Living in Charlo, Montana
Cost of living, income, home prices, rent and demographics of Charlo · Census data 2020–2024
Charlo has 306 residents with a median age of 55.5. The median household income is $40,469 (44% lower than the Montana median), the median home value is $210,800, the median rent is $843/month.
Charlo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Charlo at a glance
- Population
- 306
- Median age
- 55.5State: 40.4
- Median household income
- $40,469State: $72,509
- Median home value
- $210,800State: $375,800
- Median rent
- $843/moState: $1,081
- Homeowners
- 67.8%
- Bachelor's degree or higher
- 15.6%
- Average commute
- 31 min
Is Charlo a good place to live?
Pros: Home values 44% lower than the state median.
Cons: Median household income 44% lower than the Montana median; an average commute of 31 minutes; unemployment of 4%; a poverty rate of 17.3%.
The weather is best in June to September.
Cost of living in Charlo
Housing is the biggest part of the cost of living. In Charlo the median home value is $210,800, 37% lower than the U.S. median. Renters pay a median of $843 per month, which is 30.8% of household income. Homeowners with a mortgage pay $1,302 a month in housing costs.
Charlo median household income
The median household income in Charlo is $40,469 and the income per person is $29,428. 17.3% of residents live below the poverty line (Montana: 11.5%).
Housing in Charlo: homes for sale and rent
- Housing units
- 156
- Owner-occupied
- 67.8%
- Renter-occupied
- 32.2%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.05
Charlo demographics
- Population
- 306
- Median age
- 55.5
- Under 18
- 13.4%
- 65 and older
- 30.7%
- Households
- 149
- Foreign-born
- 2.3%
- Veterans
- 18.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Charlo ›
Education in Charlo
15.6% of adults 25 and older in Charlo have a bachelor's degree or higher (Montana: 35.2%), and 7.4% have a graduate or professional degree.
Jobs and commute in Charlo
- Unemployment rate
- 4%State: 3.6%
- Average commute
- 31 minState: 19 min
- Work from home
- 19.9%
- Drive alone
- 69.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 78.5%
Charlo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Charlo | 306 | $40,469 | $210,800 | $843 |
| Ronan | 2,001 | $42,298 | $225,500 | $880 |
| St. Ignatius | 977 | $50,000 | $250,000 | $842 |
| Old Agency | 129 | $45,750 | — | $550 |
| Ravalli | 146 | $78,922 | — | — |
| Pablo | 1,632 | $36,400 | $256,700 | $793 |
| Polson | 5,428 | $53,418 | $356,300 | $912 |
| Jette | 218 | $49,219 | $579,900 | — |
| Arlee | 812 | $57,500 | $261,400 | $890 |
More for people moving to Charlo
Charlo ZIP code ›Weather and climate ›Living in Charlo: FAQ
What is the median household income in Charlo, MT?
The median household income in Charlo is $40,469, 44% lower 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 Charlo?
The median home value in Charlo is $210,800, compared with $375,800 in Montana.
How much is rent in Charlo?
The median gross rent in Charlo is $843 per month, about 30.8% of household income.
Is Charlo, MT a good place to live?
Pluses: home values 44% lower than the state median. Minuses: median household income 44% lower than the Montana median; an average commute of 31 minutes; unemployment of 4%; a poverty rate of 17.3%.
What is the median age in Charlo?
The median age in Charlo is 55.5 years (Montana: 40.4).
How long is the commute in Charlo?
The average commute to work in Charlo is 31 minutes; 19.9% of workers work from home.
What is the unemployment rate in Charlo?
The unemployment rate in Charlo is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Charlo?
15.6% of adults in Charlo 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.
Last updated: