Quick facts: Gildford, MT

Quick Facts

104.7
Cost of Living
above US average
166
Population
30.12
Crime Rate per 1000
above US average
$44,539
Median Income
below US average
$266,000
Median House Price
above US average
$1535
Average Rent
above US average
10%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $44,539.

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Income Needed to Buy

βœ— Stretch
$83k/year
Based on $266,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $83k vs median $44,539
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Income Needed to Rent

⚠ Stretch
$66k/year
Based on $1535/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $66k vs median $44,539
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Gildford, MT

Gildford is a small, charming community located in Hill County, Montana. Nestled within the northern plains, this rural town boasts a tight-knit population that values its agricultural roots and scenic landscapes. The area is characterized by wide-open spaces, rolling hills, and stunning views of the Rocky Mountains to the south. Gildford is predominantly residential, with a strong sense of community among its residents. The town offers basic amenities, such as local shops and services, catering primarily to the needs of the local populace. Outdoor enthusiasts will appreciate the proximity to various recreational opportunities, including fishing, hiking, and hunting, with the Milk River and nearby parks providing ample chances for adventure. Culturally, Gildford embraces traditional Montana values, and local events often reflect its agricultural heritage. The town is served by Gildford School, which offers education for K-12 students, fostering a sense of community engagement amongst families. Overall, Gildford, MT, offers a peaceful, rural lifestyle, making it an attractive place for those who appreciate the serenity and beauty of the Great Plains.

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