Melstone, MT Profile: Facts & Data

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Melstone, Montana - Basic Facts

The Town of Melstone had a population of 133 as of July 1, 2023. Melstone ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Montana. See peer rankings below.

The primary coordinate point for Melstone is located at latitude 46.5986 and longitude -107.872 in Musselshell County. The formal boundaries for the Town of Melstone encompass a land area of 0.69 sq. miles and a water area of 0 sq. miles. Musselshell County is in the Mountain time zone (GMT -7).

The Town of Melstone has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Montana is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Melstone is located within Melstone Division of Musselshell County.


Jump to... (On This Page!)
  1. Melstone 2023 Demographic Data
  2. Growth Rates for Melstone (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Montana Research Tools (Easy Tools & Current Data)
  3. Montana Data Comparison Tool - 2023 Demographics
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Melstone, MT Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 133 (100%)
Population in Households 130 (97.7%)
Population in Families 116 (87.2%)
Population in Group Quarters1 3 ( 2.3%)
Population Density 216
Diversity Index2 15
 
 

INCOME

Median Household Income $50,000
Average Household Income $62,276
% of Income for Mortgage4 0%
Per Capita Income $24,389
Wealth Index5 40
Socioeconomic Status Index6 Low (44.4)
 

HOUSING

Total HU (Housing Units) 61 (100%)
Owner Occupied HU 37 (60.7%)
Renter Occupied HU 15 (24.6%)
Vacant Housing Units 9 (14.8%)
Median Home Value $275,000
Average Home Value $352,703
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 52
Average Household Size 2.50
Family Households 40
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 1.68% 0.00%
Households -1.15% 0.00%
Families   -1.02%
Median Household Income   6.57%
Per Capita Income   2.48%
Owner Occupied HU   -3.48%

Melstone, MT - Peer Comparisons by Rank and Percentile

The table below compares Melstone to the other 497 incorporated cities, towns and CDPs in Montana by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 295 41st
Population Density # 205 59th
Median Household Income # 351 31st
Housing Affordability Index # 163 33rd
Per Capita Income # 407 18th
Diversity Index # 381 23rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Montana Census Data Comparison Tool.

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