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Silver Gate

Learn about the people, housing, costs and businesses in Silver Gate, Montana

Median Home$610,200
Median Rent$654/month
Population18
Leading IndustriesFinance & Insurance · Healthcare · Information & Media9% finance & insurance
Home Value Growth⬆⬆+16.5% over 2 years
Young Adults33% of residentswell above average
Homeowners60% of occupied units
Silver Gate
MT

Frequently Asked Questions

What are today's mortgage rates in Silver Gate?

As of today, the 30-year fixed mortgage rate for Silver Gate is approximately 7.024% (7.065% 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 Silver Gate?

The median home value in Silver Gate is $610k. The median monthly rent is $654. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Silver Gate?

Home values in Silver Gate have increased 16.5% 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 Silver Gate?

Based on a typical all-in ownership cost of $719/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Silver Gate is $58k/year.

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What industries drive the economy in Silver Gate?

The largest employment sectors in Silver Gate are public administration (18%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.