Living in Homestead, Montana
Cost of living, income, home prices, rent and demographics of Homestead · Census data 2020–2024
Homestead has 27 residents with a median age of 51.1. The median household income is $162,500 (124% higher than the Montana median), the median home value is $187,500.
Homestead is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Homestead at a glance
- Population
- 27
- Median age
- 51.1State: 40.4
- Median household income
- $162,500State: $72,509
- Median home value
- $187,500State: $375,800
- Homeowners
- 100%
- Bachelor's degree or higher
- 50%
Is Homestead a good place to live?
Pros: Median household income 124% higher than the Montana median; home values 50% lower than the state median.
The weather is best in June to September.
Cost of living in Homestead
Housing is the biggest part of the cost of living. In Homestead the median home value is $187,500, 44% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Homestead median household income
The median household income in Homestead is $162,500 and the income per person is $89,044. 0% of residents live below the poverty line (Montana: 11.5%).
Housing in Homestead: homes for sale and rent
- Housing units
- 26
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 61.5%Includes seasonal homes
- Median year built
- 1947
- Average household size
- 2.70
61.5% of homes are vacant most of the year, a sign that Homestead has many vacation and second homes.
Homestead demographics
- Population
- 27
- Median age
- 51.1
- Under 18
- 18.5%
- 65 and older
- 7.4%
- Households
- 10
- Foreign-born
- 0%
- Veterans
- 13.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Homestead ›
Education in Homestead
50% of adults 25 and older in Homestead have a bachelor's degree or higher (Montana: 35.2%), and 0% have a graduate or professional degree.
Jobs and commute in Homestead
- Unemployment rate
- 0%State: 3.6%
- Average commute
- —State: 19 min
- Work from home
- 10%
- Drive alone
- 75%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Homestead vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Homestead | 27 | $162,500 | $187,500 | — |
| Medicine Lake | 213 | $48,125 | $106,800 | $493 |
| Froid | 324 | $72,000 | $102,800 | $550 |
| Culbertson | 567 | $101,136 | $217,200 | $1,154 |
| Bainville | 334 | $92,917 | — | $788 |
| Plentywood | 1,654 | $68,438 | $161,000 | $760 |
| Poplar | 635 | $43,438 | $95,000 | $665 |
| Westby | 290 | $32,500 | $65,800 | $358 |
| Fairview | 971 | $86,667 | $171,600 | $725 |
More for people moving to Homestead
Homestead ZIP code ›Weather and climate ›Living in Homestead: FAQ
What is the median household income in Homestead, MT?
The median household income in Homestead is $162,500, 124% 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 Homestead?
The median home value in Homestead is $187,500, compared with $375,800 in Montana.
Is Homestead, MT a good place to live?
Pluses: median household income 124% higher than the Montana median; home values 50% lower than the state median.
What is the median age in Homestead?
The median age in Homestead is 51.1 years (Montana: 40.4).
What is the unemployment rate in Homestead?
The unemployment rate in Homestead is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Homestead?
50% of adults in Homestead 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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