Nashua, MT Profile: Facts & Data

The primary coordinate point for Nashua is located at latitude 48.1322 and longitude -106.3564 in Valley County. The formal boundaries for the Town of Nashua encompass a land area of 0.66 sq. miles and a water area of 0 sq. miles. Valley County is in the Mountain time zone (GMT -7).

The Town of Nashua 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 Town of Nashua is located within Glasgow Division of Valley County.

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

POPULATION
Total Population	321 (100%)
Population in Households	321 (100.0%)
Population in Families	249 (77.6%)
Population in Group Quarters¹	0
Population Density	455
Diversity Index²	25


INCOME
Median Household Income	$80,728
Average Household Income	$92,751
% of Income for Mortgage⁴	24%
Per Capita Income	$38,718
Wealth Index⁵	89
Socioeconomic Status Index⁶	Moderate (57.0)

HOUSING
Total HU (Housing Units)	178 (100%)
Owner Occupied HU	98 (55.1%)
Renter Occupied HU	36 (20.2%)
Vacant Housing Units	44 (24.7%)
Median Home Value	$303,704
Average Home Value	$293,367
Housing Affordability Index³	104

HOUSEHOLDS
Total Households	134
Average Household Size	2.40
Family Households	81
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.

Nashua, MT - Peer Comparisons by Rank and Percentile

The table below compares Nashua 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	1.53%	-0.38%
Households	-0.69%	-0.30%
Families		-0.25%
Median Household Income		0.02%
Per Capita Income		2.80%
Owner Occupied HU		0.40%

Variable Description	Rank	Percentile
Total Population	# 191	62nd
Population Density	# 136	73rd
Median Household Income	# 97	81st
Housing Affordability Index	# 433	87th
Per Capita Income	# 198	60th
Diversity Index	# 204	59th

Nashua, MT Profile: Facts & Data

Nashua, Montana - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Nashua, MT - Peer Comparisons by Rank and Percentile

Nashua, MT - Most Popular Things to Do

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