Conrad, MT
Population 2,553 · Montana
About Conrad, MT
Conrad is a small town located in Montana with a population of 2,553 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,348 per year, which is 37% below the national median of $75,149. The median age of 39.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Conrad features a median home value of $158,400, which is 35% below the national median of $244,900. This positions Conrad in a moderately priced market relative to the rest of the country. Median monthly rent is $888, 24% below the national average of $1,163/month. Of the 1,260 total housing units, 64% are owner-occupied (647 units) and 36% are renter-occupied (357 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Conrad shows an unemployment rate of 6.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 17.9%, above the national average of 12.4%. Workers in Conrad have an average one-way commute time of 12.1 minutes, one of the shorter commutes in the region.
Education & Demographics
21.0% of Conrad residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.9% White, 8.5% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 1.3% of the population being foreign-born.
How Conrad Ranks in Montana
Cost of Living in Conrad, MT
Compared to national averages, Conrad has a median household income of $47,348 (37% below the national median of $75,149). Home values average $158,400, which is 35% below the national median. Monthly rent at $888 is 24% below the US average of $1,163. Within Montana, Conrad's income is 28% below the state average of $65,821, and home values are 45% below the state median of $288,703.
Why Live in Conrad, MT?
Conrad offers affordable housing with a median home value of $158,400, below the US average of $244,900, and rent that’s lower than the national average at $888/month, and short commute times averaging just 12.1 minutes.
Potential considerations include median household income ($47,348) that falls below the national average. However, Conrad’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Conrad has a population of 2,553 with a median age of 39.5 years. Compare Conrad with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Conrad
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wolf Point | 2,604 | $48,750 | $124,600 | Compare |
| Red Lodge | 2,399 | $43,857 | $374,900 | Compare |
| Big Sky | 2,388 | $103,625 | $884,700 | Compare |
| Lakeside | 2,730 | $83,958 | $589,500 | Compare |
| King Arthur Park | 2,343 | $107,341 | $333,500 | Compare |
| Townsend | 2,232 | $70,774 | $212,800 | Compare |
| North Browning | 2,894 | $40,813 | $131,300 | Compare |
| Montana City | 2,899 | $125,223 | $519,100 | 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 Conrad With Other Cities
Frequently Asked Questions about Conrad
What is the population of Conrad, MT?
The population of Conrad, MT is 2,553 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Montana.
What is the median household income in Conrad?
The median household income in Conrad, MT is $47,348 per year, which is 37% below the national median of $75,149.
What is the median home value in Conrad?
The median home value in Conrad, MT is $158,400, which is 35% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Conrad?
The median monthly rent in Conrad, MT is $888, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Conrad?
The unemployment rate in Conrad, MT is 6.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Conrad, MT a good place to live?
Conrad offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,553 and a median age of 39.5, the city appeals to a broad range of residents.
How educated is Conrad, MT?
21.0% of residents in Conrad 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 Conrad?
Key cost-of-living indicators for Conrad, MT: median home value is $158,400 (35% below national), median rent is $888/month, and median household income is $47,348. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Conrad?
The poverty rate in Conrad, MT is 17.9%, 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 Conrad, MT?
Conrad's population is 1.9% White, 8.5% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 0.0% two or more races. 1.3% of residents are foreign-born.