Homestead, Montana Demographics & Population 2026
During the 2020–2024 ACS period, Homestead, Montana had a total population of 27, the 425th largest community in Montana, with a median household income of $162,500, which is 124% higher than the state average. The poverty rate is 0.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 124% above the state average — one of the wealthiest communities in Montana.
- 50.0% of adults hold a bachelor's degree or higher — top 10% in Montana.
- Housing is very affordable with a home-value-to-income ratio of just 1.2x.
Homestead Quick Facts
How Homestead Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 13 | 27 | +107.7% |
| Median household income | $151,250 | $162,500 | +7.4% |
| Median home value | $162,500 | $187,500 | +15.4% |
How Homestead Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 29 | National average: 61
Education
Educational Attainment (Adults 25+)
Homestead Rankings in Montana
Explore Montana Rankings
Other Cities in Sheridan County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Plentywood | 1,654 | $68,438 | 14.7% | $161,000 |
| Westby | 290 | $32,500 | 8.3% | $65,800 |
| Medicine Lake | 213 | $48,125 | 13.4% | $106,800 |
| Outlook | 51 | $58,125 | 9.8% | $125,000 |
| Reserve | 19 | $53,750 | 31.6% | $100,000 |
| Redstone | 4 | N/A | 0.0% | N/A |
Cities Similar to Homestead
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Canyon Creek | 27 | N/A | N/A | 0.0% | 100.0% |
| Golden Valley Colony | 27 | N/A | N/A | 0.0% | 51.8% |
| Pompeys Pillar | 27 | N/A | N/A | 0.0% | 0.0% |
| Spring Creek Colony | 27 | N/A | N/A | 0.0% | 59.3% |
| Dewey | 26 | N/A | N/A | 23.1% | 38.5% |
A note before these figures: with a population of 27, Homestead'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
Homestead is a small community located in Montana, within Sheridan County. The total population is 27. It ranks as the 425th most populous out of 475 Census-designated places in Montana.
Age Demographics
The median age in Homestead is 51.1 years. This is 26% higher than the state median of 40.4 years.
Economy, Income & Housing
The median household income in Homestead is $162,500. This is 124% higher than the state median of $72,509. It is also 101% higher than the national median of $80,734. The ACS records no residents below the poverty line in Homestead. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The survey records no unemployed residents in Homestead, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $187,500. Housing costs are 50% lower than the state median of $375,800. With a home-value-to-income ratio of just 1.2x, Homestead is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 69.2%.
Race & Ethnicity
Every resident counted in Homestead was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.
Education
50.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Homestead in the top 10% of all cities in the state for educational attainment. This is 42% 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.
Data Sources & Methodology
All demographic data for Homestead, 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 Homestead, Montana?
Homestead, Montana has a population of 27 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Homestead, MT?
The median household income in Homestead is $162,500, which is 101% higher than the national median of $80,734.
What is the poverty rate in Homestead, MT?
The ACS sample for Homestead recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.
What is the racial makeup of Homestead, Montana?
Homestead's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Homestead, MT?
The median home value in Homestead is $187,500. The home-value-to-income ratio is 1.2x.
How educated is Homestead, Montana?
50.0% of adults (25+) in Homestead hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.