Ovando, MT
Population 47 · Montana
About Ovando, MT
Ovando is a small community located in Montana with a population of 47 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,167 per year, which is 21% below the national median of $75,149. The median age of 62.9 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 Ovando features a median home value of $425,000, which is 74% above the national median of $244,900. This places Ovando in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 43 total housing units, 70% are owner-occupied (21 units) and 30% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ovando 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 Ovando have an average one-way commute time of 24.3 minutes.
Education & Demographics
41.3% of Ovando residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. 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.
Cost of Living in Ovando, MT
Compared to national averages, Ovando has a median household income of $59,167 (21% below the national median of $75,149). Home values average $425,000, which is 74% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Ovando's income is 10% below the state average of $65,821, and home values are 47% above the state median of $288,703.
Why Live in Ovando, MT?
Ovando offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 41.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 24.3 minutes.
Potential considerations include median household income ($59,167) that falls below the national average, and a competitive housing market where the typical home costs $425,000. However, Ovando’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ovando has a population of 47 with a median age of 62.9 years. Compare Ovando with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Ovando
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Coffee Creek | 47 | $0 | $0 | Compare |
| Craig | 47 | $94,286 | $354,500 | Compare |
| North Harlem Colony | 47 | $170,625 | $0 | Compare |
| Outlook | 47 | $50,313 | $103,100 | Compare |
| Pondera Colony | 47 | $0 | $0 | Compare |
| Turner | 46 | $41,875 | $56,700 | Compare |
| Cascade Colony | 49 | $0 | $0 | Compare |
| Elkhorn | 49 | $0 | $0 | 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.
Compare Ovando With Other Cities
Frequently Asked Questions about Ovando
What is the population of Ovando, MT?
The population of Ovando, MT is 47 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 Ovando?
The median household income in Ovando, MT is $59,167 per year, which is 21% below the national median of $75,149.
What is the median home value in Ovando?
The median home value in Ovando, MT is $425,000, which is 74% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ovando?
The median monthly rent in Ovando, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ovando?
The unemployment rate in Ovando, 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 Ovando, MT a good place to live?
Ovando offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 47 and a median age of 62.9, the city appeals to established professionals and retirees.
How educated is Ovando, MT?
41.3% of residents in Ovando 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 Ovando?
Key cost-of-living indicators for Ovando, MT: median home value is $425,000 (74% above national), median rent is $0/month, and median household income is $59,167. The home-value-to-income ratio is 7.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Ovando?
The poverty rate in Ovando, 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 Ovando, MT?
Ovando'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.