US ZIP Code
59743

Melrose, MT

Silver Bow County  ·  Montana

● Active
👥 192 Population ↑ 54% since 2019
💰 $50,938 Median HH Income
▼ 33% below avg ↑ 13% since 2019
🎂 57.1 Median Age ↓ 2% since 2019
🏠 $484,600 Median Home Value
▲ 74% above avg ↑ 127% since 2019
🎓 43.6% College Grads
▲ 13% above avg
📊 29.0% Unemployment
▲ 492% above avg ↑ 128% since 2019
ZIP Code Details
ZIP Code59743
CityMelrose
StateMontana (MT)
CountySilver Bow County
Area Code406
Elevation5,836 ft
Latitude45.601215
Longitude-112.764722
TimezoneDenver (DST)
FIPS30093
ZIP TypePO Box
StatusActive
People & Population (ACS 2023)
♂ Male 54.2% (104) Female 45.8% (88) ♀

Race & Ethnicity

White: 99.5%Other: 0.5%Race
White99.5%
Other0.5%

Age Breakdown

Under 5
2%
5–17
8%
18–24
2%
25–44
26%
45–64
44%
65+
11%

Key Indicators

Median Age57.1 yrs ↓ 2% since 2019
Avg Household Size2.18
Below Poverty15.6% ▲ 56% above avg
College Grads43.6% ▲ 13% above avg
Unemployment29.0% ▲ 492% above avg
No HS Diploma1 (0.6%)
HS Graduate60 (36.4%)
Some College5 (3%)
Associates27 (16.4%)
Bachelors28 (17%)
Graduate Degree44 (26.7%)

Education

No HS: 0.6%HS Grad: 36.4%Some College: 3%Associates: 16.4%Bachelors: 17%Graduate: 26.7%Edu
No HS0.6%
HS Grad36.4%
Some College3.0%
Associates16.4%
Bachelors17.0%
Graduate26.7%
Housing & Income

Housing Tenure

Owner: 79.6%Renter: 20.5%Tenure
Owner79.6%
Renter20.5%

Home Value Distribution

Under $50k
3%
$50k–100k
3%
$100k–150k
6%
$150k–200k
9%
$200k–300k
9%
$300k–500k
24%
Over $500k
47%

Financials

Median HH Income$50,938 ▼ 33% below avg ↑ 13% since 2019
Median Home Value$484,600 ▲ 74% above avg ↑ 127% since 2019
Home/Income Ratio9.5x (nat avg ~3.5x)
Median Rent$943/mo
Total Units135
Vacant Units47
Avg HH Size2.18

Income Distribution

Under $25k
2%
$25k–50k
40%
$50k–75k
16%
$75k–100k
19%
$100k–150k
16%
$150k–200k
7%
Employment & Commute

How People Get to Work

Drove Alone
91%
Walked
3%
Work From Home
6%

Commute Time

Under 15 min
29%
15–30 min
3%
30–45 min
42%
Over 45 min
26%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
1%
1960s–1970s
7%
1980s–1990s
35%
2000+
57%

Summary

Total Units135
Vacant47
Owner Occupied79.6%
Renter Occupied20.5%
Avg HH Size2.18
Frequently Asked Questions
ZIP code 59743 is in Melrose, MT, in Silver Bow County.
ZIP code 59743 is located in Montana (MT).
ZIP code 59743 is in Silver Bow County, MT.
ZIP 59743 observes the Denver timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 59743 is 192 people (ACS 2023).
The median household income in ZIP code 59743 is $50,938 (ACS 2023).
The median home value in ZIP 59743 is $484,600 (ACS 2023).
About ZIP Code 59743

ZIP code 59743 is located in Melrose, Montana, within Silver Bow County. With a population of 192, this is a sparsely populated ZIP code with an older community — the median age is 57.1 years. Economically, 59743 is a working-class ZIP code: the median household income of $50,938 is below the national average.

Real estate in ZIP code 59743 represents a premium housing market. The median home value of $484,600 is significantly above the national average. Renters can expect to pay around $943 per month in median rent. Homeownership is strong here — 79.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 127% since 2019.

The population of 59743 is primarily White (99.48%). Residents are well-educated — 43.6% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 15.6%. Household income has grown by 13% since 2019.

The unemployment rate in 59743 stands at 29.0%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.

Overall, ZIP code 59743 in Melrose, MT is characterized as working-class, well-educated, an older community, and predominantly owner-occupied. With 192 residents, a median household income of $50,938, and a median home value of $484,600, it offers a clear picture of life in this part of Montana.