Hamilton, MT
Population 4,949 · Montana
About Hamilton, MT
Hamilton is a small community in Montana with a population of 4,949 residents. The median household income is $52,917 per year, which is near the national average. The median age in Hamilton is 47.7 years.
Housing in Hamilton has a median home value of $299,800 and median monthly rent of $958. Of the 2,849 total housing units, renting is more common than owning, with 1,242 owner-occupied and 1,307 renter-occupied units.
The unemployment rate in Hamilton is 1.9% and the poverty rate is 12.0%. 31.4% of residents hold a bachelor's degree or higher. The average commute time is 11.7 minutes.
How Hamilton Ranks in Montana
Cost of Living in Hamilton, MT
Compared to national averages, Hamilton has a median household income of $52,917 (30% below the national median of $75,149). Home values average $299,800, which is 22% above the national median. Monthly rent at $958 is 18% below the US average of $1,163. Within Montana, Hamilton's income is 20% below the state average of $65,821, and home values are 4% above the state median of $288,703.
Why Live in Hamilton, MT?
Hamilton offers rent that’s lower than the national average at $958/month, and a strong job market with an unemployment rate of just 1.9%, and a low poverty rate of 12.0%, better than the national average. Additionally, the city features short commute times averaging just 11.7 minutes.
Potential considerations include median household income ($52,917) that falls below the national average. However, Hamilton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hamilton has a population of 4,949 with a median age of 47.7 years. Compare Hamilton with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Hamilton
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Glendive | 4,831 | $71,063 | $176,900 | Compare |
| Helena Valley Northwest | 5,070 | $101,278 | $358,600 | Compare |
| Bigfork | 5,249 | $82,648 | $614,300 | Compare |
| Orchard Homes | 5,280 | $68,649 | $473,100 | Compare |
| Polson | 5,334 | $51,463 | $321,000 | Compare |
| Helena Valley Northeast | 4,398 | $137,724 | $462,400 | Compare |
| Lolo | 4,378 | $73,700 | $353,700 | Compare |
| Columbia Falls | 5,531 | $65,313 | $346,700 | 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 Hamilton
What is the population of Hamilton, MT?
The population of Hamilton, MT is 4,949 according to the latest Census data.
What is the median household income in Hamilton?
The median household income in Hamilton, MT is $52,917 per year.
What is the median home value in Hamilton?
The median home value in Hamilton, MT is $299,800.
What is the average rent in Hamilton?
The median monthly rent in Hamilton, MT is $958.
What is the unemployment rate in Hamilton?
The unemployment rate in Hamilton, MT is 1.9%.