Living in Cut Bank, Montana
Cost of living, income, home prices, rent and demographics of Cut Bank · Census data 2020–2024
Cut Bank has 3,028 residents with a median age of 37.6. The median household income is $49,432 (32% lower than the Montana median), the median home value is $164,100, the median rent is $988/month.
Cut Bank at a glance
- Population
- 3,028
- Median age
- 37.6State: 40.4
- Median household income
- $49,432State: $72,509
- Median home value
- $164,100State: $375,800
- Median rent
- $988/moState: $1,081
- Homeowners
- 67.3%
- Bachelor's degree or higher
- 16.6%
- Average commute
- 11 min
Is Cut Bank a good place to live?
Pros: Home values 56% lower than the state median; an average commute of 11 minutes; unemployment of 3.5%.
Cons: Median household income 32% lower than the Montana median; a poverty rate of 18.9%.
The weather is best in June to September.
Cost of living in Cut Bank
Housing is the biggest part of the cost of living. In Cut Bank the median home value is $164,100, 51% lower than the U.S. median. Renters pay a median of $988 per month, which is 35.8% of household income. Homeowners with a mortgage pay $1,181 a month in housing costs.
Cut Bank median household income
The median household income in Cut Bank is $49,432 and the income per person is $24,642. 18.9% of residents live below the poverty line (Montana: 11.5%).
Housing in Cut Bank: homes for sale and rent
- Housing units
- 1,298
- Owner-occupied
- 67.3%
- Renter-occupied
- 32.7%
- Vacant
- 16.3%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 2.74
Cut Bank demographics
- Population
- 3,028
- Median age
- 37.6
- Under 18
- 31.8%
- 65 and older
- 17.2%
- Households
- 1,087
- Foreign-born
- 0.4%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Cut Bank ›
Education in Cut Bank
16.6% of adults 25 and older in Cut Bank have a bachelor's degree or higher (Montana: 35.2%), and 9.3% have a graduate or professional degree.
Jobs and commute in Cut Bank
- Unemployment rate
- 3.5%State: 3.6%
- Average commute
- 11 minState: 19 min
- Work from home
- 5.2%
- Drive alone
- 69.9%
- Public transit
- 0%
- Walk to work
- 8.1%
- Homes with broadband
- 91%
Cut Bank vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cut Bank | 3,028 | $49,432 | $164,100 | $988 |
| Little Browning | 102 | $26,563 | — | — |
| Kevin | 108 | $38,333 | $65,000 | — |
| Valier | 573 | $53,021 | $138,400 | $780 |
| Shelby | 3,216 | $58,413 | $232,700 | $893 |
More for people moving to Cut Bank
Cut Bank ZIP code ›Weather and climate ›Living in Cut Bank: FAQ
What is the median household income in Cut Bank, MT?
The median household income in Cut Bank is $49,432, 32% 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 Cut Bank?
The median home value in Cut Bank is $164,100, compared with $375,800 in Montana.
How much is rent in Cut Bank?
The median gross rent in Cut Bank is $988 per month, about 35.8% of household income.
Is Cut Bank, MT a good place to live?
Pluses: home values 56% lower than the state median; an average commute of 11 minutes; unemployment of 3.5%. Minuses: median household income 32% lower than the Montana median; a poverty rate of 18.9%.
What is the median age in Cut Bank?
The median age in Cut Bank is 37.6 years (Montana: 40.4).
How long is the commute in Cut Bank?
The average commute to work in Cut Bank is 11 minutes; 5.2% of workers work from home.
What is the unemployment rate in Cut Bank?
The unemployment rate in Cut Bank is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cut Bank?
16.6% of adults in Cut Bank 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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