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Kila

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

Median Home$630,915
Median Rent$1,054/month
Population454
Leading IndustriesTransportation · Education · Construction4% transportation
Home Value Growth⬆⬆+12.0% over 2 years
Retirees25% of residentsabove average nationally
Homeowners86% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Kila
MT

Frequently Asked Questions

What are today's mortgage rates in Kila?

As of today, the 30-year fixed mortgage rate for Kila is approximately 6.818% (6.851% 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 Kila?

The median home value in Kila is $631k. The median monthly rent is $1,054. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kila?

Home values in Kila have increased 12.0% 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 Kila?

Based on a typical all-in ownership cost of $1,463/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kila is $81k/year.

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What industries drive the economy in Kila?

The largest employment sectors in Kila are public administration (24%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.