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Drummond High

Learn about the people, housing, costs and businesses in Drummond High, Montana

Median Home$360,138
Median Rent$679/month
Population1,533
Leading IndustriesFinance & Insurance · Information & Media6% finance & insurance
Home Value Growth+8.9% over 2 years
Retirees23% of residentsabove average nationally
Homeowners78% of occupied units
Drummond High
MT

Frequently Asked Questions

What are today's mortgage rates in Drummond High?

As of today, the 30-year fixed mortgage rate for Drummond High is approximately 6.840% (6.874% 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 Drummond High?

The median home value in Drummond High is $360k. The median monthly rent is $679. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Drummond High?

Home values in Drummond High have increased 8.9% 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 Drummond High?

Based on a typical all-in ownership cost of $637/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Drummond High is $60k/year.

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What industries drive the economy in Drummond High?

The largest employment sectors in Drummond High are public administration (23%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.