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Potomac

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

Median Home$416,100
Median Rent$858/month
Population25
Leading IndustriesRetail · Education · Arts, Food & Hospitality18% retail
Home Value Growth⬆⬆+15.7% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners83% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Potomac
MT

Frequently Asked Questions

What are today's mortgage rates in Potomac?

As of today, the 30-year fixed mortgage rate for Potomac is approximately 6.910% (6.947% 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 Potomac?

The median home value in Potomac is $416k. The median monthly rent is $858. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Potomac?

Home values in Potomac have increased 15.7% 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 Potomac?

Based on a typical all-in ownership cost of $1,002/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Potomac is $60k/year.

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What industries drive the economy in Potomac?

The largest employment sectors in Potomac are retail (18%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.