Park City, MT
Population 934 · Montana
About Park City, MT
Park City is a small community located in Montana with a population of 934 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,750 per year, which is 2% below the national median of $75,149. The median age of 34.6 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 Park City features a median home value of $228,700, which is 7% below the national median of $244,900. This positions Park City in a moderately priced market relative to the rest of the country. Median monthly rent is $1,091, 6% below the national average of $1,163/month. Of the 400 total housing units, 68% are owner-occupied (236 units) and 32% are renter-occupied (111 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Park City shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Park City have an average one-way commute time of 25.5 minutes.
Education & Demographics
11.9% of Park City 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 0.5% White, 4.1% 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 Park City, MT
Compared to national averages, Park City has a median household income of $73,750 (2% below the national median of $75,149). Home values average $228,700, which is 7% below the national median. Monthly rent at $1,091 is 6% below the US average of $1,163. Within Montana, Park City's income is 12% above the state average of $65,821, and home values are 21% below the state median of $288,703.
Why Live in Park City, MT?
Park City offers affordable housing with a median home value of $228,700, below the US average of $244,900, and rent that’s lower than the national average at $1,091/month, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features a low poverty rate of 5.3%, better than the national average.
Potential considerations include median household income ($73,750) that falls below the national average. However, Park City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Park City has a population of 934 with a median age of 34.6 years. Compare Park City with other cities to see how it stacks up, or explore all cities in Montana.
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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 Park City
What is the population of Park City, MT?
The population of Park City, MT is 934 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 Park City?
The median household income in Park City, MT is $73,750 per year, which is 2% below the national median of $75,149.
What is the median home value in Park City?
The median home value in Park City, MT is $228,700, which is 7% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Park City?
The median monthly rent in Park City, MT is $1,091, which is 6% below the national average of $1,163/month.
What is the unemployment rate in Park City?
The unemployment rate in Park City, MT is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Park City, MT a good place to live?
Park City offers a moderate cost of living, affordable housing, and a strong job market. With a population of 934 and a median age of 34.6, the city appeals to young professionals and families.
How educated is Park City, MT?
11.9% of residents in Park City 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 Park City?
Key cost-of-living indicators for Park City, MT: median home value is $228,700 (7% below national), median rent is $1,091/month, and median household income is $73,750. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Park City?
The poverty rate in Park City, MT is 5.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Park City, MT?
Park City's population is 0.5% White, 4.1% 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.