Belgrade, MT Profile: Facts & Data

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Belgrade, Montana - Basic Facts

The City of Belgrade is the 8th largest city in Montana with a population of 11,314 as of July 1, 2023. Belgrade ranks in the upper quartile for Population Density and 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 Belgrade is located at latitude 45.776 and longitude -111.1769 in Gallatin County. The formal boundaries for the City of Belgrade encompass a land area of 3.56 sq. miles and a water area of 0 sq. miles. Gallatin County is in the Mountain time zone (GMT -7).

The City of Belgrade 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 City of Belgrade is located within Belgrade Division of Gallatin County.


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

POPULATION

Total Population 11,314 (100%)
Population in Households 11,286 (99.8%)
Population in Families 8,796 (77.7%)
Population in Group Quarters1 28 ( 0.2%)
Population Density 2,624
Diversity Index2 34
 
 

INCOME

Median Household Income $71,290
Average Household Income $103,236
% of Income for Mortgage4 28%
Per Capita Income $40,663
Wealth Index5 78
Socioeconomic Status Index6 Moderate (53.7)
 

HOUSING

Total HU (Housing Units) 4,714 (100%)
Owner Occupied HU 2,643 (56.1%)
Renter Occupied HU 1,813 (38.5%)
Vacant Housing Units 258 ( 5.5%)
Median Home Value $337,722
Average Home Value $432,160
Housing Affordability Index3 86
 

HOUSEHOLDS

Total Households 4,456
Average Household Size 2.53
Family Households 2,794
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 2.28% 1.72%
Households 2.43% 1.86%
Families   1.89%
Median Household Income   2.05%
Per Capita Income   2.67%
Owner Occupied HU   1.61%

Belgrade, MT - Peer Comparisons by Rank and Percentile

The table below compares Belgrade 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 # 8 99th
Population Density # 10 98th
Median Household Income # 126 75th
Housing Affordability Index # 354 71st
Per Capita Income # 139 72nd
Diversity Index # 85 83rd

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

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