Living in Richey, Montana
Cost of living, income, home prices, rent and demographics of Richey · Census data 2020–2024
Richey has 238 residents with a median age of 38.5. The median household income is $73,750 (about the same as the Montana median), the median home value is $120,800, the median rent is $492/month.
Richey is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Richey at a glance
- Population
- 238
- Median age
- 38.5State: 40.4
- Median household income
- $73,750State: $72,509
- Median home value
- $120,800State: $375,800
- Median rent
- $492/moState: $1,081
- Homeowners
- 73.9%
- Bachelor's degree or higher
- 21.4%
- Average commute
- 26 min
Is Richey a good place to live?
Pros: Median household income about the same as the Montana median; home values 68% lower than the state median; a poverty rate of 4.2%.
Cons: An average commute of 26 minutes; unemployment of 4.3%.
The weather is best in June to September.
Cost of living in Richey
Housing is the biggest part of the cost of living. In Richey the median home value is $120,800, 64% lower than the U.S. median. Renters pay a median of $492 per month, which is 9% of household income. Homeowners with a mortgage pay $1,325 a month in housing costs.
Richey median household income
The median household income in Richey is $73,750 and the income per person is $29,150. 4.2% of residents live below the poverty line (Montana: 11.5%).
Housing in Richey: homes for sale and rent
- Housing units
- 144
- Owner-occupied
- 73.9%
- Renter-occupied
- 26.1%
- Vacant
- 38.9%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 2.70
38.9% of homes are vacant most of the year, a sign that Richey has many vacation and second homes.
Richey demographics
- Population
- 238
- Median age
- 38.5
- Under 18
- 27.7%
- 65 and older
- 17.6%
- Households
- 88
- Foreign-born
- 1.7%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Richey ›
Education in Richey
21.4% of adults 25 and older in Richey have a bachelor's degree or higher (Montana: 35.2%), and 5% have a graduate or professional degree.
Jobs and commute in Richey
- Unemployment rate
- 4.3%State: 3.6%
- Average commute
- 26 minState: 19 min
- Work from home
- 8.9%
- Drive alone
- 56.3%
- Public transit
- 0%
- Walk to work
- 9.8%
- Homes with broadband
- 87.5%
Richey vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richey | 238 | $73,750 | $120,800 | $492 |
| Fox Lake | 149 | $83,333 | — | $1,088 |
| Circle | 514 | $75,417 | $171,900 | $547 |
| Poplar | 635 | $43,438 | $95,000 | $665 |
| West Glendive | 2,121 | $54,922 | $179,400 | $778 |
| Glendive | 4,810 | $72,670 | $182,600 | $842 |
| Wolf Point | 2,602 | $52,868 | $118,600 | $734 |
| Culbertson | 567 | $101,136 | $217,200 | $1,154 |
More for people moving to Richey
Richey ZIP code ›Weather and climate ›Living in Richey: FAQ
What is the median household income in Richey, MT?
The median household income in Richey is $73,750, 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 Richey?
The median home value in Richey is $120,800, compared with $375,800 in Montana.
How much is rent in Richey?
The median gross rent in Richey is $492 per month, about 9% of household income.
Is Richey, MT a good place to live?
Pluses: median household income about the same as the Montana median; home values 68% lower than the state median; a poverty rate of 4.2%. Minuses: an average commute of 26 minutes; unemployment of 4.3%.
What is the median age in Richey?
The median age in Richey is 38.5 years (Montana: 40.4).
How long is the commute in Richey?
The average commute to work in Richey is 26 minutes; 8.9% of workers work from home.
What is the unemployment rate in Richey?
The unemployment rate in Richey is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richey?
21.4% of adults in Richey 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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