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Carlton, Montana Demographics & Population 2026

During the 2020–2024 ACS period, Carlton, Montana had a total population of 682, the 132nd largest community in Montana, with a median household income of $107,155, which is 48% higher than the state average. The poverty rate is 7.3%.

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

Key Takeaways

Carlton Quick Facts

Population 682
Median Household Income $107,155
Median Home Value $712,500
Poverty Rate 7.3%
Unemployment Rate 0.0%
Median Age 56.7 years
Homeownership Rate 100.0%
Affordability Ratio 6.6x
Bachelor's Degree or Higher 41.1%
High School Graduation Rate 100.0%
Diversity Index 24/100
Population 682 132nd of 475
Median Income $107,155 top 10%
Poverty Rate 7.3% 41% lower than national
Median Home Value $712,500 top 10%

How Carlton 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
Population497682+37.2%
Median household income$81,648$107,155+31.2%
Median home value$626,400$712,500+13.7%

How Carlton Compares

Economy & Housing

Household Income Distribution

Under $25K 11.0%
$25K-$50K 0.0%
$50K-$100K 21.7%
$100K+ 67.2%
Detailed income brackets
Under $10K
7.9%
$10K-$15K
0.0%
$15K-$20K
3.1%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
3.8%
$60K-$75K
0.0%
$75K-$100K
17.9%
$100K-$125K
20.0%
$125K-$150K
15.5%
$150K-$200K
3.1%
$200K+
28.6%

Employment

0.0% Unemployment Rate State: 3.6%|National: 5.2%
80.4% Labor Force Participation

Housing Overview

Owner 100.0%
Renter 0.0%
Affordability Index Expensive
6.6x home value to income ratio

People & Demographics

Diversity Index

24out 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

Carlton Rankings in Montana

#132 Population of 475
#30 Median Income of 341
#74 Education of 473
#15 Home Value of 320

Other Cities in Missoula County

CityPopulationMedian IncomePovertyHome Value
Missoula 76,514 $70,392 11.8% $473,100
Orchard Homes 5,588 $64,904 8.7% $553,700
Lolo 4,314 $86,065 5.3% $431,800
East Missoula 2,099 $57,500 7.3% $358,500
Frenchtown 1,927 $94,500 9.9% $475,500
Bonner-West Riverside 1,563 $62,039 14.5% $210,900
Seeley Lake 1,496 $49,574 9.8% $361,100
Wye 1,055 $109,625 2.8% $569,100
Clinton 1,040 $103,750 3.8% $386,600
Turah 543 $130,417 3.5% $470,400

Cities Similar to Carlton

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Trego692$108,750$328,80030.0%3.9%
Muddy724N/A$163,8006.2%52.3%
Spokane Creek740$127,250$812,50079.3%0.0%
Culbertson567$101,136$217,20031.3%10.3%
Lindisfarne533N/A$653,80048.1%14.3%

A note before these figures: with a population of 682, Carlton's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Carlton is a small community located in Montana, within Missoula County. The total population is 682. It ranks as the 132nd most populous out of 475 Census-designated places in Montana.

Age Demographics

The median age in Carlton is 56.7 years. This is 40% higher than the state median of 40.4 years. Only 1.3% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Carlton is $107,155. This is 48% higher than the state median of $72,509. It is also 33% higher than the national median of $80,734. The poverty rate stands at 7.3%. This is 36% lower than the state poverty rate of 11.5%. The survey records no unemployed residents in Carlton, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $712,500. Housing costs are 90% higher than the state median of $375,800. The home-value-to-income ratio of 6.6x suggests that housing affordability is a significant concern for many residents. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 69.2%.

Race & Ethnicity

Carlton has a predominantly White (non-Hispanic) population, comprising 86.2% of all residents.

Education

41.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% higher than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 16.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Carlton, 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 Carlton, Montana?

Carlton, Montana has a population of 682 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Carlton, MT?

The median household income in Carlton is $107,155, which is 33% higher than the national median of $80,734.

What is the poverty rate in Carlton, MT?

The poverty rate in Carlton is 7.3%. This means approximately 50 residents live below the federal poverty line.

What is the racial makeup of Carlton, Montana?

Carlton's population is 86.2% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Carlton, MT?

The median home value in Carlton is $712,500. The home-value-to-income ratio is 6.6x.

How educated is Carlton, Montana?

41.1% of adults (25+) in Carlton hold a bachelor's degree or higher, and 16.4% hold a graduate or professional degree.