59845 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Sanders County
Centroid: Latitude 47.594, Longitude -114.677
Time Zone: Mountain Time Zone (UTC -7 hours)
Observes DST: Yes

ZIP Code 59845 has segments in 3 Counties (Flathead, Lake, Sanders).

Businesses Addresses: 47
PO Box Addresses: 577
Residential Addresses: 140

Multi-Family Addresses: 0
Single Family Addresses: 140

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: August 4, 2020.

Hot Springs, MT 59845 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	1,113 (100%)
Population in Households	1,085 (97.5%)
Population in Families	736 (66.1%)
Population in Group Quarters¹	28 ( 2.5%)
Population Density	3
Diversity Index²	48


INCOME
Median Household Income	$26,935
Average Household Income	$40,959
% of Income for Mortgage⁴	23%
Per Capita Income	$20,209
Wealth Index⁵	33

HOUSING
Total HU (Housing Units)	723 (100%)
Owner Occupied HU	341 (47.2%)
Renter Occupied HU	207 (28.6%)
Vacant Housing Units	175 (24.2%)
Median Home Value	$144,907
Average Home Value	$180,792
Housing Affordability Index³	120

HOUSEHOLDS
Total Households	548
Average Household Size	1.98
Family Households	262
Average Family Size	3

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.

Hot Springs, MT 59845 - Peer Comparisons by Rank and Percentile

The table below compares 59845 to the other 363 ZIP Codes in Montana by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	-0.09%	0.07%
Households	-0.09%	0.11%
Families	-0.44%	-0.08%
Median Household Income		1.31%
Per Capita Income		2.08%
Owner Occupied HU		-0.06%

Variable Description	Rank	Percentile
Total Population	# 125	66th
Population Density	# 152	59th
Median Household Income	# 358	2nd
Housing Affordability Index	# 148	41st
Per Capita Income	# 335	8th
Diversity Index	# 23	94th

Hot Springs, MT 59845 ZIP Code Profile

ZIP Code 59845: Basic Data & USPS Preferred City Name

Hot Springs, MT 59845 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hot Springs, MT 59845 - Peer Comparisons by Rank and Percentile

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