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Reed Point High

Learn about the people, housing, costs and businesses in Reed Point High, Montana

Median Home$429,811
Median Rent$1,140/month
Population430
Leading IndustriesManufacturing · Transportation · Public Administration1% manufacturing
Home Value Growth⬆⬆⬆+28.5% over 2 years
Retirees23% of residentsabove average nationally
Homeowners84% of occupied units
NotableVeteran Community8% of residents · top 19% nationally
Reed Point High
MT

Frequently Asked Questions

What are today's mortgage rates in Reed Point High?

As of today, the 30-year fixed mortgage rate for Reed Point High 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 Reed Point High?

The median home value in Reed Point High is $430k. The median monthly rent is $1,140. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reed Point High?

Home values in Reed Point High have increased 28.5% 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 Reed Point High?

Based on a typical all-in ownership cost of $1,246/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reed Point High is $85k/year.

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What industries drive the economy in Reed Point High?

The largest employment sectors in Reed Point High are public administration (26%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.