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Three Forks, Montana Demographics & Population 2026

During the 2020–2024 ACS period, Three Forks, Montana had a total population of 1,919, the 59th largest city in Montana, with a median household income of $79,784, which is 10% higher than the state average. The poverty rate is 6.2%.

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

Three Forks Quick Facts

Population 1,919
Median Household Income $79,784
Median Home Value $395,800
Poverty Rate 6.2%
Unemployment Rate 0.0%
Median Age 41.4 years
Homeownership Rate 73.2%
Affordability Ratio 5.0x
Bachelor's Degree or Higher 21.0%
High School Graduation Rate 97.7%
Diversity Index 10/100
Population 1,919 59th of 475
Median Income $79,784 top 30%
Poverty Rate 6.2% 51% lower than national
Median Home Value $395,800 top 30%

How Three Forks 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
Population2,0341,919-5.7%
Median household income$80,394$79,784-0.8%
Median home value$382,400$395,800+3.5%

How Three Forks Compares

Economy & Housing

Household Income Distribution

Under $25K 16.8%
$25K-$50K 11.8%
$50K-$100K 38.0%
$100K+ 33.3%
Detailed income brackets
Under $10K
2.4%
$10K-$15K
0.0%
$15K-$20K
4.4%
$20K-$25K
10.1%
$25K-$30K
3.3%
$30K-$35K
3.5%
$35K-$40K
0.9%
$40K-$45K
3.3%
$45K-$50K
0.9%
$50K-$60K
11.0%
$60K-$75K
6.6%
$75K-$100K
20.4%
$100K-$125K
21.8%
$125K-$150K
0.0%
$150K-$200K
7.9%
$200K+
3.7%

Employment

0.0% Unemployment Rate State: 3.6%|National: 5.2%
67.2% Labor Force Participation

Housing Overview

Owner 73.2%
Renter 26.8%
Affordability Index Expensive
5.0x home value to income ratio
Median gross rent $1,330/mo 20.0% of median household income annually

People & Demographics

Diversity Index

10out 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

Three Forks Rankings in Montana

#59 Population of 475
#96 Median Income of 341
#244 Education of 473
#86 Home Value of 320

Other Cities in Gallatin County

CityPopulationMedian IncomePovertyHome Value
Bozeman 56,114 $85,747 13.7% $687,900
Belgrade 11,872 $97,328 11.2% $535,200
Four Corners 5,791 $100,917 6.3% $648,400
Big Sky 2,445 $138,805 4.7% $1,137,900
Manhattan 2,288 $87,865 2.9% $517,800
King Arthur Park 1,992 $109,106 7.4% N/A
West Yellowstone 1,474 $58,839 13.1% $504,300
Churchill 1,167 $108,281 6.3% $690,600
Ponderosa Pines 950 $73,681 18.0% N/A
Gallatin Gateway 933 $82,500 9.8% $814,400

Cities Similar to Three Forks

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Townsend1,967$70,752$227,60021.5%15.6%
Frenchtown1,927$94,500$475,50032.2%9.9%
Colstrip2,101$82,500$194,90025.9%9.4%
Columbus2,003$65,250$282,80024.0%11.0%
King Arthur Park1,992$109,106N/A31.8%7.4%

Population Overview

Three Forks is a small community located in Montana, within Gallatin County. The total population is 1,919. It ranks as the 59th most populous out of 475 Census-designated places in Montana.

Age Demographics

The median age in Three Forks is 41.4 years. This is 2% higher than the state median of 40.4 years.

Economy, Income & Housing

The median household income in Three Forks is $79,784. This is 10% higher than the state median of $72,509. It is also 1% lower than the national median of $80,734. The poverty rate stands at 6.2%. This is 46% lower than the state poverty rate of 11.5%. The survey records no unemployed residents in Three Forks, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $395,800. Housing costs are 5% higher than the state median of $375,800. The home-value-to-income ratio is 5.0x. 73.2% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 69.2%.

Race & Ethnicity

Three Forks has a predominantly White (non-Hispanic) population, comprising 95.0% of all residents. Hispanic or Latino residents account for 2.3%. The Asian population is significantly higher than the state average (1.6% vs 0.8%).

Education

21.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% 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 97.7%.

Data Sources & Methodology

All demographic data for Three Forks, 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.

Free data download: Get all Montana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Three Forks, Montana?

Three Forks, Montana has a population of 1,919 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Three Forks, MT?

The median household income in Three Forks is $79,784, which is 1% lower than the national median of $80,734.

What is the poverty rate in Three Forks, MT?

The poverty rate in Three Forks is 6.2%. This means approximately 115 residents live below the federal poverty line.

What is the racial makeup of Three Forks, Montana?

Three Forks's population is 95.0% White, 0.0% Black, 2.3% Hispanic/Latino, and 1.6% Asian.

What is the median home value in Three Forks, MT?

The median home value in Three Forks is $395,800. The home-value-to-income ratio is 5.0x.

How educated is Three Forks, Montana?

21.0% of adults (25+) in Three Forks hold a bachelor's degree or higher, and 0.8% hold a graduate or professional degree.