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Sylvanite

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

Median Home$371,400
Median Rent$879/month
Population96
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing13% construction
Home Value Growth⬆⬆+17.5% over 2 years
Retirees34% of residentstop 4% nationally
Homeowners83% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
Sylvanite
MT

Frequently Asked Questions

What are today's mortgage rates in Sylvanite?

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

The median home value in Sylvanite is $371k. The median monthly rent is $879. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sylvanite?

Home values in Sylvanite have increased 17.5% 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 Sylvanite?

Based on a typical all-in ownership cost of $533/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sylvanite is $40k/year.

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What industries drive the economy in Sylvanite?

The largest employment sectors in Sylvanite are public administration (16%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.