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Lake Mary Ronan

Learn about the people, housing, costs and businesses in Lake Mary Ronan, Montana

Median Home$633,000
Median Rent$1,298/month
Population53
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance16% construction
Home Value Growth⬆⬆⬆+61.2% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners87% of occupied units
NotableHighly Educated29% bachelor's · 16% graduate · top 10% nationally
NotableVeteran Community9% of residents · top 22% nationally
Lake Mary Ronan
MT

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lake Mary Ronan?

As of today, the 30-year fixed mortgage rate for Lake Mary Ronan 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 Lake Mary Ronan?

The median home value in Lake Mary Ronan is $633k. The median monthly rent is $1,298. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Mary Ronan?

Home values in Lake Mary Ronan have increased 61.2% 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 Lake Mary Ronan?

Based on a typical all-in ownership cost of $981/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 Lake Mary Ronan is $91k/year.

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What industries drive the economy in Lake Mary Ronan?

The largest employment sectors in Lake Mary Ronan are agriculture and mining (16%) and construction (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.