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Charlo, Montana Demographics & Population 2026

During the 2020–2024 ACS period, Charlo, Montana had a total population of 306, the 202nd largest community in Montana, with a median household income of $40,469, which is 44% lower than the state average. The poverty rate is 17.3%.

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

Key Takeaways

Charlo Quick Facts

Population 306
Median Household Income $40,469
Median Home Value $210,800
Poverty Rate 17.3%
Unemployment Rate 4.0%
Median Age 55.5 years
Homeownership Rate 67.8%
Affordability Ratio 5.2x
Bachelor's Degree or Higher 15.6%
High School Graduation Rate 93.4%
Diversity Index 29/100
Population 306 202nd of 475
Median Income $40,469 bottom 10%
Poverty Rate 17.3% 39% higher than national
Median Home Value $210,800 below average

How Charlo 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
Population344306-11.0%
Median household income$39,107$40,469+3.5%
Median home value$162,500$210,800+29.7%

How Charlo Compares

Economy & Housing

Household Income Distribution

Under $25K 26.2%
$25K-$50K 32.2%
$50K-$100K 23.5%
$100K+ 18.1%
Detailed income brackets
Under $10K
6.0%
$10K-$15K
8.7%
$15K-$20K
8.7%
$20K-$25K
2.7%
$25K-$30K
10.1%
$30K-$35K
5.4%
$35K-$40K
7.4%
$40K-$45K
5.4%
$45K-$50K
4.0%
$50K-$60K
6.7%
$60K-$75K
8.7%
$75K-$100K
8.1%
$100K-$125K
6.0%
$125K-$150K
10.1%
$150K-$200K
2.0%
$200K+
0.0%

Employment

4.0% Unemployment Rate State: 3.6%|National: 5.2%
55.8% Labor Force Participation

Housing Overview

Owner 67.8%
Renter 32.2%
Affordability Index Expensive
5.2x home value to income ratio
Median gross rent $843/mo 25.0% of median household income annually

People & Demographics

Diversity Index

29out of 100
Low Diversity

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

State average: 29 | National average: 61

Education

Charlo Rankings in Montana

#202 Population of 475
#309 Median Income of 341
#302 Education of 473
#200 Home Value of 320

Other Cities in Lake County

CityPopulationMedian IncomePovertyHome Value
Polson 5,428 $53,418 17.5% $356,300
Ronan 2,001 $42,298 21.6% $225,500
Pablo 1,632 $36,400 34.5% $256,700
St. Ignatius 977 $50,000 21.8% $250,000
Woods Bay 835 $64,091 10.5% $512,200
Arlee 812 $57,500 13.3% $261,400
Lindisfarne 533 N/A 14.3% $653,800
Finley Point 479 $65,972 18.8% $555,100
Kerr 463 N/A 27.9% $558,200
Elmo 290 N/A 11.7% N/A

Cities Similar to Charlo

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Parker School307N/A$93,70049.5%12.7%
St. Marie306$38,971$18,80023.1%23.9%
Forest Hill Village315N/A$608,50014.2%49.2%
Elmo290N/AN/A38.1%11.7%
Condon320$41,625$410,00037.2%11.9%

A note before these figures: with a population of 306, Charlo'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

Charlo is a small community located in Montana, within Lake County. The total population is 306. It ranks as the 202nd most populous out of 475 Census-designated places in Montana.

Age Demographics

The median age in Charlo is 55.5 years. This is 37% higher than the state median of 40.4 years. Only 13.4% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Charlo is $40,469. This is 44% lower than the state median of $72,509. It is also 50% lower than the national median of $80,734. The poverty rate stands at 17.3%. This is 50% higher than the state poverty rate of 11.5%. The unemployment rate is 4.0%. This is 10% higher than the state rate of 3.6%. The median home value is $210,800. Housing costs are 44% lower than the state median of $375,800. The home-value-to-income ratio is 5.2x. 67.8% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 69.2%.

Race & Ethnicity

The largest racial or ethnic group in Charlo is White (non-Hispanic), making up 84.0% of the population. Hispanic or Latino residents account for 6.9%. The Hispanic or Latino population is significantly higher than the state average (6.9% vs 4.6%).

Education

15.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% 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 93.4%.

Data Sources & Methodology

All demographic data for Charlo, 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 Charlo, Montana?

Charlo, Montana has a population of 306 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Charlo, MT?

The median household income in Charlo is $40,469, which is 50% lower than the national median of $80,734.

What is the poverty rate in Charlo, MT?

The poverty rate in Charlo is 17.3%. This means approximately 53 residents live below the federal poverty line.

What is the racial makeup of Charlo, Montana?

Charlo's population is 84.0% White, 0.0% Black, 6.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Charlo, MT?

The median home value in Charlo is $210,800. The home-value-to-income ratio is 5.2x.

How educated is Charlo, Montana?

15.6% of adults (25+) in Charlo hold a bachelor's degree or higher, and 7.4% hold a graduate or professional degree.