Nye, MT Profile: Facts & Data

The Nye CDP⁽¹⁾ had a population of 32 as of July 1, 2024. Nye 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 Nye is located at latitude 45.4355 and longitude -109.8091 in Stillwater County. Stillwater County is in the Mountain time zone (GMT -7).

Montana is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Nye Census Designated Place is located within Absarokee Division of Stillwater County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Nye, MT Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	32 (100%)
Population in Households	32 (100.0%)
Population in Families	26 (81.2%)
Population in Group Quarters¹	0
Population Density	91
Diversity Index²	12


INCOME
Median Household Income	$50,000
Average Household Income	$101,269
% of Income for Mortgage⁴	0%
Per Capita Income	$37,976
Wealth Index⁵	145
Socioeconomic Status Index⁶	Moderate (61.5)

HOUSING
Total HU (Housing Units)	33 (100%)
Owner Occupied HU	10 (30.3%)
Renter Occupied HU	2 ( 6.1%)
Vacant Housing Units	21 (63.6%)
Median Home Value	$433,333
Average Home Value	$577,500
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	12
Average Household Size	2.67
Family Households	7
Average Family Size	4.00

NOTES

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.
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.
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.
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).
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.
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.

Nye, MT - Peer Comparisons by Rank and Percentile

The table below compares Nye to the other 497 incorporated cities, towns and CDPs in Montana by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-3.96%	-1.28%
Households	-1.87%	0.00%
Families		5.15%
Median Household Income		18.80%
Per Capita Income		5.28%
Owner Occupied HU		-2.09%

Variable Description	Rank	Percentile
Total Population	# 425	14th
Population Density	# 311	38th
Median Household Income	# 370	27th
Housing Affordability Index	# 103	21st
Per Capita Income	# 214	57th
Diversity Index	# 434	13th

Nye, MT Profile: Facts & Data

Nye, Montana - Basic Facts

Nye, MT Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Nye, MT - Peer Comparisons by Rank and Percentile

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