Safe Rate Local

Petroleum County

Learn about the people, housing, costs and businesses in Petroleum County County

Median Home$201,400
Median Rent$800/month
Population447
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance35% construction
Retirees28% of residentswell above average
Homeowners73% of occupied units
NotableVeteran Community16% of residents · top 1% nationally
NotableHighly Educated20% bachelor's · 10% graduate · top 22% nationally
Petroleum County
MT

Frequently Asked Questions

What are today's mortgage rates in Petroleum County?

As of today, the 30-year fixed mortgage rate for Petroleum County is approximately 6.910% (6.933% 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 Petroleum County
What is the median home price in Petroleum County?

The median home value in Petroleum County is $201k. The median monthly rent is $800. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Petroleum County?

Based on a typical all-in ownership cost of $677/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Petroleum County is $60k/year.

Calculate your buying power
What industries drive the economy in Petroleum County?

The largest employment sectors in Petroleum County are agriculture and mining (36%) and construction (35%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas