Cut Bank, MT Real Estate
According to census data in the year 2000 there were 1,503 housing units in Cut Bank.
This represents a 1.9% decline from 1,532 in 1990.
Of those housing units, 1,475 were located in either urbanized areas or urban clusters, and 28 were located in what is classified as a rural area.
Homeownership rate in Cut Bank is about 74.6%.
Cut Bank's vacancy rate, including seasonal lodging, is about 15.2%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Cut Bank were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.10% |
| One Bedroom | 11.40% |
| Two Bedrooms | 34.20% |
| Three Bedrooms | 27% |
| Four Bedrooms | 20.60% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $60,200 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $248 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 52.70% |
| Debt Free | 37.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
