Living in Reed Point, Montana

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

Reed Point has 147 residents with a median age of 60. The median home value is $164,300.

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

Reed Point at a glance

Population
147
Median age
60State: 40.4
Median home value
$164,300State: $375,800
Homeowners
88.2%
Bachelor's degree or higher
16.8%
Average commute
28 min

Is Reed Point a good place to live?

Pros: Home values 56% lower than the state median; unemployment of 1.9%; a poverty rate of 9%.

Cons: An average commute of 28 minutes.

The weather is best in June to September.

Cost of living in Reed Point

Housing is the biggest part of the cost of living. In Reed Point the median home value is $164,300, 51% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,146 a month in housing costs.

Median home value

Reed Point$164,300
Montana$375,800
United States$332,700

Median monthly rent

Montana$1,081
United States$1,413

Housing in Reed Point: homes for sale and rent

Housing units
90
Owner-occupied
88.2%
Renter-occupied
11.8%
Vacant
24.4%Includes seasonal homes
Median year built
1938
Average household size
2.16

Reed Point demographics

Population
147
Median age
60
Under 18
21.8%
65 and older
28.6%
Households
68
Foreign-born
0%
Veterans
18.6%Adults 18+

Race and ethnicity

White91.8%
Hispanic or Latino2%
Black0%
Asian0%

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

Education in Reed Point

16.8% of adults 25 and older in Reed Point have a bachelor's degree or higher (Montana: 35.2%), and 1.8% have a graduate or professional degree.

Bachelor's degree or higher

Reed Point16.8%
Montana35.2%
United States35.7%

Jobs and commute in Reed Point

Unemployment rate
1.9%State: 3.6%
Average commute
28 minState: 19 min
Work from home
13%
Drive alone
74.1%
Public transit
5.6%
Walk to work
1.9%
Homes with broadband
76.5%

Reed Point vs nearby towns

TownPopulationMedian incomeHome valueRent
Reed Point147—$164,300—
Greycliff158$70,417——
Absarokee926$77,143$292,000$927
Columbus2,003$65,250$282,800$945
Big Timber1,611$66,898$278,200$1,109
Roberts191$95,917—$1,375
Red Lodge2,502$55,750$380,700$717

More for people moving to Reed Point

Reed Point ZIP code ›Weather and climate ›

Living in Reed Point: FAQ

What is the average home price in Reed Point?

The median home value in Reed Point is $164,300, compared with $375,800 in Montana.

Is Reed Point, MT a good place to live?

Pluses: home values 56% lower than the state median; unemployment of 1.9%; a poverty rate of 9%. Minuses: an average commute of 28 minutes.

What is the median age in Reed Point?

The median age in Reed Point is 60 years (Montana: 40.4).

How long is the commute in Reed Point?

The average commute to work in Reed Point is 28 minutes; 13% of workers work from home.

What is the unemployment rate in Reed Point?

The unemployment rate in Reed Point is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Reed Point?

16.8% of adults in Reed Point 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.

Last updated: