Living in Shepherd, Montana
Cost of living, income, home prices, rent and demographics of Shepherd · Census data 2020–2024
Shepherd has 353 residents with a median age of 47.5. The median household income is $80,125 (11% higher than the Montana median), the median home value is $114,400.
Shepherd is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Shepherd at a glance
- Population
- 353
- Median age
- 47.5State: 40.4
- Median household income
- $80,125State: $72,509
- Median home value
- $114,400State: $375,800
- Homeowners
- 100%
- Bachelor's degree or higher
- 30.6%
- Average commute
- 30 min
Is Shepherd a good place to live?
Pros: Median household income 11% higher than the Montana median; home values 70% lower than the state median; a poverty rate of 4.8%.
Cons: An average commute of 30 minutes; unemployment of 6%.
The weather is best in June to September.
Cost of living in Shepherd
Housing is the biggest part of the cost of living. In Shepherd the median home value is $114,400, 66% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,675 a month in housing costs.
Shepherd median household income
The median household income in Shepherd is $80,125 and the income per person is $43,755. 4.8% of residents live below the poverty line (Montana: 11.5%).
Housing in Shepherd: homes for sale and rent
- Housing units
- 183
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 1.93
Shepherd demographics
- Population
- 353
- Median age
- 47.5
- Under 18
- 24.1%
- 65 and older
- 14.7%
- Households
- 183
- Foreign-born
- 0%
- Veterans
- 14.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Shepherd ›
Education in Shepherd
30.6% of adults 25 and older in Shepherd have a bachelor's degree or higher (Montana: 35.2%), and 0% have a graduate or professional degree.
Jobs and commute in Shepherd
- Unemployment rate
- 6%State: 3.6%
- Average commute
- 30 minState: 19 min
- Work from home
- 33%
- Drive alone
- 67%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94%
Shepherd vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Shepherd | 353 | $80,125 | $114,400 | — |
| Huntley | 455 | $94,821 | $233,600 | — |
| Lockwood | 7,181 | $75,700 | $235,400 | $1,138 |
| Billings | 119,434 | $73,712 | $343,400 | $1,138 |
| Broadview | 175 | $78,438 | $165,600 | — |
| Laurel | 7,215 | $68,474 | $235,100 | $974 |
| Klein | 340 | $50,737 | $276,900 | — |
| Park City | 764 | $54,637 | $219,500 | $1,256 |
| Roundup | 2,003 | $57,847 | $166,200 | $950 |
More for people moving to Shepherd
Shepherd ZIP code ›Weather and climate ›Living in Shepherd: FAQ
What is the median household income in Shepherd, MT?
The median household income in Shepherd is $80,125, 11% higher 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 Shepherd?
The median home value in Shepherd is $114,400, compared with $375,800 in Montana.
Is Shepherd, MT a good place to live?
Pluses: median household income 11% higher than the Montana median; home values 70% lower than the state median; a poverty rate of 4.8%. Minuses: an average commute of 30 minutes; unemployment of 6%.
What is the median age in Shepherd?
The median age in Shepherd is 47.5 years (Montana: 40.4).
How long is the commute in Shepherd?
The average commute to work in Shepherd is 30 minutes; 33% of workers work from home.
What is the unemployment rate in Shepherd?
The unemployment rate in Shepherd is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Shepherd?
30.6% of adults in Shepherd 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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