Living in Silver Gate, Montana
Cost of living, income, home prices, rent and demographics of Silver Gate · Census data 2020–2024
Silver Gate has 114 residents with a median age of 58.3. The median home value is $586,800.
Silver Gate is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Silver Gate at a glance
- Population
- 114
- Median age
- 58.3State: 40.4
- Median home value
- $586,800State: $375,800
- Homeowners
- 94.8%
- Bachelor's degree or higher
- 33%
Is Silver Gate a good place to live?
Cons: Home values 56% higher than the state median; unemployment of 8.9%.
The weather is best in June to September.
Cost of living in Silver Gate
Housing is the biggest part of the cost of living. In Silver Gate the median home value is $586,800, 76% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $3,114 a month in housing costs.
Housing in Silver Gate: homes for sale and rent
- Housing units
- 190
- Owner-occupied
- 94.8%
- Renter-occupied
- 5.2%
- Vacant
- 69.5%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 1.97
69.5% of homes are vacant most of the year, a sign that Silver Gate has many vacation and second homes.
Silver Gate demographics
- Population
- 114
- Median age
- 58.3
- Under 18
- 4.4%
- 65 and older
- 31.6%
- Households
- 58
- Foreign-born
- 0%
- Veterans
- 2.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Silver Gate ›
Education in Silver Gate
33% of adults 25 and older in Silver Gate have a bachelor's degree or higher (Montana: 35.2%), and 4.6% have a graduate or professional degree.
Jobs and commute in Silver Gate
- Unemployment rate
- 8.9%State: 3.6%
- Average commute
- —State: 19 min
- Work from home
- 91.7%
- Drive alone
- 8.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 77.6%
Silver Gate vs nearby towns
More for people moving to Silver Gate
Silver Gate ZIP code ›Weather and climate ›Living in Silver Gate: FAQ
What is the average home price in Silver Gate?
The median home value in Silver Gate is $586,800, compared with $375,800 in Montana.
Is Silver Gate, MT a good place to live?
Minuses: home values 56% higher than the state median; unemployment of 8.9%.
What is the median age in Silver Gate?
The median age in Silver Gate is 58.3 years (Montana: 40.4).
What is the unemployment rate in Silver Gate?
The unemployment rate in Silver Gate is 8.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Silver Gate?
33% of adults in Silver Gate 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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