Living in Townsend, Montana
Cost of living, income, home prices, rent and demographics of Townsend · Census data 2020–2024
Townsend has 1,967 residents with a median age of 49.1. The median household income is $70,752 (about the same as the Montana median), the median home value is $227,600, the median rent is $952/month.
Townsend at a glance
- Population
- 1,967
- Median age
- 49.1State: 40.4
- Median household income
- $70,752State: $72,509
- Median home value
- $227,600State: $375,800
- Median rent
- $952/moState: $1,081
- Homeowners
- 73.2%
- Bachelor's degree or higher
- 21.5%
- Average commute
- 31 min
Is Townsend a good place to live?
Pros: Home values 39% lower than the state median.
Cons: Median household income about the same as the Montana median; an average commute of 31 minutes; unemployment of 13.3%; a poverty rate of 15.6%.
The weather is best in June to September.
Cost of living in Townsend
Housing is the biggest part of the cost of living. In Townsend the median home value is $227,600, 32% lower than the U.S. median. Renters pay a median of $952 per month, which is 40.2% of household income. Homeowners with a mortgage pay $1,200 a month in housing costs.
Townsend median household income
The median household income in Townsend is $70,752 and the income per person is $37,199. 15.6% of residents live below the poverty line (Montana: 11.5%).
Housing in Townsend: homes for sale and rent
- Housing units
- 923
- Owner-occupied
- 73.2%
- Renter-occupied
- 26.8%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.23
Townsend demographics
- Population
- 1,967
- Median age
- 49.1
- Under 18
- 17.6%
- 65 and older
- 19.5%
- Households
- 861
- Foreign-born
- 2%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Townsend ›
Education in Townsend
21.5% of adults 25 and older in Townsend have a bachelor's degree or higher (Montana: 35.2%), and 8.1% have a graduate or professional degree.
Jobs and commute in Townsend
- Unemployment rate
- 13.3%State: 3.6%
- Average commute
- 31 minState: 19 min
- Work from home
- 13.5%
- Drive alone
- 75.6%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 84.3%
Townsend vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Townsend | 1,967 | $70,752 | $227,600 | $952 |
| The Silos | 579 | $60,521 | $367,300 | — |
| Toston | 368 | $63,206 | $371,800 | — |
| Spokane Creek | 740 | $127,250 | $812,500 | — |
| Ponderosa Pines | 950 | $73,681 | — | — |
| Montana City | 3,092 | $129,755 | $571,200 | $2,077 |
| Jefferson City | 533 | $125,682 | — | — |
| Clancy | 1,874 | $125,000 | $469,300 | $978 |
| Wheatland | 1,661 | $123,277 | $739,000 | — |
More for people moving to Townsend
Townsend ZIP code ›Weather and climate ›Living in Townsend: FAQ
What is the median household income in Townsend, MT?
The median household income in Townsend is $70,752, 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 Townsend?
The median home value in Townsend is $227,600, compared with $375,800 in Montana.
How much is rent in Townsend?
The median gross rent in Townsend is $952 per month, about 40.2% of household income.
Is Townsend, MT a good place to live?
Pluses: home values 39% lower than the state median. Minuses: median household income about the same as the Montana median; an average commute of 31 minutes; unemployment of 13.3%; a poverty rate of 15.6%.
What is the median age in Townsend?
The median age in Townsend is 49.1 years (Montana: 40.4).
How long is the commute in Townsend?
The average commute to work in Townsend is 31 minutes; 13.5% of workers work from home.
What is the unemployment rate in Townsend?
The unemployment rate in Townsend is 13.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Townsend?
21.5% of adults in Townsend 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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