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Lima K-12 Schools

Learn about the people, housing, costs and businesses in Lima K-12 Schools, Montana

Median Home$238,020
Median Rent$1,326/month
Population71,192
Leading IndustriesManufacturing · Professional Services · Education1% manufacturing
Home Value Growth⬆⬆+19.8% over 2 years
Young Adults26% of residents
Homeowners75% of occupied units
Lima K-12 Schools
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 Lima K-12 Schools?

As of today, the 30-year fixed mortgage rate for Lima K-12 Schools is approximately 6.953% (6.991% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lima K-12 Schools
What is the median home price in Lima K-12 Schools?

The median home value in Lima K-12 Schools is $238k. The median monthly rent is $1,326. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lima K-12 Schools?

Home values in Lima K-12 Schools have increased 19.8% 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 Lima K-12 Schools?

Based on a typical all-in ownership cost of $1,304/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lima K-12 Schools is $83k/year.

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What industries drive the economy in Lima K-12 Schools?

The largest employment sectors in Lima K-12 Schools are public administration (24%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.