Living in Missoula, Montana
Cost of living, income, home prices, rent and demographics of Missoula · Census data 2020–2024
Missoula has 76,514 residents with a median age of 34.7. The median household income is $70,392 (about the same as the Montana median), the median home value is $473,100, the median rent is $1,189/month.
Missoula at a glance
- Population
- 76,514
- Median age
- 34.7State: 40.4
- Median household income
- $70,392State: $72,509
- Median home value
- $473,100State: $375,800
- Median rent
- $1,189/moState: $1,081
- Homeowners
- 47%
- Bachelor's degree or higher
- 53%
- Average commute
- 16 min
Is Missoula a good place to live?
Pros: An average commute of 16 minutes.
Cons: Median household income about the same as the Montana median; home values 26% higher than the state median; unemployment of 3.8%; a poverty rate of 11.8%.
The weather is best in June to September.
Cost of living in Missoula
Housing is the biggest part of the cost of living. In Missoula the median home value is $473,100, 42% higher than the U.S. median. Renters pay a median of $1,189 per month, which is 30% of household income. Homeowners with a mortgage pay $1,958 a month in housing costs.
Missoula median household income
The median household income in Missoula is $70,392 and the income per person is $44,227. 11.8% of residents live below the poverty line (Montana: 11.5%).
Housing in Missoula: homes for sale and rent
- Housing units
- 37,317
- Owner-occupied
- 47%
- Renter-occupied
- 53%
- Vacant
- 6.4%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.10
Missoula demographics
- Population
- 76,514
- Median age
- 34.7
- Under 18
- 16.6%
- 65 and older
- 15%
- Households
- 34,941
- Foreign-born
- 2.9%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Missoula ›
Education in Missoula
53% of adults 25 and older in Missoula have a bachelor's degree or higher (Montana: 35.2%), and 20.7% have a graduate or professional degree.
Jobs and commute in Missoula
- Unemployment rate
- 3.8%State: 3.6%
- Average commute
- 16 minState: 19 min
- Work from home
- 15.2%
- Drive alone
- 67%
- Public transit
- 1.5%
- Walk to work
- 4.2%
- Homes with broadband
- 93.2%
Missoula vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Missoula | 76,514 | $70,392 | $473,100 | $1,189 |
| Orchard Homes | 5,588 | $64,904 | $553,700 | $1,000 |
| East Missoula | 2,099 | $57,500 | $358,500 | $1,050 |
| Bonner-West Riverside | 1,563 | $62,039 | $210,900 | $1,105 |
| Wye | 1,055 | $109,625 | $569,100 | $1,802 |
| Lolo | 4,314 | $86,065 | $431,800 | $1,139 |
| Piltzville | 383 | $68,867 | $477,600 | — |
| Turah | 543 | $130,417 | $470,400 | — |
| Carlton | 682 | $107,155 | $712,500 | — |
More for people moving to Missoula
Missoula ZIP code ›Weather and climate ›Living in Missoula: FAQ
What is the median household income in Missoula, MT?
The median household income in Missoula is $70,392, about the same as 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 Missoula?
The median home value in Missoula is $473,100, compared with $375,800 in Montana.
How much is rent in Missoula?
The median gross rent in Missoula is $1,189 per month, about 30% of household income.
Is Missoula, MT a good place to live?
Pluses: an average commute of 16 minutes. Minuses: median household income about the same as the Montana median; home values 26% higher than the state median; unemployment of 3.8%; a poverty rate of 11.8%.
What is the median age in Missoula?
The median age in Missoula is 34.7 years (Montana: 40.4).
How long is the commute in Missoula?
The average commute to work in Missoula is 16 minutes; 15.2% of workers work from home.
What is the unemployment rate in Missoula?
The unemployment rate in Missoula is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Missoula?
53% of adults in Missoula 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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