Luther, MT Profile: Facts & Data

The primary coordinate point for Luther is located at latitude 45.2846 and longitude -109.4241 in Carbon County. Carbon 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 Luther Census Designated Place is located within Red Lodge Division of Carbon 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.

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

POPULATION
Total Population	34 (100%)
Population in Households	34 (100.0%)
Population in Families	31 (91.2%)
Population in Group Quarters¹	0
Population Density	60
Diversity Index²	26


INCOME
Median Household Income	$61,005
Average Household Income	$109,207
% of Income for Mortgage⁴	0%
Per Capita Income	$44,968
Wealth Index⁵	127
Socioeconomic Status Index⁶	High (77.6)

HOUSING
Total HU (Housing Units)	21 (100%)
Owner Occupied HU	9 (42.9%)
Renter Occupied HU	5 (23.8%)
Vacant Housing Units	7 (33.3%)
Median Home Value	$416,667
Average Home Value	$411,111
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	14
Average Household Size	2.43
Family Households	11
Average Family Size	3.00

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.

Luther, MT - Peer Comparisons by Rank and Percentile

The table below compares Luther 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	2.99%	1.71%
Households	-3.09%	1.39%
Families		1.76%
Median Household Income		5.57%
Per Capita Income		2.91%
Owner Occupied HU		4.10%

Variable Description	Rank	Percentile
Total Population	# 422	15th
Population Density	# 346	30th
Median Household Income	# 241	52nd
Housing Affordability Index	# 64	13th
Per Capita Income	# 117	77th
Diversity Index	# 183	63rd

Luther, MT Profile: Facts & Data

Luther, Montana - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Luther, MT - Peer Comparisons by Rank and Percentile

Luther, MT - Most Popular Things to Do

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