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Gillette city, WY

ZIP 82716 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 82716

Median Home Value
$234,700
Median Rent
$829
Affordability Snapshot
$65,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,508/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 82716 in Gillette city, WY, a household would need roughly $65,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,508. That sits below the local median household income ($77,169), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.4%+12% vs US avg
x
Vacancy Rate
11.1%+7% vs US avg
x
Broadband Access
90.8%+4% vs US avg
x
4+ Bedrooms
7.8%-47% vs US avg
x
Built Pre-1939
2.6%-80% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
20.7%-58% vs US avg
x
Mortgage-Free
37.6%-2% vs US avg
x
$234,700
Home Value
$829
Rent
1980
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached47.3%
  • 1-unit attached4.9%
  • 2-9 units13.6%
  • 10+ units10.6%
  • Mobile home & other23.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$234,700
Median rent$829
Owner-occupied73.4%
Vacant11.1%
Price-to-income3.0x
Est. income to buy$65,000