, about 0.48% of their home's value, lower than the Wyoming rate of 0.57%. The median household earns $64,113 a year, so the median home costs 3.5 times the median income (4.1 times for Wyoming). 62% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Niobrara County at a glance
| Niobrara County | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $221,500 | $309,700 | $332,700 |
| Median property tax paid per year | $1,072 | $1,767 | $3,119 |
| Property tax as a share of value | 0.48% | 0.57% | 0.94% |
| Median household income | $64,113 | $76,176 | $80,734 |
| Homes lived in by their owners | 62% | 72% | 65% |
| Owner homes with a mortgage | 31% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,640 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 19.8% | 21.0% | 21.0% |
| Median rent | $605 | $992 | $1,413 |
| Rent as a share of renters' income | 14.6% | 27.0% | 30.6% |
| Median year homes were built | 1962 | 1981 | 1980 |
| Vacant homes | 16.6% | 12.2% | 10.1% |
| Population | 2,368 | 582,397 | 334,922,499 |
What a typical home costs per month in Niobrara County
At this week's average 30-year rate of 7.11%, buying the median Niobrara County home of $221,500 with 20% down costs about $1,373 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,742, 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 $58,840 for the 20%-down payment. That payment is 26% of the median Niobrara County household income of $64,113; at that income and 20% down, the 28% guideline points to a home of about $241,000.
The median rent here is $605 a month, so owning the median home costs about $768 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $44,300 |
|---|---|
| Loan amount | $177,200 |
| Principal and interest | $1,192 |
| Property taxes (0.48% a year) | $89 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| PMI | $0 |
| Total per month | $1,373 |
Change the numbers in the calculator
| Down payment | $7,752 |
|---|---|
| Loan amount | $217,488 |
| Principal and interest | $1,463 |
| Property taxes (0.48% a year) | $89 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| FHA mortgage insurance | $98 |
| Total per month | $1,742 |
Change the numbers in the calculator
Questions about home buying in Niobrara County
What is the median home value in Niobrara County?
About $221,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Niobrara County?
Homeowners pay a median $1,072 a year, which is about 0.48% 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 Niobrara County?
For the median home with 20% down at 7.11%, the payment is about $1,373 a month. Keeping that under 28% of gross income takes about $58,840 a year.
More about Niobrara County
- Mortgage Refinance in Niobrara County
- Debt Relief in Niobrara County
- Home Equity Loans in Niobrara County
- 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