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Paradise

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

Median Home$453,400
Median Rent$864/month
Population185
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining16% wholesale trade
Home Value Growth⬆⬆+18.1% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners79% of occupied units
Paradise
MT

Frequently Asked Questions

What are today's mortgage rates in Paradise?

As of today, the 30-year fixed mortgage rate for Paradise is approximately 6.904% (6.940% 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 Paradise?

The median home value in Paradise is $453k. The median monthly rent is $864. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paradise?

Home values in Paradise have increased 18.1% 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 Paradise?

Based on a typical all-in ownership cost of $843/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paradise is $63k/year.

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What industries drive the economy in Paradise?

The largest employment sectors in Paradise are wholesale trade (16%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.