Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 59.4 yrs |
|---|---|
| Avg HH Size | 1.77 |
| Below Poverty | 4.5% ▼ 55% below avg |
| College Grads | 55.1% ▲ 42% above avg |
| Unemployment | 3.7% ▼ 25% below avg |
| No HS Diploma | 5 (0.2%) |
| HS Graduate | 507 (17.8%) |
| Some College | 226 (7.9%) |
| Associates | 541 (19%) |
| Bachelors | 272 (9.5%) |
| Graduate Degree | 1,298 (45.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,704 ▼ 17% below avg |
|---|---|
| Median Home Value | $413,900 ▲ 48% above avg |
| Home/Income Ratio | 6.5x (nat avg ~3.5x) |
| Median Rent | $795/mo |
| Total Housing Units | 2,967 |
| Vacant Units | 1,023 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Red Lodge is a city in Montana, located in Carbon County. The city spans 1 ZIP code and is home to approximately 3,513 residents. It is an older city, with a median age of 59.4 years.
Economically, Red Lodge is a solidly middle-class community. The median household income of $63,704 is below the national average. Approximately 4.5% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.
The real estate market in Red Lodge is a premium housing market. Median home values stand at $413,900, which is above the national average. Renters typically pay around $795 per month. Homeownership is high at 67.1%, typical of suburban and family-oriented communities.
The population of Red Lodge is well-educated. 55.1% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (92.09%).
Red Lodge, MT offers residents a cost-conscious lifestyle within Montana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 59068 | 3,513 | $63,704 | $413,900 | $795 | 3.7% | 55.1% | 67.1% |