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Red Lodge city, Montana Demographics & Population 2026

Expensive MarketHome value to income ratio of 8.5x indicates a costly housing market

As of 2026, Red Lodge city, Montana has a total population of 2,399, the 44th largest city in Montana, with a median household income of $43,857, which is 37% lower than the state average. The poverty rate is 7.0%.

Key Takeaways

Red Lodge city Quick Facts

Population 2,399
Median Household Income $43,857
Median Home Value $374,900
Poverty Rate 7.0%
Unemployment Rate 4.0%
Median Age 57.9 years
Homeownership Rate 60.4%
Affordability Ratio 8.5x
Bachelor's Degree or Higher 44.7%
High School Graduation Rate 99.2%
Diversity Index 18/100
Population 2,399 44th of 470
Median Income $43,857 bottom 20%
Poverty Rate 7.0% 43% lower national
Median Home Value $374,900 top 30%

How Red Lodge city Compares

Economy & Housing

Employment

4.0% Unemployment Rate State: 3.8% | National: 5.2%
62.8% Labor Force Participation

Housing Overview

Owner 60.4%
Renter 39.6%
Affordability Index Very Expensive
8.5x home value to income ratio

People & Demographics

Diversity Index

18out 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

Red Lodge city Rankings in Montana

#44 Population of 470
#278 Median Income of 470
#65 Education of 470
#81 Home Value of 470

Cities Similar to Red Lodge city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Conrad city2,553$47,348$158,40021.0%17.9%
Wolf Point city2,604$48,750$124,60011.7%25.9%
Eureka town2,009$43,750$172,3007.4%29.3%
Crow Agency CDP2,110$49,333$88,50012.4%40.7%
Stevensville town2,172$52,745$336,50023.4%15.6%

Population Overview

Red Lodge city is a small community located in Montana. The total population is 2,399. It ranks as the 44th most populous out of 470 cities and towns in Montana.

Age Demographics

The median age in Red Lodge city is 57.9 years. This is 44% higher than the state median of 40.2 years. Only 13.2% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Red Lodge city is $43,857. This is 37% lower than the state median of $69,922. Compared to the national median of $78,538, household income here is 44% lower. The poverty rate stands at 7.0%. This is 41% lower than the state poverty rate of 12.0%. The unemployment rate is 4.0%. This is 8% higher than the state rate of 3.8%. The median home value is $374,900. Housing costs are 11% higher than the state median of $338,100. The home-value-to-income ratio of 8.5x suggests that housing affordability is a significant concern for many residents. 60.4% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 69.4%.

Race & Ethnicity

Red Lodge city has a predominantly White (non-Hispanic) population, comprising 90.6% of all residents. Hispanic or Latino residents account for 3.2%. The Black or African American population is significantly higher than the state average (1.5% vs 0.5%). The Asian population is significantly higher than the state average (2.0% vs 0.8%).

Education

44.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% higher 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 99.2%. Notably, 21.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Red Lodge 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 Red Lodge city, Montana?

Red Lodge city, Montana has a population of 2,399 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Red Lodge city, MT?

The median household income in Red Lodge city is $43,857, which is 44% lower the national median of $78,538.

What is the poverty rate in Red Lodge city, MT?

The poverty rate in Red Lodge city is 7.0%. This means approximately 158 residents live below the federal poverty line.

What is the racial makeup of Red Lodge city, Montana?

Red Lodge city's population is 90.6% White, 1.5% Black, 3.2% Hispanic/Latino, and 2.0% Asian.

What is the median home value in Red Lodge city, MT?

The median home value in Red Lodge city is $374,900. The home-value-to-income ratio is 8.5x.

How educated is Red Lodge city, Montana?

44.7% of adults (25+) in Red Lodge city hold a bachelor's degree or higher, and 21.1% hold a graduate or professional degree.