Busby, MT
Population 483 · Montana
About Busby, MT
Busby is a small community located in Montana with a population of 483 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,222 per year, which is 17% below the national median of $75,149. The median age of 35.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Busby features a median home value of $96,200, which is 61% below the national median of $244,900. This makes Busby one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $340, 71% below the national average of $1,163/month. Of the 189 total housing units, 63% are owner-occupied (86 units) and 37% are renter-occupied (50 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Busby shows an unemployment rate of 18.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.1%, above the national average of 12.4%. Workers in Busby have an average one-way commute time of 18.5 minutes, one of the shorter commutes in the region.
Education & Demographics
28.4% of Busby 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 6.8% White, 94.2% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 0.0% of the population being foreign-born.
How Busby Ranks in Montana
Cost of Living in Busby, MT
Compared to national averages, Busby has a median household income of $62,222 (17% below the national median of $75,149). Home values average $96,200, which is 61% below the national median. Monthly rent at $340 is 71% below the US average of $1,163. Within Montana, Busby's income is 5% below the state average of $65,821, and home values are 67% below the state median of $288,703.
Why Live in Busby, MT?
Busby offers affordable housing with a median home value of $96,200, below the US average of $244,900, and rent that’s lower than the national average at $340/month, and short commute times averaging just 18.5 minutes.
Potential considerations include median household income ($62,222) that falls below the national average. However, Busby’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Busby has a population of 483 with a median age of 35.4 years. Compare Busby with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Busby
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lewistown Heights | 484 | $86,930 | $277,300 | Compare |
| Evaro | 479 | $68,977 | $415,200 | Compare |
| The Silos | 474 | $54,245 | $390,000 | Compare |
| Brockton | 497 | $0 | $69,000 | Compare |
| Carlton | 497 | $81,648 | $626,400 | Compare |
| Lodge Grass | 499 | $50,000 | $0 | Compare |
| St. Pierre | 467 | $34,141 | $0 | Compare |
| Heart Butte | 504 | $28,977 | $48,800 | 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 Busby With Other Cities
Frequently Asked Questions about Busby
What is the population of Busby, MT?
The population of Busby, MT is 483 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 Busby?
The median household income in Busby, MT is $62,222 per year, which is 17% below the national median of $75,149.
What is the median home value in Busby?
The median home value in Busby, MT is $96,200, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Busby?
The median monthly rent in Busby, MT is $340, which is 71% below the national average of $1,163/month.
What is the unemployment rate in Busby?
The unemployment rate in Busby, MT is 18.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Busby, MT a good place to live?
Busby offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 483 and a median age of 35.4, the city appeals to a broad range of residents.
How educated is Busby, MT?
28.4% of residents in Busby 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 Busby?
Key cost-of-living indicators for Busby, MT: median home value is $96,200 (61% below national), median rent is $340/month, and median household income is $62,222. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Busby?
The poverty rate in Busby, MT is 15.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Busby, MT?
Busby's population is 6.8% White, 94.2% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.