The typical owner-occupied home in Silver Gate is worth about $586,800, 56% above the Montana median of $375,800 and 76% above the national median of $332,700. Owners pay a median $3,283 a year in property taxes, about 0.56% of their home's value, lower than the Montana rate of 0.72%. 95% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Silver Gate at a glance
| Silver Gate | Montana | U.S. | |
|---|---|---|---|
| Median home value | $586,800 | $375,800 | $332,700 |
| Median property tax paid per year | $3,283 | $2,693 | $3,119 |
| Property tax as a share of value | 0.56% | 0.72% | 0.94% |
| Median household income | – | $72,509 | $80,734 |
| Homes lived in by their owners | 95% | 69% | 65% |
| Owner homes with a mortgage | 62% | 55% | 61% |
| Median monthly costs, owners with a mortgage | $3,114 | $1,798 | $1,963 |
| Those costs as a share of the owners' income | 18.3% | 21.9% | 21.0% |
| Median rent | – | $1,081 | $1,413 |
| Median year homes were built | 1976 | 1981 | 1980 |
| Vacant homes | 69.5% | 13.2% | 10.1% |
| Population | 114 | 1,116,875 | 334,922,499 |
How much equity Silver Gate owners could borrow
Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Silver Gate home of $586,800, 80% is $469,440.
38% of Silver Gate owners have no mortgage at all, so they could borrow up to the full 80% limit.
If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.
| Owe nothing | $469,440 to $498,780 |
|---|---|
| Owe $146,700 | $322,740 to $352,080 |
| Owe $293,400 | $176,040 to $205,380 |
| Owe $381,420 | $88,020 to $117,360 |
Before the lender's own limits, fees and your credit and income checks.
Change the numbers in the calculator
Questions about home equity loans in Silver Gate
What is the median home value in Silver Gate?
About $586,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Silver Gate?
Homeowners pay a median $3,283 a year, which is about 0.56% of the median home value. Your bill depends on your home's assessed value and local rates.
How much can I borrow against my home in Silver Gate?
Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $586,800, an 80% limit is $469,440 before subtracting your mortgage.
More about Silver Gate
- Mortgage Refinance in Silver Gate
- Home Buying in Silver Gate
- Debt Relief in Silver Gate
- 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