Total monthly cost of ownership
Cost to Own a Home in Star Valley Ranch, Wyoming
A $471,000 home here costs
$3,522per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $151,000 a year.
A standard mortgage calculator would have told you $2,568. The real number is $954 higher every month, 37% more than the payment most buyers budget for.
Compare Lincoln County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Star Valley Ranch from a five-year rolling sample, and with about 2,107 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Lincoln County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Star Valley Ranch against Lincoln County and Wyoming
| Measure | Star Valley Ranch | Lincoln County |
|---|---|---|
| Median home value | $471,000 | $334,500 |
| Median property tax | $2,384 | $1,458 |
| Effective tax rate | 0.506% | 0.436% |
| Median gross rent | $1,646 | $868 |
| Population | 2,107 | 20,158 |
The weather behind that power bill
Star Valley Ranch sits in Lincoln County, which averages a high of 81.9°F in its hottest month and a low of -3.3°F in its coldest, with 7.66" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 31 cooling and 10,404 heating degree days, which is what sets the $125 electricity line above.
See the full climate breakdown for Lincoln County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lincoln County
Full Lincoln County cost breakdown · Every county in Wyoming
Talk to someone who works this market
These are Star Valley Ranch averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Star Valley Ranch every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Star Valley Ranch I already own here and may sell
Common questions
How much does it cost to own a home in Star Valley Ranch?
A $471,000 home in Star Valley Ranch, Wyoming costs approximately $3,522 per month with 20% down at 7.24%. That is $2,568 principal and interest, $199 property tax, $171 homeowners insurance, $193 utilities and $393 set aside for maintenance.
What is the property tax rate in Star Valley Ranch?
Star Valley Ranch has an effective property tax rate of 0.506%, based on a median home value of $471,000 and median real estate taxes of $2,384. That is higher than the Lincoln County average of 0.436%.
What is the average home price in Star Valley Ranch?
The median owner-occupied home value in Star Valley Ranch, Wyoming is $471,000, against $334,500 across Lincoln County.
Is it cheaper to rent or buy in Star Valley Ranch?
Median gross rent in Star Valley Ranch is $1,646 a month, against $3,522 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Star Valley Ranch?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Star Valley Ranch, Wyoming at today's rate takes a household income of roughly $151,000 a year. That covers the full $3,522 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Star Valley Ranch, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Wyoming.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.