Craig, MT
Population 47 · Montana
About Craig, MT
Craig is a small community located in Montana with a population of 47 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,286 per year, which is 25% above the national median of $75,149. The median age of 59.3 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 Craig features a median home value of $354,500, which is 45% above the national median of $244,900. This positions Craig 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 40 total housing units, 91% are owner-occupied (20 units) and 9% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Craig 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Craig have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
25.6% of Craig 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 0.0% White, 12.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Craig Ranks in Montana
Cost of Living in Craig, MT
Compared to national averages, Craig has a median household income of $94,286 (25% above the national median of $75,149). Home values average $354,500, which is 45% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Craig's income is 43% above the state average of $65,821, and home values are 23% above the state median of $288,703.
Why Live in Craig, MT?
Craig offers a strong local economy with a median household income of $94,286, well above the national average, 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 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Craig has a population of 47 with a median age of 59.3 years. Compare Craig with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Craig
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Coffee Creek | 47 | $0 | $0 | Compare |
| North Harlem Colony | 47 | $170,625 | $0 | Compare |
| Outlook | 47 | $50,313 | $103,100 | Compare |
| Ovando | 47 | $59,167 | $425,000 | Compare |
| Pondera Colony | 47 | $0 | $0 | Compare |
| Turner | 46 | $41,875 | $56,700 | Compare |
| Cascade Colony | 49 | $0 | $0 | Compare |
| Elkhorn | 49 | $0 | $0 | 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 Craig With Other Cities
Frequently Asked Questions about Craig
What is the population of Craig, MT?
The population of Craig, MT is 47 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 Craig?
The median household income in Craig, MT is $94,286 per year, which is 25% above the national median of $75,149.
What is the median home value in Craig?
The median home value in Craig, MT is $354,500, which is 45% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Craig?
The median monthly rent in Craig, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Craig?
The unemployment rate in Craig, 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 Craig, MT a good place to live?
Craig offers above-average incomes, a competitive housing market, and a strong job market. With a population of 47 and a median age of 59.3, the city appeals to established professionals and retirees.
How educated is Craig, MT?
25.6% of residents in Craig 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 Craig?
Key cost-of-living indicators for Craig, MT: median home value is $354,500 (45% above national), median rent is $0/month, and median household income is $94,286. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Craig?
The poverty rate in Craig, MT is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Craig, MT?
Craig's population is 0.0% White, 12.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.