The typical owner-occupied home in Parkman is worth about $630,400, 2.0 times the Wyoming median of $309,700 and 89% above the national median of $332,700. Owners pay a median $1,313 a year in property taxes, about 0.21% of their home's value, lower than the Wyoming rate of 0.57%. The median household earns $65,674 a year, so the median home costs 9.6 times the median income (4.1 times for Wyoming). 100% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Parkman at a glance
| Parkman | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $630,400 | $309,700 | $332,700 |
| Median property tax paid per year | $1,313 | $1,767 | $3,119 |
| Property tax as a share of value | 0.21% | 0.57% | 0.94% |
| Median household income | $65,674 | $76,176 | $80,734 |
| Homes lived in by their owners | 100% | 72% | 65% |
| Owner homes with a mortgage | 66% | 56% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,754 | $1,963 |
| Median rent | – | $992 | $1,413 |
| Median year homes were built | 1968 | 1981 | 1980 |
| Vacant homes | 10.7% | 12.2% | 10.1% |
| Population | 389 | 582,397 | 334,922,499 |
What a typical home costs per month in Parkman
At this week's average 30-year rate of 7.11%, buying the median Parkman home of $630,400 with 20% down costs about $3,766 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,816, 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 $161,382 for the 20%-down payment. That payment is 69% of the median Parkman household income of $65,674; at that income and 20% down, the 28% guideline points to a home of about $257,000.
| Down payment | $126,080 |
|---|---|
| Loan amount | $504,320 |
| Principal and interest | $3,393 |
| Property taxes (0.21% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $263 |
| PMI | $0 |
| Total per month | $3,766 |
Change the numbers in the calculator
| Down payment | $22,064 |
|---|---|
| Loan amount | $618,982 |
| Principal and interest | $4,164 |
| Property taxes (0.21% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $263 |
| FHA mortgage insurance | $279 |
| Total per month | $4,816 |
Change the numbers in the calculator
Questions about home buying in Parkman
What is the median home value in Parkman?
About $630,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Parkman?
Homeowners pay a median $1,313 a year, which is about 0.21% 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 Parkman?
For the median home with 20% down at 7.11%, the payment is about $3,766 a month. Keeping that under 28% of gross income takes about $161,382 a year.
More about Parkman
- Mortgage Refinance in Parkman
- Debt Relief in Parkman
- Home Equity Loans in Parkman
- 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