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Racetrack

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

Median Home$281,100
Median Rent$826/month
Population42
Leading IndustriesInformation & Media · Retail · Construction11% information & media
Home Value Growth⬆⬆⬆+21.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners71% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Racetrack
MT

Frequently Asked Questions

What are today's mortgage rates in Racetrack?

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

The median home value in Racetrack is $281k. The median monthly rent is $826. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Racetrack?

Home values in Racetrack have increased 21.2% 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 Racetrack?

Based on a typical all-in ownership cost of $885/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Racetrack is $62k/year.

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What industries drive the economy in Racetrack?

The largest employment sectors in Racetrack are public administration (21%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.