Homestead, MT
Population 13 · Montana
About Homestead, MT
Homestead is a small community located in Montana with a population of 13 residents according to the latest US Census Bureau American Community Survey data. The median household income is $151,250 per year, which is 101% above the national median of $75,149. The median age of 62.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Homestead features a median home value of $162,500, which is 34% below the national median of $244,900. This positions Homestead in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 19 total housing units, 100% are owner-occupied (7 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Homestead shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Homestead have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
46.2% of Homestead residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Homestead Ranks in Montana
Cost of Living in Homestead, MT
Compared to national averages, Homestead has a median household income of $151,250 (101% above the national median of $75,149). Home values average $162,500, which is 34% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Homestead's income is 130% above the state average of $65,821, and home values are 44% below the state median of $288,703.
Why Live in Homestead, MT?
Homestead offers a strong local economy with a median household income of $151,250, well above the national average, and affordable housing with a median home value of $162,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 46.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Homestead has a population of 13 with a median age of 62.1 years. Compare Homestead with other cities to see how it stacks up, or explore all cities in Montana.
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Demographics
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Economy & Education
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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 Homestead
What is the population of Homestead, MT?
The population of Homestead, MT is 13 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 Homestead?
The median household income in Homestead, MT is $151,250 per year, which is 101% above the national median of $75,149.
What is the median home value in Homestead?
The median home value in Homestead, MT is $162,500, which is 34% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Homestead?
The median monthly rent in Homestead, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Homestead?
The unemployment rate in Homestead, MT is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Homestead, MT a good place to live?
Homestead offers above-average incomes, affordable housing, and a strong job market. With a population of 13 and a median age of 62.1, the city appeals to established professionals and retirees.
How educated is Homestead, MT?
46.2% of residents in Homestead aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Homestead?
Key cost-of-living indicators for Homestead, MT: median home value is $162,500 (34% below national), median rent is $0/month, and median household income is $151,250. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Homestead?
The poverty rate in Homestead, MT is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Homestead, MT?
Homestead's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.