Forsyth, MT
Population 1,682 · Montana
About Forsyth, MT
Forsyth is a small town located in Montana with a population of 1,682 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,375 per year, which is 22% below the national median of $75,149. The median age of 34.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Forsyth features a median home value of $185,100, which is 24% below the national median of $244,900. This positions Forsyth in a moderately priced market relative to the rest of the country. Median monthly rent is $743, 36% below the national average of $1,163/month. Of the 817 total housing units, 69% are owner-occupied (473 units) and 31% are renter-occupied (216 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Forsyth shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Forsyth have an average one-way commute time of 19.4 minutes, one of the shorter commutes in the region.
Education & Demographics
16.8% of Forsyth 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 2.1% White, 3.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Forsyth, MT
Compared to national averages, Forsyth has a median household income of $58,375 (22% below the national median of $75,149). Home values average $185,100, which is 24% below the national median. Monthly rent at $743 is 36% below the US average of $1,163. Within Montana, Forsyth's income is 11% below the state average of $65,821, and home values are 36% below the state median of $288,703.
Why Live in Forsyth, MT?
Forsyth offers affordable housing with a median home value of $185,100, below the US average of $244,900, and rent that’s lower than the national average at $743/month, and a strong job market with an unemployment rate of just 2.4%. Additionally, the city features a low poverty rate of 10.1%, better than the national average, and short commute times averaging just 19.4 minutes.
Potential considerations include median household income ($58,375) that falls below the national average. However, Forsyth’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Forsyth has a population of 1,682 with a median age of 34.9 years. Compare Forsyth with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Forsyth
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Plentywood | 1,677 | $62,163 | $148,800 | Compare |
| Choteau | 1,719 | $53,929 | $194,900 | Compare |
| Clancy | 1,729 | $116,800 | $443,500 | Compare |
| Frenchtown | 1,629 | $90,767 | $391,600 | Compare |
| Helena West Side | 1,584 | $67,692 | $411,800 | Compare |
| Thompson Falls | 1,568 | $53,203 | $182,200 | Compare |
| Pablo | 1,808 | $38,430 | $255,200 | Compare |
| Baker | 1,535 | $78,971 | $198,800 | 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 Forsyth With Other Cities
Frequently Asked Questions about Forsyth
What is the population of Forsyth, MT?
The population of Forsyth, MT is 1,682 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 Forsyth?
The median household income in Forsyth, MT is $58,375 per year, which is 22% below the national median of $75,149.
What is the median home value in Forsyth?
The median home value in Forsyth, MT is $185,100, which is 24% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Forsyth?
The median monthly rent in Forsyth, MT is $743, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Forsyth?
The unemployment rate in Forsyth, MT is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Forsyth, MT a good place to live?
Forsyth offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,682 and a median age of 34.9, the city appeals to young professionals and families.
How educated is Forsyth, MT?
16.8% of residents in Forsyth 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 Forsyth?
Key cost-of-living indicators for Forsyth, MT: median home value is $185,100 (24% below national), median rent is $743/month, and median household income is $58,375. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Forsyth?
The poverty rate in Forsyth, MT is 10.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Forsyth, MT?
Forsyth's population is 2.1% White, 3.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.4% of residents are foreign-born.