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Shepherd High

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

Median Home$352,613
Median Rent$1,519/month
Population5,324
Leading IndustriesWholesale Trade · Finance & Insurance · Manufacturing10% wholesale trade
Home Value Growth+6.8% over 2 years
Retirees22% of residentsslightly above average
Homeowners90% of occupied units
NotableVeteran Community10% of residents · top 5% nationally
Shepherd High
MT

Frequently Asked Questions

What are today's mortgage rates in Shepherd High?

As of today, the 30-year fixed mortgage rate for Shepherd High is approximately 6.864% (6.899% 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 Shepherd High?

The median home value in Shepherd High is $353k. The median monthly rent is $1,519. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shepherd High?

Home values in Shepherd High have increased 6.8% over the past two years. This represents moderate growth. 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 Shepherd High?

Based on a typical all-in ownership cost of $1,306/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shepherd High is $83k/year.

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What industries drive the economy in Shepherd High?

The largest employment sectors in Shepherd High are public administration (23%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.