Living in Melstone, Montana
Cost of living, income, home prices, rent and demographics of Melstone · Census data 2020–2024
Melstone has 80 residents with a median age of 47.5. The median household income is $65,625 (9% lower than the Montana median), the median home value is $156,300.
Melstone is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Melstone at a glance
- Population
- 80
- Median age
- 47.5State: 40.4
- Median household income
- $65,625State: $72,509
- Median home value
- $156,300State: $375,800
- Homeowners
- 93.5%
- Bachelor's degree or higher
- 9.4%
- Average commute
- 28 min
Is Melstone a good place to live?
Pros: Home values 58% lower than the state median.
Cons: Median household income 9% lower than the Montana median; an average commute of 28 minutes; unemployment of 3.8%; a poverty rate of 17.5%.
The weather is best in June to September.
Cost of living in Melstone
Housing is the biggest part of the cost of living. In Melstone the median home value is $156,300, 53% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,200 a month in housing costs.
Melstone median household income
The median household income in Melstone is $65,625 and the income per person is $35,579. 17.5% of residents live below the poverty line (Montana: 11.5%).
Housing in Melstone: homes for sale and rent
- Housing units
- 33
- Owner-occupied
- 93.5%
- Renter-occupied
- 6.5%
- Vacant
- 6.1%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.58
Melstone demographics
- Population
- 80
- Median age
- 47.5
- Under 18
- 27.5%
- 65 and older
- 11.3%
- Households
- 31
- Foreign-born
- 0%
- Veterans
- 12.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Melstone ›
Education in Melstone
9.4% of adults 25 and older in Melstone have a bachelor's degree or higher (Montana: 35.2%), and 3.8% have a graduate or professional degree.
Jobs and commute in Melstone
- Unemployment rate
- 3.8%State: 3.6%
- Average commute
- 28 minState: 19 min
- Work from home
- 12.8%
- Drive alone
- 87.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96.8%
Melstone vs nearby towns
More for people moving to Melstone
Melstone ZIP code ›Weather and climate ›Living in Melstone: FAQ
What is the median household income in Melstone, MT?
The median household income in Melstone is $65,625, 9% 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 Melstone?
The median home value in Melstone is $156,300, compared with $375,800 in Montana.
Is Melstone, MT a good place to live?
Pluses: home values 58% lower than the state median. Minuses: median household income 9% lower than the Montana median; an average commute of 28 minutes; unemployment of 3.8%; a poverty rate of 17.5%.
What is the median age in Melstone?
The median age in Melstone is 47.5 years (Montana: 40.4).
How long is the commute in Melstone?
The average commute to work in Melstone is 28 minutes; 12.8% of workers work from home.
What is the unemployment rate in Melstone?
The unemployment rate in Melstone is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Melstone?
9.4% of adults in Melstone 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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