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Libby city, Montana Demographics & Population 2026

High PovertyPoverty rate of 26.1% is well above the state average

As of 2026, Libby city, Montana has a total population of 2,948, the 38th largest city in Montana, with a median household income of $39,261, which is 44% lower than the state average. The poverty rate is 26.1%.

Key Takeaways

Libby city Quick Facts

Population 2,948
Median Household Income $39,261
Median Home Value $218,500
Poverty Rate 26.1%
Unemployment Rate 1.9%
Median Age 49.0 years
Homeownership Rate 59.5%
Affordability Ratio 5.6x
Bachelor's Degree or Higher 17.2%
High School Graduation Rate 92.9%
Diversity Index 23/100
Population 2,948 38th of 470
Median Income $39,261 bottom 20%
Poverty Rate 26.1% 110% higher national
Median Home Value $218,500 average

How Libby city Compares

Economy & Housing

Employment

1.9% Unemployment Rate State: 3.8% | National: 5.2%
46.2% Labor Force Participation

Housing Overview

Owner 59.5%
Renter 40.5%
Affordability Index Expensive
5.6x home value to income ratio

People & Demographics

Diversity Index

23out of 100
Very Low Diversity

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

State average: 28 | National average: 60

Education

Libby city Rankings in Montana

#38 Population of 470
#301 Median Income of 470
#280 Education of 470
#180 Home Value of 470

Cities Similar to Libby city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
North Browning CDP2,894$40,813$131,30017.1%32.7%
Deer Lodge city3,035$53,676$196,40021.9%8.1%
Cut Bank city3,040$55,848$161,40019.2%22.3%
Shelby city3,129$53,357$206,00019.4%11.3%
Wolf Point city2,604$48,750$124,60011.7%25.9%

Population Overview

Libby city is a small community located in Montana. The total population is 2,948. It ranks as the 38th most populous out of 470 cities and towns in Montana.

Age Demographics

The median age in Libby city is 49.0 years. This is 22% higher than the state median of 40.2 years. 14.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Libby city is $39,261. This is 44% lower than the state median of $69,922. Compared to the national median of $78,538, household income here is 50% lower. The poverty rate stands at 26.1%. This is 117% higher than the state poverty rate of 12.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 1.9%. This is 50% lower than the state rate of 3.8%. The median home value is $218,500. Housing costs are 35% lower than the state median of $338,100. The home-value-to-income ratio is 5.6x. 59.5% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 69.4%.

Race & Ethnicity

Libby city has a predominantly White (non-Hispanic) population, comprising 86.6% of all residents. Hispanic or Latino residents account for 1.3%. The Hispanic or Latino population (1.3%) is well below the state average of 4.4%.

Education

17.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.9%.

Data Sources & Methodology

All demographic data for Libby city, Montana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 470 Census-designated places in Montana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Libby city, Montana?

Libby city, Montana has a population of 2,948 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Libby city, MT?

The median household income in Libby city is $39,261, which is 50% lower the national median of $78,538.

What is the poverty rate in Libby city, MT?

The poverty rate in Libby city is 26.1%. This means approximately 737 residents live below the federal poverty line.

What is the racial makeup of Libby city, Montana?

Libby city's population is 86.6% White, 0.3% Black, 1.3% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Libby city, MT?

The median home value in Libby city is $218,500. The home-value-to-income ratio is 5.6x.

How educated is Libby city, Montana?

17.2% of adults (25+) in Libby city hold a bachelor's degree or higher, and 6.8% hold a graduate or professional degree.