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Gibson Flats

Learn about the people, housing, costs and businesses in Gibson Flats, Montana

Median Home$352,300
Median Rent$931/month
Population194
Leading IndustriesPublic Administration · Construction33% public administration
Home Value Growth⬆⬆+14.8% over 2 years
Retirees25% of residentsabove average nationally
Renters57% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Gibson Flats
MT

Frequently Asked Questions

What are today's mortgage rates in Gibson Flats?

As of today, the 30-year fixed mortgage rate for Gibson Flats is approximately 6.933% (6.970% 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 Gibson Flats?

The median home value in Gibson Flats is $352k. The median monthly rent is $931. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gibson Flats?

Home values in Gibson Flats have increased 14.8% 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 Gibson Flats?

Based on a typical all-in ownership cost of $985/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gibson Flats is $50k/year.

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What industries drive the economy in Gibson Flats?

The largest employment sectors in Gibson Flats are public administration (33%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.