Living in Three Forks, Montana
Cost of living, income, home prices, rent and demographics of Three Forks · Census data 2020–2024
Three Forks has 1,919 residents with a median age of 41.4. The median household income is $79,784 (10% higher than the Montana median), the median home value is $395,800, the median rent is $1,330/month.
Three Forks at a glance
- Population
- 1,919
- Median age
- 41.4State: 40.4
- Median household income
- $79,784State: $72,509
- Median home value
- $395,800State: $375,800
- Median rent
- $1,330/moState: $1,081
- Homeowners
- 73.2%
- Bachelor's degree or higher
- 21%
- Average commute
- 24 min
Is Three Forks a good place to live?
Pros: Median household income 10% higher than the Montana median; unemployment of 0%; a poverty rate of 6.2%.
Cons: Home values 5% higher than the state median; an average commute of 24 minutes.
The weather is best in June to September.
Cost of living in Three Forks
Housing is the biggest part of the cost of living. In Three Forks the median home value is $395,800, 19% higher than the U.S. median. Renters pay a median of $1,330 per month, which is 28.8% of household income. Homeowners with a mortgage pay $2,027 a month in housing costs.
Three Forks median household income
The median household income in Three Forks is $79,784 and the income per person is $39,088. 6.2% of residents live below the poverty line (Montana: 11.5%).
Housing in Three Forks: homes for sale and rent
- Housing units
- 898
- Owner-occupied
- 73.2%
- Renter-occupied
- 26.8%
- Vacant
- 0.8%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.14
Three Forks demographics
- Population
- 1,919
- Median age
- 41.4
- Under 18
- 18.1%
- 65 and older
- 21.8%
- Households
- 891
- Foreign-born
- 2.2%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Three Forks ›
Education in Three Forks
21% of adults 25 and older in Three Forks have a bachelor's degree or higher (Montana: 35.2%), and 0.8% have a graduate or professional degree.
Jobs and commute in Three Forks
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 24 minState: 19 min
- Work from home
- 9%
- Drive alone
- 82.2%
- Public transit
- 0%
- Walk to work
- 6.8%
- Homes with broadband
- 92.4%
Three Forks vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Three Forks | 1,919 | $79,784 | $395,800 | $1,330 |
| Wheatland | 1,661 | $123,277 | $739,000 | — |
| Willow Creek | 181 | $62,857 | $450,000 | — |
| Gallatin River Ranch | 127 | $101,250 | $1,375,000 | — |
| Manhattan | 2,288 | $87,865 | $517,800 | $1,585 |
| Ponderosa Pines | 950 | $73,681 | — | — |
| Amsterdam | 130 | $85,750 | $480,000 | — |
| Churchill | 1,167 | $108,281 | $690,600 | $1,382 |
| Toston | 368 | $63,206 | $371,800 | — |
More for people moving to Three Forks
Three Forks ZIP code ›Weather and climate ›Living in Three Forks: FAQ
What is the median household income in Three Forks, MT?
The median household income in Three Forks is $79,784, 10% 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 Three Forks?
The median home value in Three Forks is $395,800, compared with $375,800 in Montana.
How much is rent in Three Forks?
The median gross rent in Three Forks is $1,330 per month, about 28.8% of household income.
Is Three Forks, MT a good place to live?
Pluses: median household income 10% higher than the Montana median; unemployment of 0%; a poverty rate of 6.2%. Minuses: home values 5% higher than the state median; an average commute of 24 minutes.
What is the median age in Three Forks?
The median age in Three Forks is 41.4 years (Montana: 40.4).
How long is the commute in Three Forks?
The average commute to work in Three Forks is 24 minutes; 9% of workers work from home.
What is the unemployment rate in Three Forks?
The unemployment rate in Three Forks is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Three Forks?
21% of adults in Three Forks 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: