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McLeod

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

Median Home$330,100
Median Rent$1,149/month
Population232
Leading IndustriesEducation · Arts, Food & Hospitality · Transportation3% education
Home Value Growth+10.4% over 2 years
Young Adults27% of residents
Homeowners79% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 14% nationally
McLeod
MT

Frequently Asked Questions

What are today's mortgage rates in McLeod?

As of today, the 30-year fixed mortgage rate for McLeod 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 McLeod?

The median home value in McLeod is $330k. The median monthly rent is $1,149. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McLeod?

Home values in McLeod have increased 10.4% 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 McLeod?

Based on a typical all-in ownership cost of $1,016/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McLeod is $77k/year.

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What industries drive the economy in McLeod?

The largest employment sectors in McLeod are public administration (23%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.