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Montana

State FIPS 30

Juniper

Montana is in the 82th percentile nationally for home price against income. It also sits in the lowest 22% nationally for home price growth over the past year. And it sits in the lowest 29% nationally for median income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$432,453

Higher than 66% of U.S. states
Median Income

$72,509

Lower than 71% of U.S. states
Hot Days/yr (>90°F)

22.9

The basics

Total Population

1,116,875

Median Age

40.4

Population Density

7.67

Home values & property tax

Median Property Tax

$2,693

Property Tax Rateyearly tax as a share of home value

0.72%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

5.18×

Higher than 82% of U.S. states
Median Rent

$1,081

Lower than 65% of U.S. states

Home prices & appreciation

Home Price Growth, Past Year

2.3%

Lower than 78% of U.S. states
Pandemic Price Run-Up2019–20 low → 2022–23 peak

57%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

9.2%

Climate & weather

Summer Avg High (°F)

80.7

Winter Avg Low (°F)

15.9

Avg Temperature (°F)

45

Freezing Days/yr (<32°F)

173.7

Annual Precipitation (in)

17.4

Annual Snowfall (in)

51.8

Go deeper

Explore every county, ZIP code, and census tract in Montana — demographics, housing, climate, and risk — on the interactive map.

Explore Montana on the map →

Montana: frequently asked questions

What is the typical home value in Montana?
The estimated median home value in Montana today is $432,453, higher than 66% of U.S. states.
How much is property tax in Montana?
The median annual property tax in Montana is $2,693, an effective rate of 0.72% of home value.
Is Montana expensive to live in?
Homes in Montana cost about 5.18× the median household income, higher than 82% of U.S. states.
What is the average rent in Montana?
The median gross rent in Montana is $1,081 a month, lower than 65% of U.S. states.
How much have home prices grown in Montana?
Home prices in Montana have moved 2.3% over the past year, per the FHFA House Price Index.
How many people live in Montana?
Montana has a population of 1,116,875, about 7.67 people per square mile, per the U.S. Census American Community Survey. The median age is 40.4.
What is the weather like in Montana?
Montana averages 45°F year-round, summer highs near 80.7°F, winter lows around 15.9°F (NOAA 1991–2020 normals). It sees about 51.8 inches of snow a year.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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