Living in Libby, Montana
Cost of living, income, home prices, rent and demographics of Libby · Census data 2020–2024
Libby has 3,042 residents with a median age of 51. The median household income is $34,143 (53% lower than the Montana median), the median home value is $257,400, the median rent is $672/month.
Libby at a glance
- Population
- 3,042
- Median age
- 51State: 40.4
- Median household income
- $34,143State: $72,509
- Median home value
- $257,400State: $375,800
- Median rent
- $672/moState: $1,081
- Homeowners
- 57%
- Bachelor's degree or higher
- 19.4%
- Average commute
- 9 min
Is Libby a good place to live?
Pros: Home values 32% lower than the state median; an average commute of 9 minutes; unemployment of 3.4%.
Cons: Median household income 53% lower than the Montana median; a poverty rate of 24%.
The weather is best in June to September.
Cost of living in Libby
Housing is the biggest part of the cost of living. In Libby the median home value is $257,400, 23% lower than the U.S. median. Renters pay a median of $672 per month, which is 31.5% of household income. Homeowners with a mortgage pay $1,318 a month in housing costs.
Libby median household income
The median household income in Libby is $34,143 and the income per person is $25,016. 24% of residents live below the poverty line (Montana: 11.5%).
Housing in Libby: homes for sale and rent
- Housing units
- 1,571
- Owner-occupied
- 57%
- Renter-occupied
- 43%
- Vacant
- 3.8%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 1.91
Libby demographics
- Population
- 3,042
- Median age
- 51
- Under 18
- 17%
- 65 and older
- 31.8%
- Households
- 1,512
- Foreign-born
- 1.9%
- Veterans
- 15.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Libby ›
Education in Libby
19.4% of adults 25 and older in Libby have a bachelor's degree or higher (Montana: 35.2%), and 7.1% have a graduate or professional degree.
Jobs and commute in Libby
- Unemployment rate
- 3.4%State: 3.6%
- Average commute
- 9 minState: 19 min
- Work from home
- 11.1%
- Drive alone
- 73.4%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 83.8%
Libby vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Libby | 3,042 | $34,143 | $257,400 | $672 |
| White Haven | 978 | $41,154 | $205,300 | $584 |
| Pioneer Junction | 798 | $59,107 | $321,600 | — |
| Troy | 871 | $32,250 | $257,600 | $750 |
| Sylvanite | 145 | $61,000 | $400,000 | — |
| Noxon | 209 | $60,167 | $197,500 | — |
| Heron | 328 | $29,207 | $433,300 | — |
| Happys Inn | 229 | $40,221 | $435,000 | — |
| Yaak | 293 | $60,000 | $380,800 | $929 |
More for people moving to Libby
Libby ZIP code ›Weather and climate ›Living in Libby: FAQ
What is the median household income in Libby, MT?
The median household income in Libby is $34,143, 53% 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 Libby?
The median home value in Libby is $257,400, compared with $375,800 in Montana.
How much is rent in Libby?
The median gross rent in Libby is $672 per month, about 31.5% of household income.
Is Libby, MT a good place to live?
Pluses: home values 32% lower than the state median; an average commute of 9 minutes; unemployment of 3.4%. Minuses: median household income 53% lower than the Montana median; a poverty rate of 24%.
What is the median age in Libby?
The median age in Libby is 51 years (Montana: 40.4).
How long is the commute in Libby?
The average commute to work in Libby is 9 minutes; 11.1% of workers work from home.
What is the unemployment rate in Libby?
The unemployment rate in Libby is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Libby?
19.4% of adults in Libby 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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