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Baker, Montana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Baker, Montana had a total population of 1,489, the 73rd largest city in Montana, with a median household income of $84,750, which is 17% higher than the state average. The poverty rate is 12.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Baker Quick Facts

Population 1,489
Median Household Income $84,750
Median Home Value $211,400
Poverty Rate 12.5%
Unemployment Rate 0.0%
Median Age 35.4 years
Homeownership Rate 63.4%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 13.8%
High School Graduation Rate 99.5%
Diversity Index 14/100
Population 1,489 73rd of 475
Median Income $84,750 top 30%
Poverty Rate 12.5% about the same as national
Median Home Value $211,400 below average

How Baker Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,5351,489-3.0%
Median household income$78,971$84,750+7.3%
Median home value$198,800$211,400+6.3%

How Baker Compares

Economy & Housing

Household Income Distribution

Under $25K 19.9%
$25K-$50K 6.9%
$50K-$100K 30.2%
$100K+ 43.0%
Detailed income brackets
Under $10K
2.0%
$10K-$15K
11.2%
$15K-$20K
4.4%
$20K-$25K
2.3%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
4.4%
$40K-$45K
2.5%
$45K-$50K
0.0%
$50K-$60K
7.7%
$60K-$75K
8.9%
$75K-$100K
13.6%
$100K-$125K
12.3%
$125K-$150K
2.1%
$150K-$200K
12.7%
$200K+
15.9%

Employment

0.0% Unemployment Rate State: 3.6%|National: 5.2%
61.4% Labor Force Participation

Housing Overview

Owner 63.4%
Renter 36.6%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $776/mo 11.0% of median household income annually

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 29 | National average: 61

Education

Baker Rankings in Montana

#73 Population of 475
#80 Median Income of 341
#319 Education of 473
#197 Home Value of 320

Other Cities in Fallon County

CityPopulationMedian IncomePovertyHome Value
Plevna 209 $103,750 0.5% N/A

Cities Similar to Baker

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
South Browning1,538N/A$73,0009.3%42.2%
Fort Benton1,474$67,188$247,60030.2%3.0%
Helena West Side1,417$66,921$402,30044.8%5.9%
West Yellowstone1,474$58,839$504,30025.1%13.1%
Big Timber1,611$66,898$278,20016.2%10.4%

Population Overview

Baker is a small community located in Montana, within Fallon County. The total population is 1,489. It ranks as the 73rd most populous out of 475 Census-designated places in Montana.

Age Demographics

The median age in Baker is 35.4 years. This is 12% lower than the state median of 40.4 years.

Economy, Income & Housing

The median household income in Baker is $84,750. This is 17% higher than the state median of $72,509. It is also 5% higher than the national median of $80,734. The poverty rate stands at 12.5%. This is 9% higher than the state poverty rate of 11.5%. The survey records no unemployed residents in Baker, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $211,400. Housing costs are 44% lower than the state median of $375,800. With a home-value-to-income ratio of just 2.5x, Baker is one of the most affordable housing markets in the area. 63.4% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 69.2%.

Race & Ethnicity

Baker has a predominantly White (non-Hispanic) population, comprising 92.4% of all residents. Hispanic or Latino residents account for 0.1%. The Hispanic or Latino population (0.1%) is well below the state average of 4.6%.

Education

13.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 61% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.5%.

Data Sources & Methodology

All demographic data for Baker, Montana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 475 Census-designated places in Montana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Baker, Montana?

Baker, Montana has a population of 1,489 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Baker, MT?

The median household income in Baker is $84,750, which is 5% higher than the national median of $80,734.

What is the poverty rate in Baker, MT?

The poverty rate in Baker is 12.5%. This means approximately 180 residents live below the federal poverty line.

What is the racial makeup of Baker, Montana?

Baker's population is 92.4% White, 0.0% Black, 0.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Baker, MT?

The median home value in Baker is $211,400. The home-value-to-income ratio is 2.5x.

How educated is Baker, Montana?

13.8% of adults (25+) in Baker hold a bachelor's degree or higher, and 3.2% hold a graduate or professional degree.