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Libby, Montana Demographics & Population 2026

Lowest IncomeAmong the lowest median incomes in Montana

During the 2020–2024 ACS period, Libby, Montana had a total population of 3,042, the 38th largest city in Montana, with a median household income of $34,143, which is 53% lower than the state average. The poverty rate is 24.0%.

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

Key Takeaways

Libby Quick Facts

Population 3,042
Median Household Income $34,143
Median Home Value $257,400
Poverty Rate 24.0%
Unemployment Rate 3.4%
Median Age 51.0 years
Homeownership Rate 57.0%
Affordability Ratio 7.5x
Bachelor's Degree or Higher 19.4%
High School Graduation Rate 90.4%
Diversity Index 19/100
Population 3,042 38th of 475
Median Income $34,143 bottom 10%
Poverty Rate 24.0% 92% higher than national
Median Home Value $257,400 average

How Libby 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
Population2,9483,042+3.2%
Median household income$39,261$34,143-13.0%
Median home value$218,500$257,400+17.8%

How Libby Compares

Economy & Housing

Household Income Distribution

Under $25K 38.6%
$25K-$50K 27.3%
$50K-$100K 17.7%
$100K+ 16.4%
Detailed income brackets
Under $10K
11.5%
$10K-$15K
10.9%
$15K-$20K
6.0%
$20K-$25K
10.2%
$25K-$30K
8.4%
$30K-$35K
3.8%
$35K-$40K
3.1%
$40K-$45K
3.4%
$45K-$50K
8.7%
$50K-$60K
8.1%
$60K-$75K
3.2%
$75K-$100K
6.4%
$100K-$125K
9.7%
$125K-$150K
3.7%
$150K-$200K
3.0%
$200K+
0.0%

Employment

3.4% Unemployment Rate State: 3.6%|National: 5.2%
37.8% Labor Force Participation

Housing Overview

Owner 57.0%
Renter 43.0%
Affordability Index Very Expensive
7.5x home value to income ratio
Median gross rent $672/mo 23.6% of median household income annually

People & Demographics

Diversity Index

19out 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

Libby Rankings in Montana

#38 Population of 475
#321 Median Income of 341
#263 Education of 473
#150 Home Value of 320

Other Cities in Lincoln County

CityPopulationMedian IncomePovertyHome Value
Eureka 1,840 $38,750 31.3% $172,000
White Haven 978 $41,154 25.2% $205,300
Troy 871 $32,250 39.8% $257,600
Pioneer Junction 798 $59,107 2.5% $321,600
Trego 692 $108,750 3.9% $328,800
West Kootenai 494 $93,869 0.0% $270,000
Fortine 351 $66,402 18.8% $325,900
Yaak 293 $60,000 19.6% $380,800
Bull Lake 247 N/A 0.0% $592,100
Happys Inn 229 $40,221 18.3% $435,000

Cities Similar to Libby

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
North Browning3,144$37,155$187,50012.3%43.3%
Cut Bank3,028$49,432$164,10016.6%18.9%
Deer Lodge3,021$60,302$247,60023.8%7.2%
Conrad2,618$47,857$188,90023.4%17.6%
Shelby3,216$58,413$232,70019.5%13.8%

Population Overview

Libby is a small community located in Montana, within Lincoln County. The total population is 3,042. It ranks as the 38th most populous out of 475 Census-designated places in Montana.

Age Demographics

The median age in Libby is 51.0 years. This is 26% higher than the state median of 40.4 years. 17.8% 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 is $34,143. This is 53% lower than the state median of $72,509. It is also 58% lower than the national median of $80,734. The poverty rate stands at 24.0%. This is 108% higher than the state poverty rate of 11.5%. 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 3.4%. This is 7% lower than the state rate of 3.6%. The median home value is $257,400. Housing costs are 32% lower than the state median of $375,800. The home-value-to-income ratio of 7.5x suggests that housing affordability is a significant concern for many residents. 57.0% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 69.2%.

Race & Ethnicity

Libby has a predominantly White (non-Hispanic) population, comprising 89.5% of all residents. Asian residents account for 0.4%. The Black or African American population (0.2%) is well below the state average of 0.4%. The Hispanic or Latino population (0.3%) is well below the state average of 4.6%. The Asian population (0.4%) is well below the state average of 0.8%.

Education

19.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% 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 90.4%.

Data Sources & Methodology

All demographic data for Libby, 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 Libby, Montana?

Libby, Montana has a population of 3,042 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Libby, MT?

The median household income in Libby is $34,143, which is 58% lower than the national median of $80,734.

What is the poverty rate in Libby, MT?

The poverty rate in Libby is 24.0%. This means approximately 698 residents live below the federal poverty line.

What is the racial makeup of Libby, Montana?

Libby's population is 89.5% White, 0.2% Black, 0.3% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Libby, MT?

The median home value in Libby is $257,400. The home-value-to-income ratio is 7.5x.

How educated is Libby, Montana?

19.4% of adults (25+) in Libby hold a bachelor's degree or higher, and 7.1% hold a graduate or professional degree.