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Home equity loans in Manderson, Wyoming

The typical owner-occupied home in Manderson is worth about $47,300, 85% below the Wyoming median of $309,700 and 86% below the national median of $332,700. Owners pay a median $429 a year in property taxes, about 0.91% of their home's value, higher than the Wyoming rate of 0.57%. 93% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.

Manderson at a glance

Manderson Wyoming U.S.
Median home value $47,300 $309,700 $332,700
Median property tax paid per year $429 $1,767 $3,119
Property tax as a share of value 0.91% 0.57% 0.94%
Median household income – $76,176 $80,734
Homes lived in by their owners 93% 72% 65%
Owner homes with a mortgage 36% 56% 61%
Median monthly costs, owners with a mortgage $736 $1,754 $1,963
Those costs as a share of the owners' income 12.9% 21.0% 21.0%
Median rent – $992 $1,413
Median year homes were built 1957 1981 1980
Vacant homes 26.2% 12.2% 10.1%
Population 113 582,397 334,922,499

How much equity Manderson 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 Manderson home of $47,300, 80% is $37,840.

64% of Manderson 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.

Borrowing limit on a $47,300 home (80% to 85% of value)
Owe nothing$37,840 to $40,205
Owe $11,825$26,015 to $28,380
Owe $23,650$14,190 to $16,555
Owe $30,745$7,095 to $9,460

Before the lender's own limits, fees and your credit and income checks.

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Questions about home equity loans in Manderson

What is the median home value in Manderson?

About $47,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Manderson?

Homeowners pay a median $429 a year, which is about 0.91% 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 Manderson?

Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $47,300, an 80% limit is $37,840 before subtracting your mortgage.

More about Manderson

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