Living in Belgrade, Montana

Cost of living, income, home prices, rent and demographics of Belgrade · Census data 2020–2024

Belgrade has 11,872 residents with a median age of 33.3. The median household income is $97,328 (34% higher than the Montana median), the median home value is $535,200, the median rent is $1,877/month.

Belgrade at a glance

Population
11,872
Median age
33.3State: 40.4
Median household income
$97,328State: $72,509
Median home value
$535,200State: $375,800
Median rent
$1,877/moState: $1,081
Homeowners
56.1%
Bachelor's degree or higher
37.5%
Average commute
25 min

Is Belgrade a good place to live?

Pros: Median household income 34% higher than the Montana median; unemployment of 3%; a poverty rate of 11.2%.

Cons: Home values 42% higher than the state median; an average commute of 25 minutes.

The weather is best in June to September.

Cost of living in Belgrade

Housing is the biggest part of the cost of living. In Belgrade the median home value is $535,200, 61% higher than the U.S. median. Renters pay a median of $1,877 per month, which is 28.6% of household income. Homeowners with a mortgage pay $1,983 a month in housing costs.

Median home value

Belgrade$535,200
Montana$375,800
United States$332,700

Median monthly rent

Belgrade$1,877
Montana$1,081
United States$1,413

Belgrade median household income

The median household income in Belgrade is $97,328 and the income per person is $54,900. 11.2% of residents live below the poverty line (Montana: 11.5%).

Median household income

Belgrade$97,328
Montana$72,509
United States$80,734

Housing in Belgrade: homes for sale and rent

Housing units
4,994
Owner-occupied
56.1%
Renter-occupied
43.9%
Vacant
2.8%Includes seasonal homes
Median year built
2002
Average household size
2.44

Belgrade demographics

Population
11,872
Median age
33.3
Under 18
25.4%
65 and older
6.5%
Households
4,852
Foreign-born
4.1%
Veterans
6.3%Adults 18+

Race and ethnicity

White85.6%
Hispanic or Latino6.9%
Black0.3%
Asian0.5%

Hispanic or Latino can be of any race. Population history of Belgrade ›

Education in Belgrade

37.5% of adults 25 and older in Belgrade have a bachelor's degree or higher (Montana: 35.2%), and 11.1% have a graduate or professional degree.

Bachelor's degree or higher

Belgrade37.5%
Montana35.2%
United States35.7%

Jobs and commute in Belgrade

Unemployment rate
3%State: 3.6%
Average commute
25 minState: 19 min
Work from home
10.8%
Drive alone
80.2%
Public transit
0.2%
Walk to work
0.2%
Homes with broadband
93.9%

Belgrade vs nearby towns

TownPopulationMedian incomeHome valueRent
Belgrade11,872$97,328$535,200$1,877
Churchill1,167$108,281$690,600$1,382
Four Corners5,791$100,917$648,400$1,338
Amsterdam130$85,750$480,000—
King Arthur Park1,992$109,106—$2,223
Springhill187$79,115——
Bozeman56,114$85,747$687,900$1,717
Manhattan2,288$87,865$517,800$1,585
Gallatin River Ranch127$101,250$1,375,000—

More for people moving to Belgrade

Belgrade ZIP code ›Weather and climate ›

Living in Belgrade: FAQ

What is the median household income in Belgrade, MT?

The median household income in Belgrade is $97,328, 34% higher than the Montana median of $72,509 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Belgrade?

The median home value in Belgrade is $535,200, compared with $375,800 in Montana.

How much is rent in Belgrade?

The median gross rent in Belgrade is $1,877 per month, about 28.6% of household income.

Is Belgrade, MT a good place to live?

Pluses: median household income 34% higher than the Montana median; unemployment of 3%; a poverty rate of 11.2%. Minuses: home values 42% higher than the state median; an average commute of 25 minutes.

What is the median age in Belgrade?

The median age in Belgrade is 33.3 years (Montana: 40.4).

How long is the commute in Belgrade?

The average commute to work in Belgrade is 25 minutes; 10.8% of workers work from home.

What is the unemployment rate in Belgrade?

The unemployment rate in Belgrade is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Belgrade?

37.5% of adults in Belgrade have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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