The typical owner-occupied home in Reliance is worth about $28,700, 91% below the Wyoming median of $309,700 and 91% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.69% of their home's value, higher than the Wyoming rate of 0.57%. 45% of occupied homes here are lived in by their owners, and 10% of those owners still have a mortgage.
Reliance at a glance
| Reliance | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $28,700 | $309,700 | $332,700 |
| Median property tax paid per year | $199 | $1,767 | $3,119 |
| Property tax as a share of value | 0.69% | 0.57% | 0.94% |
| Median household income | – | $76,176 | $80,734 |
| Homes lived in by their owners | 45% | 72% | 65% |
| Owner homes with a mortgage | 10% | 56% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,754 | $1,963 |
| Median rent | $824 | $992 | $1,413 |
| Rent as a share of renters' income | 33.2% | 27.0% | 30.6% |
| Median year homes were built | 1979 | 1981 | 1980 |
| Vacant homes | 0.0% | 12.2% | 10.1% |
| Population | 572 | 582,397 | 334,922,499 |
What a typical home costs per month in Reliance
At this week's average 30-year rate of 7.11%, buying the median Reliance home of $28,700 with 20% down costs about $183 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $231, 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 $7,839 for the 20%-down payment.
The median rent here is $824 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $5,740 |
|---|---|
| Loan amount | $22,960 |
| Principal and interest | $154 |
| Property taxes (0.69% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $12 |
| PMI | $0 |
| Total per month | $183 |
Change the numbers in the calculator
| Down payment | $1,004 |
|---|---|
| Loan amount | $28,180 |
| Principal and interest | $190 |
| Property taxes (0.69% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $12 |
| FHA mortgage insurance | $13 |
| Total per month | $231 |
Change the numbers in the calculator
Questions about home buying in Reliance
What is the median home value in Reliance?
About $28,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Reliance?
Homeowners pay a median $199 a year, which is about 0.69% 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 Reliance?
For the median home with 20% down at 7.11%, the payment is about $183 a month. Keeping that under 28% of gross income takes about $7,839 a year.
More about Reliance
- Mortgage Refinance in Reliance
- Debt Relief in Reliance
- Home Equity Loans in Reliance
- 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