Living in Great Falls, Montana
Cost of living, income, home prices, rent and demographics of Great Falls · Census data 2020–2024
Great Falls has 60,329 residents with a median age of 39. The median household income is $63,373 (13% lower than the Montana median), the median home value is $257,000, the median rent is $900/month.
Great Falls at a glance
- Population
- 60,329
- Median age
- 39State: 40.4
- Median household income
- $63,373State: $72,509
- Median home value
- $257,000State: $375,800
- Median rent
- $900/moState: $1,081
- Homeowners
- 66.1%
- Bachelor's degree or higher
- 27.8%
- Average commute
- 15 min
Is Great Falls a good place to live?
Pros: Home values 32% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 13% lower than the Montana median; unemployment of 3.7%; a poverty rate of 14.5%.
The weather is best in June to September.
Cost of living in Great Falls
Housing is the biggest part of the cost of living. In Great Falls the median home value is $257,000, 23% lower than the U.S. median. Renters pay a median of $900 per month, which is 28.2% of household income. Homeowners with a mortgage pay $1,501 a month in housing costs.
Great Falls median household income
The median household income in Great Falls is $63,373 and the income per person is $38,231. 14.5% of residents live below the poverty line (Montana: 11.5%).
Housing in Great Falls: homes for sale and rent
- Housing units
- 28,418
- Owner-occupied
- 66.1%
- Renter-occupied
- 33.9%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.21
Great Falls demographics
- Population
- 60,329
- Median age
- 39
- Under 18
- 21.4%
- 65 and older
- 20%
- Households
- 26,379
- Foreign-born
- 2.2%
- Veterans
- 12.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Great Falls ›
Education in Great Falls
27.8% of adults 25 and older in Great Falls have a bachelor's degree or higher (Montana: 35.2%), and 10.4% have a graduate or professional degree.
Jobs and commute in Great Falls
- Unemployment rate
- 3.7%State: 3.6%
- Average commute
- 15 minState: 19 min
- Work from home
- 6.8%
- Drive alone
- 79.3%
- Public transit
- 0.8%
- Walk to work
- 2%
- Homes with broadband
- 90.1%
Great Falls vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Great Falls | 60,329 | $63,373 | $257,000 | $900 |
| Black Eagle | 781 | $69,545 | $190,400 | $1,182 |
| Malmstrom AFB | 4,302 | $64,833 | — | $1,220 |
| Sun Prairie | 1,171 | $55,688 | $164,100 | — |
| Ulm | 900 | $102,708 | $369,400 | — |
| Stockett | 155 | $70,938 | $215,000 | — |
| Vaughn | 1,002 | $56,250 | $175,300 | $946 |
| Belt | 559 | $73,929 | $171,700 | $900 |
More for people moving to Great Falls
Great Falls ZIP code ›Weather and climate ›Living in Great Falls: FAQ
What is the median household income in Great Falls, MT?
The median household income in Great Falls is $63,373, 13% 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 Great Falls?
The median home value in Great Falls is $257,000, compared with $375,800 in Montana.
How much is rent in Great Falls?
The median gross rent in Great Falls is $900 per month, about 28.2% of household income.
Is Great Falls, MT a good place to live?
Pluses: home values 32% lower than the state median; an average commute of 15 minutes. Minuses: median household income 13% lower than the Montana median; unemployment of 3.7%; a poverty rate of 14.5%.
What is the median age in Great Falls?
The median age in Great Falls is 39 years (Montana: 40.4).
How long is the commute in Great Falls?
The average commute to work in Great Falls is 15 minutes; 6.8% of workers work from home.
What is the unemployment rate in Great Falls?
The unemployment rate in Great Falls is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Great Falls?
27.8% of adults in Great Falls 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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