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US City Data

Charlo, MT

Population 344 · Montana

Population
344
Median Income
$39,107
Median Home Value
$162,500
Median Rent
$833/mo

About Charlo, MT

Charlo is a small community in Montana with a population of 344 residents. The median household income is $39,107 per year, which is below the national average. The median age in Charlo is 45.5 years.

Housing in Charlo has a median home value of $162,500 and median monthly rent of $833. Of the 172 total housing units, the majority are owner-occupied, with 93 owner-occupied and 56 renter-occupied units.

The unemployment rate in Charlo is 3.6% and the poverty rate is 14.0%. 16.7% of residents hold a bachelor's degree or higher. The average commute time is 30.6 minutes.

Cost of Living in Charlo, MT

Compared to national averages, Charlo has a median household income of $39,107 (48% below the national median of $75,149). Home values average $162,500, which is 34% below the national median. Monthly rent at $833 is 28% below the US average of $1,163. Within Montana, Charlo's income is 41% below the state average of $65,821, and home values are 44% below the state median of $288,703.

Income vs National
$39,107
National: $75,149
Montana: $65,821
Home Value vs National
$162,500
National: $244,900
Montana: $288,703
Rent vs National
$833
National: $1,163
Montana: $854
Unemployment vs National
3.6%
National: 3.7%
Montana: 9%

Why Live in Charlo, MT?

Charlo offers affordable housing with a median home value of $162,500, below the US average of $244,900, and rent that’s lower than the national average at $833/month, and a strong job market with an unemployment rate of just 3.6%.

Potential considerations include median household income ($39,107) that falls below the national average. However, Charlo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Charlo has a population of 344 with a median age of 45.5 years. Compare Charlo with other cities to see how it stacks up, or explore all cities in Montana.

Similar Cities Near Charlo

Cities in Montana with a similar population size.

CityPopulationMedian IncomeHome Value
St. Regis344$50,833$186,100Compare
Frazer346$33,750$28,200Compare
Trout Creek340$62,162$226,400Compare
Parker School357$43,000$42,800Compare
Basin360$49,167$228,600Compare
Simms326$95,938$193,900Compare
Rudyard363$86,250$93,800Compare
Clyde Park364$57,813$237,500Compare

Demographics

45.5
Median Age
171
Male
173
Female
1.7%
Foreign Born

Racial & Ethnic Composition

White2.3Hispanic/Latino14.8Black0Asian2.9Two or More1.2

Economy & Education

3.6%
Unemployment Rate
14%
Poverty Rate
16.7%
Bachelor's Degree+
30.6 min
Avg Commute

Housing

172
Total Housing Units
93
Owner Occupied
56
Renter Occupied

Other Cities in Montana

Anaconda Deer Lodge County MontanaButte Silver Bow Balance MontanaMontana CityAbsarokeeActonAlberton

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Charlo With Other Cities

Charlo vs Anaconda Deer Lodge County MontanaCharlo vs Butte Silver Bow Balance MontanaCharlo vs Montana CityCharlo vs Absarokee

Frequently Asked Questions about Charlo

What is the population of Charlo, MT?

The population of Charlo, MT is 344 according to the latest Census data.

What is the median household income in Charlo?

The median household income in Charlo, MT is $39,107 per year.

What is the median home value in Charlo?

The median home value in Charlo, MT is $162,500.

What is the average rent in Charlo?

The median monthly rent in Charlo, MT is $833.

What is the unemployment rate in Charlo?

The unemployment rate in Charlo, MT is 3.6%.

Explore More

Cost of Living in MontanaMost Populated Cities in MontanaCheapest Cities in MontanaHighest Income Cities in MontanaLowest Rent in MontanaBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideCharlo vs AbsarokeeCharlo vs ActonCharlo vs Alberton