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Home equity loans in Glenrock, Wyoming

The typical owner-occupied home in Glenrock is worth about $235,100, 24% below the Wyoming median of $309,700 and 29% below the national median of $332,700. Owners pay a median $1,469 a year in property taxes, about 0.62% of their home's value, higher than the Wyoming rate of 0.57%. The median household earns $64,806 a year, so the median home costs 3.6 times the median income (4.1 times for Wyoming). 74% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.

Glenrock at a glance

Glenrock Wyoming U.S.
Median home value $235,100 $309,700 $332,700
Median property tax paid per year $1,469 $1,767 $3,119
Property tax as a share of value 0.62% 0.57% 0.94%
Median household income $64,806 $76,176 $80,734
Homes lived in by their owners 74% 72% 65%
Owner homes with a mortgage 65% 56% 61%
Median monthly costs, owners with a mortgage $1,571 $1,754 $1,963
Those costs as a share of the owners' income 18.9% 21.0% 21.0%
Median rent $862 $992 $1,413
Rent as a share of renters' income 32.4% 27.0% 30.6%
Median year homes were built 1974 1981 1980
Vacant homes 11.8% 12.2% 10.1%
Population 2,941 582,397 334,922,499

How much equity Glenrock 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 Glenrock home of $235,100, 80% is $188,080.

35% of Glenrock owners have no mortgage at all, so they could borrow up to the full 80% limit.

Owners with a mortgage here already spend a median $1,571 a month on housing, so a new payment should fit next to that. At the median income of $64,806, lenders typically cap all debt payments at about 43% of gross income, or $2,322 a month.

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 $235,100 home (80% to 85% of value)
Owe nothing$188,080 to $199,835
Owe $58,775$129,305 to $141,060
Owe $117,550$70,530 to $82,285
Owe $152,815$35,265 to $47,020

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

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Questions about home equity loans in Glenrock

What is the median home value in Glenrock?

About $235,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Glenrock?

Homeowners pay a median $1,469 a year, which is about 0.62% 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 Glenrock?

Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $235,100, an 80% limit is $188,080 before subtracting your mortgage.

More about Glenrock

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