Cut Bank, MT
Population 3,040 · Montana
About Cut Bank, MT
Cut Bank is a small community in Montana with a population of 3,040 residents. The median household income is $55,848 per year, which is near the national average. The median age in Cut Bank is 40.2 years.
Housing in Cut Bank has a median home value of $161,400 and median monthly rent of $921. Of the 1,382 total housing units, the majority are owner-occupied, with 842 owner-occupied and 315 renter-occupied units.
The unemployment rate in Cut Bank is 2.2% and the poverty rate is 22.3%. 19.2% of residents hold a bachelor's degree or higher. The average commute time is 12.5 minutes.
How Cut Bank Ranks in Montana
Cost of Living in Cut Bank, MT
Compared to national averages, Cut Bank has a median household income of $55,848 (26% below the national median of $75,149). Home values average $161,400, which is 34% below the national median. Monthly rent at $921 is 21% below the US average of $1,163. Within Montana, Cut Bank's income is 15% below the state average of $65,821, and home values are 44% below the state median of $288,703.
Why Live in Cut Bank, MT?
Cut Bank offers affordable housing with a median home value of $161,400, below the US average of $244,900, and rent that’s lower than the national average at $921/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features short commute times averaging just 12.5 minutes.
Potential considerations include median household income ($55,848) that falls below the national average. However, Cut Bank’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cut Bank has a population of 3,040 with a median age of 40.2 years. Compare Cut Bank with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Cut Bank
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Deer Lodge | 3,035 | $53,676 | $196,400 | Compare |
| Shelby | 3,129 | $53,357 | $206,000 | Compare |
| Libby | 2,948 | $39,261 | $218,500 | Compare |
| Montana City | 2,899 | $125,223 | $519,100 | Compare |
| North Browning | 2,894 | $40,813 | $131,300 | Compare |
| Glasgow | 3,194 | $76,985 | $206,000 | Compare |
| Lakeside | 2,730 | $83,958 | $589,500 | Compare |
| Wolf Point | 2,604 | $48,750 | $124,600 | 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 Cut Bank
What is the population of Cut Bank, MT?
The population of Cut Bank, MT is 3,040 according to the latest Census data.
What is the median household income in Cut Bank?
The median household income in Cut Bank, MT is $55,848 per year.
What is the median home value in Cut Bank?
The median home value in Cut Bank, MT is $161,400.
What is the average rent in Cut Bank?
The median monthly rent in Cut Bank, MT is $921.
What is the unemployment rate in Cut Bank?
The unemployment rate in Cut Bank, MT is 2.2%.