The typical owner-occupied home in Alta is worth about $1,312,500, 4.2 times the Wyoming median of $309,700 and 3.9 times the national median of $332,700. 81% of occupied homes here are lived in by their owners, and 34% of those owners still have a mortgage.
Alta at a glance
| Alta | Wyoming | U.S. | |
|---|---|---|---|
| Median home value | $1,312,500 | $309,700 | $332,700 |
| Median property tax paid per year | – | $1,767 | $3,119 |
| Median household income | – | $76,176 | $80,734 |
| Homes lived in by their owners | 81% | 72% | 65% |
| Owner homes with a mortgage | 34% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $1,754 | $1,963 |
| Those costs as a share of the owners' income | 37.6% | 21.0% | 21.0% |
| Median rent | – | $992 | $1,413 |
| Median year homes were built | 1997 | 1981 | 1980 |
| Vacant homes | 21.9% | 12.2% | 10.1% |
| Population | 469 | 582,397 | 334,922,499 |
What a typical home costs per month in Alta
At this week's average 30-year rate of 7.11%, buying the median Alta home of $1,312,500 with 20% down costs about $8,813 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $11,211, 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 $377,718 for the 20%-down payment.
| Down payment | $262,500 |
|---|---|
| Loan amount | $1,050,000 |
| Principal and interest | $7,063 |
| Property taxes (1.10% a year) | $1,203 |
| Homeowners insurance (our estimate, 0.5% a year) | $547 |
| PMI | $0 |
| Total per month | $8,813 |
Change the numbers in the calculator
| Down payment | $45,938 |
|---|---|
| Loan amount | $1,288,727 |
| Principal and interest | $8,669 |
| Property taxes (1.10% a year) | $1,203 |
| Homeowners insurance (our estimate, 0.5% a year) | $547 |
| FHA mortgage insurance | $792 |
| Total per month | $11,211 |
Change the numbers in the calculator
Questions about home buying in Alta
What is the median home value in Alta?
About $1,312,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Alta?
For the median home with 20% down at 7.11%, the payment is about $8,813 a month. Keeping that under 28% of gross income takes about $377,718 a year.
More about Alta
- Mortgage Refinance in Alta
- Debt Relief in Alta
- Home Equity Loans in Alta
- 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