Montana Census & Demographic Data - July 1, 2020

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Montana Census Data

The tables below provide updated data and demographic estimates for Montana as of July 1, 2020. Our Montana Census Data Comparison Tool allows you to compare and rank MT cities, towns, ZIP Codes and Counties.

Montana Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 1,096,002 (100%)
Population in Households 1,067,044 (97.4%)
Population in Families 814,458 (74.3%)
Population in Group Quarters1 28,958 ( 2.6%)
Population Density 8
Diversity Index2 29
 
 

INCOME

Median Household Income $54,754
Average Household Income $73,587
% of Income for Mortgage4 19%
Per Capita Income $30,712
Wealth Index5 77
 

HOUSING

Total HU (Housing Units) 537,543 (100%)
Owner Occupied HU 303,363 (56.4%)
Renter Occupied HU 152,744 (28.4%)
Vacant Housing Units 81,436 (15.1%)
Median Home Value $245,260
Average Home Value $304,832
Housing Affordability Index3 125
 

HOUSEHOLDS

Total Households 456,107
Average Household Size 2.34
Family Households 279,290
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 1.0% 0.97%
Households 1.05% 1.0%
Families 0.81% 0.85%
Median Household Income   1.25%
Per Capita Income   1.94%
Owner Occupied HU   1.01%


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