Living in Wisdom, Montana
Cost of living, income, home prices, rent and demographics of Wisdom · Census data 2020–2024
Wisdom has 110 residents with a median age of 57.7. The median household income is $61,198 (16% lower than the Montana median), the median rent is $550/month.
Wisdom is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Wisdom at a glance
- Population
- 110
- Median age
- 57.7State: 40.4
- Median household income
- $61,198State: $72,509
- Median rent
- $550/moState: $1,081
- Homeowners
- 81.2%
- Bachelor's degree or higher
- 16.3%
- Average commute
- 30 min
Is Wisdom a good place to live?
Pros: A poverty rate of 5.5%.
Cons: Median household income 16% lower than the Montana median; an average commute of 30 minutes.
The weather is best in June to September.
Cost of living in Wisdom
Housing is the biggest part of the cost of living. In Wisdom the median home value is —. Renters pay a median of $550 per month, which is 32.5% of household income. Homeowners with a mortgage pay $963 a month in housing costs.
Wisdom median household income
The median household income in Wisdom is $61,198 and the income per person is $41,970. 5.5% of residents live below the poverty line (Montana: 11.5%).
Housing in Wisdom: homes for sale and rent
- Housing units
- 108
- Owner-occupied
- 81.2%
- Renter-occupied
- 18.8%
- Vacant
- 36.1%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 1.59
36.1% of homes are vacant most of the year, a sign that Wisdom has many vacation and second homes.
Wisdom demographics
- Population
- 110
- Median age
- 57.7
- Under 18
- 3.6%
- 65 and older
- 40%
- Households
- 69
- Foreign-born
- 0%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Wisdom ›
Education in Wisdom
16.3% of adults 25 and older in Wisdom have a bachelor's degree or higher (Montana: 35.2%), and 4.3% have a graduate or professional degree.
Jobs and commute in Wisdom
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 30 minState: 19 min
- Work from home
- 12.1%
- Drive alone
- 48.5%
- Public transit
- 0%
- Walk to work
- 6.1%
- Homes with broadband
- 95.7%
Wisdom vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wisdom | 110 | $61,198 | — | $550 |
| Anaconda-Deer Lodge County | 9,597 | $57,527 | $231,700 | $696 |
| Salmon | 3,203 | $42,844 | $235,500 | $590 |
| Dillon | 4,085 | $61,134 | $256,700 | $864 |
More for people moving to Wisdom
Wisdom ZIP code ›Weather and climate ›Living in Wisdom: FAQ
What is the median household income in Wisdom, MT?
The median household income in Wisdom is $61,198, 16% lower than the Montana median of $72,509 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How much is rent in Wisdom?
The median gross rent in Wisdom is $550 per month, about 32.5% of household income.
Is Wisdom, MT a good place to live?
Pluses: a poverty rate of 5.5%. Minuses: median household income 16% lower than the Montana median; an average commute of 30 minutes.
What is the median age in Wisdom?
The median age in Wisdom is 57.7 years (Montana: 40.4).
How long is the commute in Wisdom?
The average commute to work in Wisdom is 30 minutes; 12.1% of workers work from home.
What is the unemployment rate in Wisdom?
The unemployment rate in Wisdom is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wisdom?
16.3% of adults in Wisdom 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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