Living in Forsyth, Montana

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

Forsyth has 1,728 residents with a median age of 38.6. The median household income is $39,744 (45% lower than the Montana median), the median home value is $208,400, the median rent is $776/month.

Forsyth at a glance

Population
1,728
Median age
38.6State: 40.4
Median household income
$39,744State: $72,509
Median home value
$208,400State: $375,800
Median rent
$776/moState: $1,081
Homeowners
60.5%
Bachelor's degree or higher
14.5%
Average commute
20 min

Is Forsyth a good place to live?

Pros: Home values 45% lower than the state median.

Cons: Median household income 45% lower than the Montana median; an average commute of 20 minutes; unemployment of 4.1%; a poverty rate of 14.1%.

The weather is best in June to September.

Cost of living in Forsyth

Housing is the biggest part of the cost of living. In Forsyth the median home value is $208,400, 37% lower than the U.S. median. Renters pay a median of $776 per month, which is 31.2% of household income. Homeowners with a mortgage pay $1,500 a month in housing costs.

Median home value

Forsyth$208,400
Montana$375,800
United States$332,700

Median monthly rent

Forsyth$776
Montana$1,081
United States$1,413

Forsyth median household income

The median household income in Forsyth is $39,744 and the income per person is $26,215. 14.1% of residents live below the poverty line (Montana: 11.5%).

Median household income

Forsyth$39,744
Montana$72,509
United States$80,734

Housing in Forsyth: homes for sale and rent

Housing units
842
Owner-occupied
60.5%
Renter-occupied
39.5%
Vacant
13.1%Includes seasonal homes
Median year built
1963
Average household size
2.27

Forsyth demographics

Population
1,728
Median age
38.6
Under 18
25.5%
65 and older
27.9%
Households
732
Foreign-born
5.2%
Veterans
16.2%Adults 18+

Race and ethnicity

White75.6%
Hispanic or Latino3.5%
Black0%
Asian6.4%

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

Education in Forsyth

14.5% of adults 25 and older in Forsyth have a bachelor's degree or higher (Montana: 35.2%), and 4.1% have a graduate or professional degree.

Bachelor's degree or higher

Forsyth14.5%
Montana35.2%
United States35.7%

Jobs and commute in Forsyth

Unemployment rate
4.1%State: 3.6%
Average commute
20 minState: 19 min
Work from home
5.2%
Drive alone
64.8%
Public transit
0%
Walk to work
9.3%
Homes with broadband
75.7%

Forsyth vs nearby towns

TownPopulationMedian incomeHome valueRent
Forsyth1,728$39,744$208,400$776
Colstrip2,101$82,500$194,900$659
Hysham251$66,250$120,100$554
Miles City8,407$67,727$200,200$926
Custer199$82,500$137,500$425
Lame Deer1,872$23,700$111,100$558
Ashland959$45,607$85,000$621

More for people moving to Forsyth

Forsyth ZIP code ›Weather and climate ›

Living in Forsyth: FAQ

What is the median household income in Forsyth, MT?

The median household income in Forsyth is $39,744, 45% 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 Forsyth?

The median home value in Forsyth is $208,400, compared with $375,800 in Montana.

How much is rent in Forsyth?

The median gross rent in Forsyth is $776 per month, about 31.2% of household income.

Is Forsyth, MT a good place to live?

Pluses: home values 45% lower than the state median. Minuses: median household income 45% lower than the Montana median; an average commute of 20 minutes; unemployment of 4.1%; a poverty rate of 14.1%.

What is the median age in Forsyth?

The median age in Forsyth is 38.6 years (Montana: 40.4).

How long is the commute in Forsyth?

The average commute to work in Forsyth is 20 minutes; 5.2% of workers work from home.

What is the unemployment rate in Forsyth?

The unemployment rate in Forsyth is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Forsyth?

14.5% of adults in Forsyth 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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