Basin, MT
Population 360 · Montana
About Basin, MT
Basin is a small community located in Montana with a population of 360 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,167 per year, which is 35% below the national median of $75,149. The median age of 54.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Basin features a median home value of $228,600, which is 7% below the national median of $244,900. This positions Basin in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 168 total housing units, 83% are owner-occupied (128 units) and 17% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Basin shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Basin have an average one-way commute time of 43.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
28.0% of Basin residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.4% White, 0.0% Hispanic or Latino, 2.2% Black or African American, and 0.0% Asian residents, with 5.6% of the population being foreign-born.
Cost of Living in Basin, MT
Compared to national averages, Basin has a median household income of $49,167 (35% below the national median of $75,149). Home values average $228,600, which is 7% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Basin's income is 25% below the state average of $65,821, and home values are 21% below the state median of $288,703.
Why Live in Basin, MT?
Basin offers affordable housing with a median home value of $228,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 4.5%, better than the national average.
Potential considerations include median household income ($49,167) that falls below the national average. However, Basin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Basin has a population of 360 with a median age of 54.1 years. Compare Basin with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Basin
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Parker School | 357 | $43,000 | $42,800 | Compare |
| Rudyard | 363 | $86,250 | $93,800 | Compare |
| Clyde Park | 364 | $57,813 | $237,500 | Compare |
| Beaver Creek | 365 | $95,813 | $265,600 | Compare |
| Ekalaka | 366 | $45,417 | $118,300 | Compare |
| Kings Point | 373 | $105,000 | $1,503,900 | Compare |
| Rader Creek | 373 | $83,171 | $379,700 | Compare |
| Frazer | 346 | $33,750 | $28,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Montana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Basin With Other Cities
Frequently Asked Questions about Basin
What is the population of Basin, MT?
The population of Basin, MT is 360 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Montana.
What is the median household income in Basin?
The median household income in Basin, MT is $49,167 per year, which is 35% below the national median of $75,149.
What is the median home value in Basin?
The median home value in Basin, MT is $228,600, which is 7% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Basin?
The median monthly rent in Basin, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Basin?
The unemployment rate in Basin, MT is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Basin, MT a good place to live?
Basin offers a moderate cost of living, affordable housing, and a strong job market. With a population of 360 and a median age of 54.1, the city appeals to established professionals and retirees.
How educated is Basin, MT?
28.0% of residents in Basin aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Basin?
Key cost-of-living indicators for Basin, MT: median home value is $228,600 (7% below national), median rent is $0/month, and median household income is $49,167. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Basin?
The poverty rate in Basin, MT is 4.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Basin, MT?
Basin's population is 1.4% White, 0.0% Hispanic or Latino, 2.2% Black or African American, 0.0% Asian, and 0.8% two or more races. 5.6% of residents are foreign-born.