Nashua, MT
Population 309 · Montana
About Nashua, MT
Nashua is a small community located in Montana with a population of 309 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,500 per year, which is 4% below the national median of $75,149. The median age of 46 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 Nashua features a median home value of $140,300, which is 43% below the national median of $244,900. This makes Nashua one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $675, 42% below the national average of $1,163/month. Of the 178 total housing units, 84% are owner-occupied (107 units) and 16% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Nashua shows an unemployment rate of 8.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.8%, above the national average of 12.4%. Workers in Nashua have an average one-way commute time of 20 minutes.
Education & Demographics
22.2% of Nashua 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 5.5% White, 11.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.3% of the population being foreign-born.
How Nashua Ranks in Montana
Cost of Living in Nashua, MT
Compared to national averages, Nashua has a median household income of $72,500 (4% below the national median of $75,149). Home values average $140,300, which is 43% below the national median. Monthly rent at $675 is 42% below the US average of $1,163. Within Montana, Nashua's income is 10% above the state average of $65,821, and home values are 51% below the state median of $288,703.
Why Live in Nashua, MT?
Nashua offers affordable housing with a median home value of $140,300, below the US average of $244,900, and rent that’s lower than the national average at $675/month, and short commute times averaging just 20 minutes.
Potential considerations include median household income ($72,500) that falls below the national average. However, Nashua’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nashua has a population of 309 with a median age of 46 years. Compare Nashua with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Nashua
Cities in Montana with a similar population size.
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 Nashua
What is the population of Nashua, MT?
The population of Nashua, MT is 309 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 Nashua?
The median household income in Nashua, MT is $72,500 per year, which is 4% below the national median of $75,149.
What is the median home value in Nashua?
The median home value in Nashua, MT is $140,300, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Nashua?
The median monthly rent in Nashua, MT is $675, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Nashua?
The unemployment rate in Nashua, MT is 8.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Nashua, MT a good place to live?
Nashua offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 309 and a median age of 46, the city appeals to established professionals and retirees.
How educated is Nashua, MT?
22.2% of residents in Nashua 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 Nashua?
Key cost-of-living indicators for Nashua, MT: median home value is $140,300 (43% below national), median rent is $675/month, and median household income is $72,500. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Nashua?
The poverty rate in Nashua, MT is 18.8%, 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 Nashua, MT?
Nashua's population is 5.5% White, 11.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.3% of residents are foreign-born.