Living in Colstrip, Montana
Cost of living, income, home prices, rent and demographics of Colstrip · Census data 2020–2024
Colstrip has 2,101 residents with a median age of 44.2. The median household income is $82,500 (14% higher than the Montana median), the median home value is $194,900, the median rent is $659/month.
Colstrip at a glance
- Population
- 2,101
- Median age
- 44.2State: 40.4
- Median household income
- $82,500State: $72,509
- Median home value
- $194,900State: $375,800
- Median rent
- $659/moState: $1,081
- Homeowners
- 82.8%
- Bachelor's degree or higher
- 25.9%
- Average commute
- 11 min
Is Colstrip a good place to live?
Pros: Median household income 14% higher than the Montana median; home values 48% lower than the state median; an average commute of 11 minutes; a poverty rate of 9.4%.
Cons: Unemployment of 8.2%.
The weather is best in June to September.
Cost of living in Colstrip
Housing is the biggest part of the cost of living. In Colstrip the median home value is $194,900, 41% lower than the U.S. median. Renters pay a median of $659 per month, which is 15% of household income. Homeowners with a mortgage pay $1,420 a month in housing costs.
Colstrip median household income
The median household income in Colstrip is $82,500 and the income per person is $42,447. 9.4% of residents live below the poverty line (Montana: 11.5%).
Housing in Colstrip: homes for sale and rent
- Housing units
- 940
- Owner-occupied
- 82.8%
- Renter-occupied
- 17.2%
- Vacant
- 14.7%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.61
Colstrip demographics
- Population
- 2,101
- Median age
- 44.2
- Under 18
- 27.2%
- 65 and older
- 13.5%
- Households
- 802
- Foreign-born
- 0.6%
- Veterans
- 21.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Colstrip ›
Education in Colstrip
25.9% of adults 25 and older in Colstrip have a bachelor's degree or higher (Montana: 35.2%), and 6.6% have a graduate or professional degree.
Jobs and commute in Colstrip
- Unemployment rate
- 8.2%State: 3.6%
- Average commute
- 11 minState: 19 min
- Work from home
- 2.6%
- Drive alone
- 89.1%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 90.5%
Colstrip vs nearby towns
More for people moving to Colstrip
Colstrip ZIP code ›Weather and climate ›Living in Colstrip: FAQ
What is the median household income in Colstrip, MT?
The median household income in Colstrip is $82,500, 14% 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 Colstrip?
The median home value in Colstrip is $194,900, compared with $375,800 in Montana.
How much is rent in Colstrip?
The median gross rent in Colstrip is $659 per month, about 15% of household income.
Is Colstrip, MT a good place to live?
Pluses: median household income 14% higher than the Montana median; home values 48% lower than the state median; an average commute of 11 minutes; a poverty rate of 9.4%. Minuses: unemployment of 8.2%.
What is the median age in Colstrip?
The median age in Colstrip is 44.2 years (Montana: 40.4).
How long is the commute in Colstrip?
The average commute to work in Colstrip is 11 minutes; 2.6% of workers work from home.
What is the unemployment rate in Colstrip?
The unemployment rate in Colstrip is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Colstrip?
25.9% of adults in Colstrip 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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