Colstrip, MT
Population 2,156 · Montana
About Colstrip, MT
Colstrip is a small community in Montana with a population of 2,156 residents. The median household income is $86,000 per year, which is above the national average. The median age in Colstrip is 43.5 years.
Housing in Colstrip has a median home value of $193,700 and median monthly rent of $632. Of the 980 total housing units, the majority are owner-occupied, with 716 owner-occupied and 170 renter-occupied units.
The unemployment rate in Colstrip is 6.5% and the poverty rate is 9.1%. 25.2% of residents hold a bachelor's degree or higher. The average commute time is 10.8 minutes.
How Colstrip Ranks in Montana
Cost of Living in Colstrip, MT
Compared to national averages, Colstrip has a median household income of $86,000 (14% above the national median of $75,149). Home values average $193,700, which is 21% below the national median. Monthly rent at $632 is 46% below the US average of $1,163. Within Montana, Colstrip's income is 31% above the state average of $65,821, and home values are 33% below the state median of $288,703.
Why Live in Colstrip, MT?
Colstrip offers a strong local economy with a median household income of $86,000, well above the national average, and affordable housing with a median home value of $193,700, below the US average of $244,900, and rent that’s lower than the national average at $632/month. Additionally, the city features a low poverty rate of 9.1%, better than the national average, and short commute times averaging just 10.8 minutes.
Colstrip has a population of 2,156 with a median age of 43.5 years. Compare Colstrip with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Colstrip
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Manhattan | 2,149 | $69,671 | $460,400 | Compare |
| Stevensville | 2,172 | $52,745 | $336,500 | Compare |
| Crow Agency | 2,110 | $49,333 | $88,500 | Compare |
| Townsend | 2,232 | $70,774 | $212,800 | Compare |
| East Missoula | 2,072 | $65,541 | $323,900 | Compare |
| Three Forks | 2,034 | $80,394 | $382,400 | Compare |
| Eureka | 2,009 | $43,750 | $172,300 | Compare |
| King Arthur Park | 2,343 | $107,341 | $333,500 | 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.
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Frequently Asked Questions about Colstrip
What is the population of Colstrip, MT?
The population of Colstrip, MT is 2,156 according to the latest Census data.
What is the median household income in Colstrip?
The median household income in Colstrip, MT is $86,000 per year.
What is the median home value in Colstrip?
The median home value in Colstrip, MT is $193,700.
What is the average rent in Colstrip?
The median monthly rent in Colstrip, MT is $632.
What is the unemployment rate in Colstrip?
The unemployment rate in Colstrip, MT is 6.5%.