Living in Inverness, Montana

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

Inverness has 39 residents with a median age of 66.2. The median household income is $61,875 (15% lower than the Montana median), the median home value is $181,300.

Inverness is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Inverness at a glance

Population
39
Median age
66.2State: 40.4
Median household income
$61,875State: $72,509
Median home value
$181,300State: $375,800
Homeowners
100%
Bachelor's degree or higher
23.1%

Is Inverness a good place to live?

Pros: Home values 52% lower than the state median.

Cons: Median household income 15% lower than the Montana median.

The weather is best in June to September.

Cost of living in Inverness

Housing is the biggest part of the cost of living. In Inverness the median home value is $181,300, 46% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Inverness$181,300
Montana$375,800
United States$332,700

Median monthly rent

Montana$1,081
United States$1,413

Inverness median household income

The median household income in Inverness is $61,875 and the income per person is $50,628. 0% of residents live below the poverty line (Montana: 11.5%).

Median household income

Inverness$61,875
Montana$72,509
United States$80,734

Housing in Inverness: homes for sale and rent

Housing units
27
Owner-occupied
100%
Renter-occupied
0%
Vacant
0%Includes seasonal homes
Median year built
1938
Average household size
1.44

Inverness demographics

Population
39
Median age
66.2
Under 18
0%
65 and older
53.8%
Households
27
Foreign-born
0%
Veterans
69.2%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Inverness

23.1% of adults 25 and older in Inverness have a bachelor's degree or higher (Montana: 35.2%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Inverness23.1%
Montana35.2%
United States35.7%

Jobs and commute in Inverness

Unemployment rate
0%State: 3.6%
Average commute
—State: 19 min
Work from home
81.5%
Drive alone
0%
Public transit
0%
Walk to work
0%
Homes with broadband
81.5%

Inverness vs nearby towns

TownPopulationMedian incomeHome valueRent
Inverness39$61,875$181,300—
Joplin265$67,891——
Rudyard312$98,542$96,300$650
Chester749$53,750$172,900$720
Hingham127$96,696$135,000—
Gildford217$98,542$132,500$605
Riverview Colony192$2,499——
Box Elder106$42,857—$831
Big Sandy784$60,521$187,500$550

More for people moving to Inverness

Inverness ZIP code ›Weather and climate ›

Living in Inverness: FAQ

What is the median household income in Inverness, MT?

The median household income in Inverness is $61,875, 15% 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 Inverness?

The median home value in Inverness is $181,300, compared with $375,800 in Montana.

Is Inverness, MT a good place to live?

Pluses: home values 52% lower than the state median. Minuses: median household income 15% lower than the Montana median.

What is the median age in Inverness?

The median age in Inverness is 66.2 years (Montana: 40.4).

What is the unemployment rate in Inverness?

The unemployment rate in Inverness is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Inverness?

23.1% of adults in Inverness 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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