City

Charlo, MT

1 ZIP code  ·  Lake County  ·  Montana

👥1,453Population
💰$62,500Median HH Income▼ 18% below avg
🎂49.1Median Age
🏠$325,000Median Home Value▲ 17% above avg
🎓40.8%College Grads≈ Avg
📊1.3%Unemployment▼ 73% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.1% Female 49.9% ♀

Race & Ethnicity

White: 66.6%Hispanic: 5.6%Black: 0.3%Asian: 0.5%Other: 15.8%Race
White66.6%
Hispanic5.6%
Black0.3%
Asian0.5%
Other15.8%

Age Breakdown

Under 5
6%
5–17
12%
18–24
4%
25–44
23%
45–64
26%
65+
14%

Key Indicators

Median Age49.1 yrs
Avg HH Size2.52
Below Poverty14.4% ▲ 44% above avg
College Grads40.8% ≈ Avg
Unemployment1.3% ▼ 73% below avg
No HS Diploma4 (0.4%)
HS Graduate347 (31.7%)
Some College105 (9.6%)
Associates192 (17.6%)
Bachelors145 (13.3%)
Graduate Degree301 (27.5%)

Education

No HS: 0.4%HS Grad: 31.7%Some College: 9.6%Associates: 17.6%Bachelors: 13.3%Graduate: 27.5%Edu
No HS0.4%
HS Grad31.7%
Some College9.6%
Associates17.6%
Bachelors13.3%
Graduate27.5%
Housing & Income

Housing Tenure

Owner: 79%Renter: 21%Tenure
Owner79.0%
Renter21.0%

Home Value Distribution

Under $50k
8%
$50k–$100k
6%
$100k–$150k
10%
$150k–$200k
4%
$200k–$300k
19%
$300k–$500k
21%
Over $500k
32%

Financials

Median HH Income$62,500 ▼ 18% below avg
Median Home Value$325,000 ▲ 17% above avg
Home/Income Ratio5.2x (nat avg ~3.5x)
Median Rent$822/mo
Total Housing Units678
Vacant Units112

Income Distribution

Under $25k
23%
$25k–$50k
19%
$50k–$75k
19%
$75k–$100k
16%
$100k–$150k
14%
$150k–$200k
6%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
65%
Walked
8%
Work From Home
27%

Commute Time

Under 15 min
23%
15–30 min
24%
30–45 min
30%
Over 45 min
23%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
9%
1960s–1970s
21%
1980s–1990s
13%
2000+
56%
About Charlo, MT

Charlo is a city in Montana, located in Lake County. The city spans 1 ZIP code and is home to approximately 1,453 residents. It is a mature city, with a median age of 49.1 years.

Economically, Charlo is a solidly middle-class community. The median household income of $62,500 is below the national average. Approximately 14.4% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.

The real estate market in Charlo is a mid-range housing market. Median home values stand at $325,000, which is above the national average. Renters typically pay around $822 per month. Homeownership is high at 79.0%, typical of suburban and family-oriented communities.

The population of Charlo is well-educated. 40.8% of adults hold a bachelor's degree or higher — near the national average. The community is majority White (66.62%).

Charlo, MT offers residents a cost-conscious lifestyle within Montana.

ZIP Codes in Charlo
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
59824 1,453 $62,500 $325,000 $822 1.3% 40.8% 79.0%