Fallon, MT
Population 305 · Montana
About Fallon, MT
Fallon is a small community in Montana with a population of 305 residents. The median household income is $0 per year, which is below the national average. The median age in Fallon is 37.3 years.
Housing in Fallon has a median home value of $217,700 and median monthly rent of $873. Of the 102 total housing units, renting is more common than owning, with 40 owner-occupied and 51 renter-occupied units.
The unemployment rate in Fallon is 0.0% and the poverty rate is 47.5%. 3.1% of residents hold a bachelor's degree or higher. The average commute time is 15.7 minutes.
Cost of Living in Fallon, MT
Compared to national averages, Fallon has a median household income of $0 (100% below the national median of $75,149). Home values average $217,700, which is 11% below the national median. Monthly rent at $873 is 25% below the US average of $1,163. Within Montana, Fallon's income is 100% below the state average of $65,821, and home values are 25% below the state median of $288,703.
Why Live in Fallon, MT?
Fallon offers affordable housing with a median home value of $217,700, below the US average of $244,900, and rent that’s lower than the national average at $873/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 15.7 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Fallon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fallon has a population of 305 with a median age of 37.3 years. Compare Fallon with other cities to see how it stacks up, or explore all cities in Montana.
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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 Fallon
What is the population of Fallon, MT?
The population of Fallon, MT is 305 according to the latest Census data.
What is the median household income in Fallon?
The median household income in Fallon, MT is $0 per year.
What is the median home value in Fallon?
The median home value in Fallon, MT is $217,700.
What is the average rent in Fallon?
The median monthly rent in Fallon, MT is $873.
What is the unemployment rate in Fallon?
The unemployment rate in Fallon, MT is 0.0%.