Living in Lolo, Montana
Cost of living, income, home prices, rent and demographics of Lolo · Census data 2020–2024
Lolo has 4,314 residents with a median age of 32.5. The median household income is $86,065 (19% higher than the Montana median), the median home value is $431,800, the median rent is $1,139/month.
Lolo at a glance
- Population
- 4,314
- Median age
- 32.5State: 40.4
- Median household income
- $86,065State: $72,509
- Median home value
- $431,800State: $375,800
- Median rent
- $1,139/moState: $1,081
- Homeowners
- 71%
- Bachelor's degree or higher
- 40.9%
- Average commute
- 25 min
Is Lolo a good place to live?
Pros: Median household income 19% higher than the Montana median; unemployment of 0.8%; a poverty rate of 5.3%.
Cons: Home values 15% higher than the state median; an average commute of 25 minutes.
The weather is best in June to September.
Cost of living in Lolo
Housing is the biggest part of the cost of living. In Lolo the median home value is $431,800, 30% higher than the U.S. median. Renters pay a median of $1,139 per month, which is 34.1% of household income. Homeowners with a mortgage pay $1,897 a month in housing costs.
Lolo median household income
The median household income in Lolo is $86,065 and the income per person is $37,601. 5.3% of residents live below the poverty line (Montana: 11.5%).
Housing in Lolo: homes for sale and rent
- Housing units
- 1,713
- Owner-occupied
- 71%
- Renter-occupied
- 29%
- Vacant
- 0.3%Includes seasonal homes
- Median year built
- 1995
- Average household size
- 2.53
Lolo demographics
- Population
- 4,314
- Median age
- 32.5
- Under 18
- 27.1%
- 65 and older
- 12.2%
- Households
- 1,708
- Foreign-born
- 0.7%
- Veterans
- 12.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Lolo ›
Education in Lolo
40.9% of adults 25 and older in Lolo have a bachelor's degree or higher (Montana: 35.2%), and 14.9% have a graduate or professional degree.
Jobs and commute in Lolo
- Unemployment rate
- 0.8%State: 3.6%
- Average commute
- 25 minState: 19 min
- Work from home
- 12.2%
- Drive alone
- 79.2%
- Public transit
- 0%
- Walk to work
- 0.4%
- Homes with broadband
- 97.1%
Lolo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lolo | 4,314 | $86,065 | $431,800 | $1,139 |
| Carlton | 682 | $107,155 | $712,500 | — |
| Orchard Homes | 5,588 | $64,904 | $553,700 | $1,000 |
| Missoula | 76,514 | $70,392 | $473,100 | $1,189 |
| Florence | 923 | $102,222 | $486,000 | $631 |
| East Missoula | 2,099 | $57,500 | $358,500 | $1,050 |
| Wye | 1,055 | $109,625 | $569,100 | $1,802 |
| Bonner-West Riverside | 1,563 | $62,039 | $210,900 | $1,105 |
| Piltzville | 383 | $68,867 | $477,600 | — |
More for people moving to Lolo
Lolo ZIP code ›Weather and climate ›Living in Lolo: FAQ
What is the median household income in Lolo, MT?
The median household income in Lolo is $86,065, 19% 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 Lolo?
The median home value in Lolo is $431,800, compared with $375,800 in Montana.
How much is rent in Lolo?
The median gross rent in Lolo is $1,139 per month, about 34.1% of household income.
Is Lolo, MT a good place to live?
Pluses: median household income 19% higher than the Montana median; unemployment of 0.8%; a poverty rate of 5.3%. Minuses: home values 15% higher than the state median; an average commute of 25 minutes.
What is the median age in Lolo?
The median age in Lolo is 32.5 years (Montana: 40.4).
How long is the commute in Lolo?
The average commute to work in Lolo is 25 minutes; 12.2% of workers work from home.
What is the unemployment rate in Lolo?
The unemployment rate in Lolo is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lolo?
40.9% of adults in Lolo 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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