Living in Luther, Montana

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

Luther has 46 residents with a median age of 32.5. The median household income is $131,250 (81% higher than the Montana median), the median home value is $500,000.

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

Luther at a glance

Population
46
Median age
32.5State: 40.4
Median household income
$131,250State: $72,509
Median home value
$500,000State: $375,800
Homeowners
72.7%
Bachelor's degree or higher
47.5%
Average commute
20 min

Is Luther a good place to live?

Pros: Median household income 81% higher than the Montana median; a poverty rate of 2.2%.

Cons: Home values 33% higher than the state median; an average commute of 20 minutes.

The weather is best in June to September.

Cost of living in Luther

Housing is the biggest part of the cost of living. In Luther the median home value is $500,000, 50% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,875 a month in housing costs.

Median home value

Luther$500,000
Montana$375,800
United States$332,700

Median monthly rent

Montana$1,081
United States$1,413

Luther median household income

The median household income in Luther is $131,250 and the income per person is $44,733. 2.2% of residents live below the poverty line (Montana: 11.5%).

Median household income

Luther$131,250
Montana$72,509
United States$80,734

Housing in Luther: homes for sale and rent

Housing units
20
Owner-occupied
72.7%
Renter-occupied
27.3%
Vacant
45%Includes seasonal homes
Median year built
2003
Average household size
4.18

45% of homes are vacant most of the year, a sign that Luther has many vacation and second homes.

Luther demographics

Population
46
Median age
32.5
Under 18
13%
65 and older
10.9%
Households
11
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Luther

47.5% of adults 25 and older in Luther have a bachelor's degree or higher (Montana: 35.2%), and 42.5% have a graduate or professional degree.

Bachelor's degree or higher

Luther47.5%
Montana35.2%
United States35.7%

Jobs and commute in Luther

Unemployment rate
0%State: 3.6%
Average commute
20 minState: 19 min
Work from home
42.4%
Drive alone
54.5%
Public transit
0%
Walk to work
3%
Homes with broadband
100%

Luther vs nearby towns

TownPopulationMedian incomeHome valueRent
Luther46$131,250$500,000—
Red Lodge2,502$55,750$380,700$717
Roberts191$95,917—$1,375
Absarokee926$77,143$292,000$927
Belfry231$102,823——
Bridger788$42,891$250,000$753
Columbus2,003$65,250$282,800$945
Joliet613$77,396$235,500$718
Fromberg438$64,500$212,500$983

More for people moving to Luther

Luther ZIP code ›Weather and climate ›

Living in Luther: FAQ

What is the median household income in Luther, MT?

The median household income in Luther is $131,250, 81% 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 Luther?

The median home value in Luther is $500,000, compared with $375,800 in Montana.

Is Luther, MT a good place to live?

Pluses: median household income 81% higher than the Montana median; a poverty rate of 2.2%. Minuses: home values 33% higher than the state median; an average commute of 20 minutes.

What is the median age in Luther?

The median age in Luther is 32.5 years (Montana: 40.4).

How long is the commute in Luther?

The average commute to work in Luther is 20 minutes; 42.4% of workers work from home.

What is the unemployment rate in Luther?

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

How educated is Luther?

47.5% of adults in Luther 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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