Forty Mile Colony, MT Profile: Facts & Data

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Forty Mile Colony, Montana - Basic Facts

The Forty Mile Colony CDP(1) had a population of 27 as of July 1, 2023. Forty Mile Colony ranks in the upper 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 Forty Mile Colony is located at latitude 45.2828 and longitude -107.3568 in Big Horn County.

It also has a Functional Status Code of ""

Montana is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Forty Mile Colony Census Designated Place is located within Crow Reservation Division of Big Horn County.


  1. 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.

Jump to... (On This Page!)
  1. Forty Mile Colony 2023 Demographic Data
  2. Growth Rates for Forty Mile Colony (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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Forty Mile Colony, MT Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 27 (100%)
Population in Households 27 (100.0%)
Population in Families 29 (107.4%)
Population in Group Quarters1 0
Population Density 141
Diversity Index2 32
 
 

INCOME

Median Household Income $75,000
Average Household Income $95,089
% of Income for Mortgage4 0%
Per Capita Income $28,174
Wealth Index5 69
Socioeconomic Status Index6 Moderate (51.9)
 

HOUSING

Total HU (Housing Units) 8 (100%)
Owner Occupied HU 7 (87.5%)
Renter Occupied HU 1 (12.5%)
Vacant Housing Units 0
Median Home Value $212,500
Average Home Value $185,714
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 8
Average Household Size 3.38
Family Households 8
Average Family Size 4.00
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 -1.11% 0.00%
Households 0.00% 0.00%
Families   0.00%
Median Household Income   0.00%
Per Capita Income   3.39%
Owner Occupied HU   -10.59%

Forty Mile Colony, MT - Peer Comparisons by Rank and Percentile

The table below compares Forty Mile Colony 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 # 443 11th
Population Density # 252 49th
Median Household Income # 109 77th
Housing Affordability Index # 150 30th
Per Capita Income # 365 27th
Diversity Index # 101 80th

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

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