59071, Roscoe, MT

Roscoe, MT is located in the 59071 zip code. According to the 2010 census, Roscoe has a population of 2,853 people. The median household income in Roscoe is $50,902 and the median family income is $60,000. The unemployment rate in Roscoe is 5.5%. Home prices in Roscoe have increased significantly over the past five years. In March of 2009, the median home price was $128,000 and by March of 2013 the median home price had increased to $209,000. This represents an increase of 116%.

There are a number of factors that may contribute to this increase in home prices in Roscoe. One reason may be that there has been an influx of new residents into Roscoe over the past few years due to its proximity to both Helena and Missoula. Additionally, many people who live in Roscoe are able to afford homes that are priced above average for the area due to their high incomes. Another factor that may have contributed to this increase in home prices is low interest rates which make it more affordable for buyers to purchase homes outright rather than borrow money against them.

Despite these positive trends however, there are some challenges facing homeowners in Roscoe as well. One challenge is that there has been an increase in housing demand but not enough new housing construction has occurred since 2007 which has caused prices for existing homes to rise faster than inflation rates would predict. Additionally, although interest rates have remained relatively low for a long period of time now (making it more affordable for buyers), they could potentially rise at any time which could cause a decrease in demand and consequently lower home values within the 59071 zip code area