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Dewey

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

Median Home$279,700
Median Rent$714/month
Population28
Leading IndustriesConstruction · Agriculture & Mining · Retail13% construction
Home Value Growth⬆⬆+13.8% over 2 years
Retirees26% of residentsabove average nationally
Homeowners75% of occupied units
NotableTransit79/100 · excellent transit access
Dewey
MT

Frequently Asked Questions

What are today's mortgage rates in Dewey?

As of today, the 30-year fixed mortgage rate for Dewey is approximately 6.966% (7.005% 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 Dewey?

The median home value in Dewey is $280k. The median monthly rent is $714. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dewey?

Home values in Dewey have increased 13.8% 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 Dewey?

Based on a typical all-in ownership cost of $681/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dewey is $62k/year.

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What industries drive the economy in Dewey?

The largest employment sectors in Dewey are retail (20%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.