Living in Fallon, Montana
Cost of living, income, home prices, rent and demographics of Fallon · Census data 2020–2024
Fallon has 142 residents with a median age of 62.3. The median household income is $18,684 (74% lower than the Montana median), the median home value is $209,200.
Fallon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fallon at a glance
- Population
- 142
- Median age
- 62.3State: 40.4
- Median household income
- $18,684State: $72,509
- Median home value
- $209,200State: $375,800
- Homeowners
- 70%
- Bachelor's degree or higher
- 5%
Is Fallon a good place to live?
Pros: Home values 44% lower than the state median.
Cons: Median household income 74% lower than the Montana median; a poverty rate of 64.1%.
The weather is best in June to September.
Cost of living in Fallon
Housing is the biggest part of the cost of living. In Fallon the median home value is $209,200, 37% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,167 a month in housing costs.
Fallon median household income
The median household income in Fallon is $18,684 and the income per person is $21,530. 64.1% of residents live below the poverty line (Montana: 11.5%).
Housing in Fallon: homes for sale and rent
- Housing units
- 81
- Owner-occupied
- 70%
- Renter-occupied
- 30%
- Vacant
- 13.6%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.03
Fallon demographics
- Population
- 142
- Median age
- 62.3
- Under 18
- 14.8%
- 65 and older
- 41.5%
- Households
- 70
- Foreign-born
- 0%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Fallon ›
Education in Fallon
5% of adults 25 and older in Fallon have a bachelor's degree or higher (Montana: 35.2%), and 0% have a graduate or professional degree.
Jobs and commute in Fallon
- Unemployment rate
- 0%State: 3.6%
- Average commute
- —State: 19 min
- Work from home
- 0%
- Drive alone
- 77.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94.3%
Fallon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fallon | 142 | $18,684 | $209,200 | — |
| Terry | 537 | $48,125 | $137,200 | — |
| West Glendive | 2,121 | $54,922 | $179,400 | $778 |
| Glendive | 4,810 | $72,670 | $182,600 | $842 |
| Plevna | 209 | $103,750 | — | — |
| Miles City | 8,407 | $67,727 | $200,200 | $926 |
| Circle | 514 | $75,417 | $171,900 | $547 |
More for people moving to Fallon
Fallon ZIP code ›Weather and climate ›Living in Fallon: FAQ
What is the median household income in Fallon, MT?
The median household income in Fallon is $18,684, 74% 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 Fallon?
The median home value in Fallon is $209,200, compared with $375,800 in Montana.
Is Fallon, MT a good place to live?
Pluses: home values 44% lower than the state median. Minuses: median household income 74% lower than the Montana median; a poverty rate of 64.1%.
What is the median age in Fallon?
The median age in Fallon is 62.3 years (Montana: 40.4).
What is the unemployment rate in Fallon?
The unemployment rate in Fallon is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fallon?
5% of adults in Fallon 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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