Frazer, MT
Population 346 · Montana
About Frazer, MT
Frazer is a small community located in Montana with a population of 346 residents according to the latest US Census Bureau American Community Survey data. The median household income is $33,750 per year, which is 55% below the national median of $75,149. The median age of 23.2 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 Frazer features a median home value of $28,200, which is 88% below the national median of $244,900. This makes Frazer one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $331, 72% below the national average of $1,163/month. Of the 73 total housing units, 52% are owner-occupied (31 units) and 48% are renter-occupied (29 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Frazer shows an unemployment rate of 38.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 39.1%, above the national average of 12.4%. Workers in Frazer have an average one-way commute time of 32.3 minutes.
Education & Demographics
13.9% of Frazer 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 0.0% White, 96.0% Hispanic or Latino, 2.0% Black or African American, and 0.0% Asian residents, with 1.4% of the population being foreign-born.
How Frazer Ranks in Montana
Cost of Living in Frazer, MT
Compared to national averages, Frazer has a median household income of $33,750 (55% below the national median of $75,149). Home values average $28,200, which is 88% below the national median. Monthly rent at $331 is 72% below the US average of $1,163. Within Montana, Frazer's income is 49% below the state average of $65,821, and home values are 90% below the state median of $288,703.
Why Live in Frazer, MT?
Frazer offers affordable housing with a median home value of $28,200, below the US average of $244,900, and rent that’s lower than the national average at $331/month.
Potential considerations include median household income ($33,750) that falls below the national average. However, Frazer’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Frazer has a population of 346 with a median age of 23.2 years. Compare Frazer with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Frazer
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Charlo | 344 | $39,107 | $162,500 | Compare |
| St. Regis | 344 | $50,833 | $186,100 | Compare |
| Trout Creek | 340 | $62,162 | $226,400 | Compare |
| Parker School | 357 | $43,000 | $42,800 | Compare |
| Basin | 360 | $49,167 | $228,600 | Compare |
| Rudyard | 363 | $86,250 | $93,800 | Compare |
| Clyde Park | 364 | $57,813 | $237,500 | Compare |
| Beaver Creek | 365 | $95,813 | $265,600 | 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.
Compare Frazer With Other Cities
Frequently Asked Questions about Frazer
What is the population of Frazer, MT?
The population of Frazer, MT is 346 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 Frazer?
The median household income in Frazer, MT is $33,750 per year, which is 55% below the national median of $75,149.
What is the median home value in Frazer?
The median home value in Frazer, MT is $28,200, which is 88% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Frazer?
The median monthly rent in Frazer, MT is $331, which is 72% below the national average of $1,163/month.
What is the unemployment rate in Frazer?
The unemployment rate in Frazer, MT is 38.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Frazer, MT a good place to live?
Frazer offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 346 and a median age of 23.2, the city appeals to young professionals and families.
How educated is Frazer, MT?
13.9% of residents in Frazer 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 Frazer?
Key cost-of-living indicators for Frazer, MT: median home value is $28,200 (88% below national), median rent is $331/month, and median household income is $33,750. The home-value-to-income ratio is 0.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Frazer?
The poverty rate in Frazer, MT is 39.1%, 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 Frazer, MT?
Frazer's population is 0.0% White, 96.0% Hispanic or Latino, 2.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.4% of residents are foreign-born.