New Miami Colony, MT
Population 309 · Montana
About New Miami Colony, MT
New Miami Colony 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 $2,499 per year, which is 97% below the national median of $75,149. The median age of 20.8 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 New Miami Colony features a median home value of $230,000, which is 6% below the national median of $244,900. This positions New Miami Colony 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 68 total housing units, 44% are owner-occupied (30 units) and 56% are renter-occupied (38 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in New Miami Colony 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 68.6%, above the national average of 12.4%. Workers in New Miami Colony have an average one-way commute time of 14.5 minutes, one of the shorter commutes in the region.
Education & Demographics
2.7% of New Miami Colony 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, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in New Miami Colony, MT
Compared to national averages, New Miami Colony has a median household income of $2,499 (97% below the national median of $75,149). Home values average $230,000, which is 6% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, New Miami Colony's income is 96% below the state average of $65,821, and home values are 20% below the state median of $288,703.
Why Live in New Miami Colony, MT?
New Miami Colony offers affordable housing with a median home value of $230,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 14.5 minutes.
Potential considerations include median household income ($2,499) that falls below the national average. However, New Miami Colony’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Miami Colony has a population of 309 with a median age of 20.8 years. Compare New Miami Colony 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 New Miami Colony
What is the population of New Miami Colony, MT?
The population of New Miami Colony, 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 New Miami Colony?
The median household income in New Miami Colony, MT is $2,499 per year, which is 97% below the national median of $75,149.
What is the median home value in New Miami Colony?
The median home value in New Miami Colony, MT is $230,000, which is 6% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in New Miami Colony?
The median monthly rent in New Miami Colony, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in New Miami Colony?
The unemployment rate in New Miami Colony, 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 New Miami Colony, MT a good place to live?
New Miami Colony offers a moderate cost of living, affordable housing, and a strong job market. With a population of 309 and a median age of 20.8, the city appeals to young professionals and families.
How educated is New Miami Colony, MT?
2.7% of residents in New Miami Colony 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 New Miami Colony?
Key cost-of-living indicators for New Miami Colony, MT: median home value is $230,000 (6% below national), median rent is $0/month, and median household income is $2,499. The home-value-to-income ratio is 92.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in New Miami Colony?
The poverty rate in New Miami Colony, MT is 68.6%, 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 New Miami Colony, MT?
New Miami Colony's population is 0.0% White, 1.9% 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.