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ZipNumbers

Montana · Census place 61525

Red Lodge city, MT

Quick answer

Red Lodge city has 2,399 residents, ranking #44 of 497 places in Montana. Median household income is $43,857, the median home is worth $374,900 and median gross rent runs $805 a month.

Population
2,399Red Lodge city residents
Median household income
$43,857Past 12 months, inflation adjusted
Median home value
$374,900Owner-occupied units
Median gross rent
$805Rent plus utilities, monthly
Median age
57.9 yrsAll residents
Homeownership rate
60.4%Owner-occupied households

What the numbers mean in Red Lodge city

Housing cost measured against local earnings.

A household earning the Red Lodge city median would spend about 22% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 8.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7% of residents and 60.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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