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Babb

Learn about the people, housing, costs and businesses in Babb, Montana

Median Home$196,800
Median Rent$832/month
Population117
Leading IndustriesPublic Administration · Manufacturing · Arts, Food & Hospitality29% public administration
Home Value Growth⬆⬆⬆+31.0% over 2 years
Young Adults29% of residentsslightly above average
Homeowners81% of occupied units
NotableTransit83/100 · excellent transit access
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Babb
MT

Frequently Asked Questions

What are today's mortgage rates in Babb?

As of today, the 30-year fixed mortgage rate for Babb is approximately 6.910% (6.947% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Babb?

The median home value in Babb is $197k. The median monthly rent is $832. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Babb?

Home values in Babb have increased 31.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Babb?

Based on a typical all-in ownership cost of $403/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $17k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Babb is $57k/year.

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What industries drive the economy in Babb?

The largest employment sectors in Babb are public administration (29%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.