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Target Range

Learn about the people, housing, costs and businesses in Target Range, Montana

Median Home$599,381
Median Rent$1,234/month
Population4,181
Leading IndustriesConstruction · Agriculture & Mining · Arts, Food & Hospitality4% construction
Home Value Growth⬆⬆⬆+24.4% over 2 years
Retirees30% of residentstop 1% nationally
Homeowners72% of occupied units
NotableVeteran Community12% of residents · top 1% nationally
Target Range
MT

Frequently Asked Questions

What are today's mortgage rates in Target Range?

As of today, the 30-year fixed mortgage rate for Target Range is approximately 6.776% (6.808% 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 Target Range?

The median home value in Target Range is $599k. The median monthly rent is $1,234. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Target Range?

Home values in Target Range have increased 24.4% 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 Target Range?

Based on a typical all-in ownership cost of $1,293/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Target Range is $96k/year.

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What industries drive the economy in Target Range?

The largest employment sectors in Target Range are public administration (24%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.