Living in Park City, Montana

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

Park City has 764 residents with a median age of 31.3. The median household income is $54,637 (25% lower than the Montana median), the median home value is $219,500, the median rent is $1,256/month.

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

Park City at a glance

Population
764
Median age
31.3State: 40.4
Median household income
$54,637State: $72,509
Median home value
$219,500State: $375,800
Median rent
$1,256/moState: $1,081
Homeowners
68.4%
Bachelor's degree or higher
13%
Average commute
29 min

Is Park City a good place to live?

Pros: Home values 42% lower than the state median; unemployment of 2.8%; a poverty rate of 10.4%.

Cons: Median household income 25% lower than the Montana median; an average commute of 29 minutes.

The weather is best in June to September.

Cost of living in Park City

Housing is the biggest part of the cost of living. In Park City the median home value is $219,500, 34% lower than the U.S. median. Renters pay a median of $1,256 per month, which is 26.9% of household income. Homeowners with a mortgage pay $1,605 a month in housing costs.

Median home value

Park City$219,500
Montana$375,800
United States$332,700

Median monthly rent

Park City$1,256
Montana$1,081
United States$1,413

Park City median household income

The median household income in Park City is $54,637 and the income per person is $28,966. 10.4% of residents live below the poverty line (Montana: 11.5%).

Median household income

Park City$54,637
Montana$72,509
United States$80,734

Housing in Park City: homes for sale and rent

Housing units
336
Owner-occupied
68.4%
Renter-occupied
31.6%
Vacant
18.2%Includes seasonal homes
Median year built
1974
Average household size
2.78

Park City demographics

Population
764
Median age
31.3
Under 18
24.6%
65 and older
18.5%
Households
275
Foreign-born
0%
Veterans
3%Adults 18+

Race and ethnicity

White92.3%
Hispanic or Latino0.5%
Black0%
Asian0%

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

Education in Park City

13% of adults 25 and older in Park City have a bachelor's degree or higher (Montana: 35.2%), and 1.7% have a graduate or professional degree.

Bachelor's degree or higher

Park City13%
Montana35.2%
United States35.7%

Jobs and commute in Park City

Unemployment rate
2.8%State: 3.6%
Average commute
29 minState: 19 min
Work from home
0.8%
Drive alone
65.3%
Public transit
0%
Walk to work
1.3%
Homes with broadband
85.5%

Park City vs nearby towns

TownPopulationMedian incomeHome valueRent
Park City764$54,637$219,500$1,256
Laurel7,215$68,474$235,100$974
Montaqua145$124,250$467,700—
Joliet613$77,396$235,500$718
Columbus2,003$65,250$282,800$945
Fromberg438$64,500$212,500$983
Billings119,434$73,712$343,400$1,138
Bridger788$42,891$250,000$753
Roberts191$95,917—$1,375

More for people moving to Park City

Park City ZIP code ›Weather and climate ›

Living in Park City: FAQ

What is the median household income in Park City, MT?

The median household income in Park City is $54,637, 25% 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 Park City?

The median home value in Park City is $219,500, compared with $375,800 in Montana.

How much is rent in Park City?

The median gross rent in Park City is $1,256 per month, about 26.9% of household income.

Is Park City, MT a good place to live?

Pluses: home values 42% lower than the state median; unemployment of 2.8%; a poverty rate of 10.4%. Minuses: median household income 25% lower than the Montana median; an average commute of 29 minutes.

What is the median age in Park City?

The median age in Park City is 31.3 years (Montana: 40.4).

How long is the commute in Park City?

The average commute to work in Park City is 29 minutes; 0.8% of workers work from home.

What is the unemployment rate in Park City?

The unemployment rate in Park City is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Park City?

13% of adults in Park City 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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