Quick facts: Roberts, MT

Quick Facts

104.7
Cost of Living
above US average
281
Population
3.56
Crime Rate per 1000
below US average
$76,688
Median Income
below US average
$354,000
Median House Price
above US average
$1535
Average Rent
above US average
9%
Poverty Rate
below US average
3.2%
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 $76,688.

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Income Needed to Buy

βœ— Stretch
$111k/year
Based on $354,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $111k vs median $76,688
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Income Needed to Rent

βœ“ Affordable
$66k/year
Based on $1535/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($76,688) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Roberts, MT

Roberts, Montana, is a small town located in Sweet Grass County, in the south-central part of the state. With a population of just around 600 residents, Roberts has a tight-knit community atmosphere that is characteristic of many rural towns in Montana. The town is situated near the scenic Beartooth Mountains, making it an attractive spot for outdoor enthusiasts. Roberts is known for its stunning landscapes, including vast open plains and rolling hills, and offers access to various recreational activities such as hiking, fishing, and hunting. The area is rich in wildlife and provides ample opportunities for nature lovers and photographers. The town has local amenities, including a few shops, a post office, and recreational facilities. Residents enjoy a slower pace of life, with the community often coming together for local events and gatherings. Overall, Roberts is a quaint and picturesque representative of small-town Montana, ideal for those seeking a peaceful retreat in a naturally beautiful setting.

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