Hysham, MT
Population 300 · Montana
About Hysham, MT
Hysham is a small community located in Montana with a population of 300 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,000 per year, which is 39% below the national median of $75,149. The median age of 43 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 Hysham features a median home value of $117,500, which is 52% below the national median of $244,900. This makes Hysham one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $594, 49% below the national average of $1,163/month. Of the 179 total housing units, 64% are owner-occupied (95 units) and 36% are renter-occupied (53 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Hysham shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 18.0%, above the national average of 12.4%. Workers in Hysham have an average one-way commute time of 25.3 minutes.
Education & Demographics
15.1% of Hysham 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 7.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 3.3% of the population being foreign-born.
How Hysham Ranks in Montana
Cost of Living in Hysham, MT
Compared to national averages, Hysham has a median household income of $46,000 (39% below the national median of $75,149). Home values average $117,500, which is 52% below the national median. Monthly rent at $594 is 49% below the US average of $1,163. Within Montana, Hysham's income is 30% below the state average of $65,821, and home values are 59% below the state median of $288,703.
Why Live in Hysham, MT?
Hysham offers affordable housing with a median home value of $117,500, below the US average of $244,900, and rent that’s lower than the national average at $594/month, and a strong job market with an unemployment rate of just 3.2%.
Potential considerations include median household income ($46,000) that falls below the national average. However, Hysham’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hysham has a population of 300 with a median age of 43 years. Compare Hysham 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 Hysham
What is the population of Hysham, MT?
The population of Hysham, MT is 300 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 Hysham?
The median household income in Hysham, MT is $46,000 per year, which is 39% below the national median of $75,149.
What is the median home value in Hysham?
The median home value in Hysham, MT is $117,500, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hysham?
The median monthly rent in Hysham, MT is $594, which is 49% below the national average of $1,163/month.
What is the unemployment rate in Hysham?
The unemployment rate in Hysham, MT is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hysham, MT a good place to live?
Hysham offers a moderate cost of living, affordable housing, and a strong job market. With a population of 300 and a median age of 43, the city appeals to a broad range of residents.
How educated is Hysham, MT?
15.1% of residents in Hysham 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 Hysham?
Key cost-of-living indicators for Hysham, MT: median home value is $117,500 (52% below national), median rent is $594/month, and median household income is $46,000. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hysham?
The poverty rate in Hysham, MT is 18.0%, 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 Hysham, MT?
Hysham's population is 7.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 0.0% two or more races. 3.3% of residents are foreign-born.