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Baggs

Learn about the people, housing, costs and businesses in Baggs, Wyoming

Median Home$222,500
Median Rent$938/month
Population415
Leading IndustriesManufacturing · Retail · Wholesale Trade3% manufacturing
Home Value Growth+3.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners80% of occupied units
Baggs
WY

Frequently Asked Questions

What are today's mortgage rates in Baggs?

As of today, the 30-year fixed mortgage rate for Baggs is approximately 7.316% (7.366% 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 Baggs?

The median home value in Baggs is $223k. The median monthly rent is $938. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Baggs?

Home values in Baggs have increased 3.1% over the past two years. This represents moderate growth. 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 Baggs?

Based on a typical all-in ownership cost of $775/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Baggs is $72k/year.

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What industries drive the economy in Baggs?

The largest employment sectors in Baggs are retail (17%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.