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
Compare with nearby places
Places of similar size in Montana.
- Lakeside CDP 2,730
- Wolf Point city 2,604
- Conrad city 2,553
- Big Sky CDP 2,388
- King Arthur Park CDP 2,343
- Townsend city 2,232
- Stevensville town 2,172
Keep going
More Montana coverage.