Income needed to buy a home
Hot Springs County, WY
$81,309
a year in household income to buy the typical Hot Springs County home with 10% down.
The monthly math
Typical home value$248,958
Down payment (10%)$24,896
Loan$224,062
Principal and interest (7.40%)$1,551/mo
Property tax (0.62% a year)$128/mo
Homeowners insurance (estimate)$124/mo
Mortgage insurance$93/mo
Total monthly cost$1,897/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
A stretch
The typical household here earns $61,250 a year, 75% of what it takes.
In Wyoming
Hot Springs County ranks #3 of 23 for the income a home takes, from least to most.
Easiest to afford in Wyoming
| County | Typical home | Income needed |
|---|---|---|
| Niobrara County | $190,909 | $59,909 |
| Carbon County | $217,439 | $70,463 |
| Goshen County | $251,970 | $82,032 |
| Weston County | $251,257 | $82,167 |
| Platte County | $278,336 | $89,224 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.