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Zortman

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

Median Home$197,600
Median Rent$536/month
Population82
Leading IndustriesAgriculture & Mining · Construction · Manufacturing32% agriculture & mining
Home Value Growth⬆⬆+12.4% over 2 years
Retirees24% of residentsslightly above average
Homeowners74% of occupied units
Zortman
MT

Frequently Asked Questions

What are today's mortgage rates in Zortman?

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

The median home value in Zortman is $198k. The median monthly rent is $536. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Zortman?

Home values in Zortman have increased 12.4% 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 Zortman?

Based on a typical all-in ownership cost of $562/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Zortman is $53k/year.

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What industries drive the economy in Zortman?

The largest employment sectors in Zortman are agriculture and mining (32%) and construction (27%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.