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Swan Lake

Learn about the people, housing, costs and businesses in Swan Lake, Montana

Median Home$662,000
Median Rent$2,545/month
Population110
Leading IndustriesEducation · Manufacturing6% education
Home Value Growth⬆⬆⬆+24.7% over 2 years
Retirees31% of residentswell above average
Homeowners93% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Swan Lake
MT

Frequently Asked Questions

What are today's mortgage rates in Swan Lake?

As of today, the 30-year fixed mortgage rate for Swan Lake is approximately 6.840% (6.874% 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 Swan Lake?

The median home value in Swan Lake is $662k. The median monthly rent is $2,545. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Swan Lake?

Home values in Swan Lake have increased 24.7% 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 Swan Lake?

Based on a typical all-in ownership cost of $1,584/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Swan Lake is $83k/year.

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What industries drive the economy in Swan Lake?

The largest employment sectors in Swan Lake are public administration (25%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.