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Buying a home in Big Horn, Wyoming

The typical owner-occupied home in Big Horn is worth about $1,587,800, 5.1 times the Wyoming median of $309,700 and 4.8 times the national median of $332,700. Owners pay a median $8,621 a year in property taxes, about 0.54% of their home's value, close to the Wyoming rate of 0.57%. The median household earns $181,121 a year, so the median home costs 8.8 times the median income (4.1 times for Wyoming). 100% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.

Big Horn at a glance

Big Horn Wyoming U.S.
Median home value $1,587,800 $309,700 $332,700
Median property tax paid per year $8,621 $1,767 $3,119
Property tax as a share of value 0.54% 0.57% 0.94%
Median household income $181,121 $76,176 $80,734
Homes lived in by their owners 100% 72% 65%
Owner homes with a mortgage 60% 56% 61%
Median monthly costs, owners with a mortgage – $1,754 $1,963
Median rent – $992 $1,413
Median year homes were built 2008 1981 1980
Vacant homes 0.0% 12.2% 10.1%
Population 259 582,397 334,922,499

What a typical home costs per month in Big Horn

At this week's average 30-year rate of 7.11%, buying the median Big Horn home of $1,587,800 with 20% down costs about $9,921 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $12,822, 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 $425,189 for the 20%-down payment. That payment is 66% of the median Big Horn household income of $181,121; at that income and 20% down, the 28% guideline points to a home of about $676,000.

20% down, 30-year conventional loan
Down payment$317,560
Loan amount$1,270,240
Principal and interest$8,545
Property taxes (0.54% a year)$715
Homeowners insurance (our estimate, 0.5% a year)$662
PMI$0
Total per month$9,921

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3.5% down, 30-year FHA loan
Down payment$55,573
Loan amount$1,559,041
Principal and interest$10,488
Property taxes (0.54% a year)$715
Homeowners insurance (our estimate, 0.5% a year)$662
FHA mortgage insurance$958
Total per month$12,822

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Questions about home buying in Big Horn

What is the median home value in Big Horn?

About $1,587,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Big Horn?

Homeowners pay a median $8,621 a year, which is about 0.54% 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 Big Horn?

For the median home with 20% down at 7.11%, the payment is about $9,921 a month. Keeping that under 28% of gross income takes about $425,189 a year.

More about Big Horn

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