Philipsburg, MT
Population 1,012 · Montana
About Philipsburg, MT
Philipsburg is a small town located in Montana with a population of 1,012 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,096 per year, which is 47% below the national median of $75,149. The median age of 49.5 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 Philipsburg features a median home value of $304,200, which is 24% above the national median of $244,900. This positions Philipsburg in a moderately priced market relative to the rest of the country. Median monthly rent is $871, 25% below the national average of $1,163/month. Of the 567 total housing units, 52% are owner-occupied (219 units) and 48% are renter-occupied (206 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Philipsburg shows an unemployment rate of 13.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.4%, above the national average of 12.4%. Workers in Philipsburg have an average one-way commute time of 24.5 minutes.
Education & Demographics
33.0% of Philipsburg 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 0.1% White, 9.2% Hispanic or Latino, 0.0% Black or African American, and 5.1% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Philipsburg, MT
Compared to national averages, Philipsburg has a median household income of $40,096 (47% below the national median of $75,149). Home values average $304,200, which is 24% above the national median. Monthly rent at $871 is 25% below the US average of $1,163. Within Montana, Philipsburg's income is 39% below the state average of $65,821, and home values are 5% above the state median of $288,703.
Why Live in Philipsburg, MT?
Philipsburg offers rent that’s lower than the national average at $871/month, and short commute times averaging just 24.5 minutes.
Potential considerations include median household income ($40,096) that falls below the national average. However, Philipsburg’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Philipsburg has a population of 1,012 with a median age of 49.5 years. Compare Philipsburg with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Philipsburg
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Helena Flats | 1,014 | $88,125 | $544,900 | Compare |
| Pray | 1,018 | $102,143 | $601,400 | Compare |
| Absarokee | 998 | $57,212 | $258,100 | Compare |
| Superior | 995 | $43,750 | $260,300 | Compare |
| Florence | 993 | $97,850 | $460,000 | Compare |
| Browning | 990 | $34,318 | $121,100 | Compare |
| St. Ignatius | 1,053 | $50,781 | $194,200 | Compare |
| Harlowton | 1,054 | $53,750 | $178,800 | 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 Philipsburg With Other Cities
Frequently Asked Questions about Philipsburg
What is the population of Philipsburg, MT?
The population of Philipsburg, MT is 1,012 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Montana.
What is the median household income in Philipsburg?
The median household income in Philipsburg, MT is $40,096 per year, which is 47% below the national median of $75,149.
What is the median home value in Philipsburg?
The median home value in Philipsburg, MT is $304,200, which is 24% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Philipsburg?
The median monthly rent in Philipsburg, MT is $871, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Philipsburg?
The unemployment rate in Philipsburg, MT is 13.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Philipsburg, MT a good place to live?
Philipsburg offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 1,012 and a median age of 49.5, the city appeals to established professionals and retirees.
How educated is Philipsburg, MT?
33.0% of residents in Philipsburg 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 Philipsburg?
Key cost-of-living indicators for Philipsburg, MT: median home value is $304,200 (24% above national), median rent is $871/month, and median household income is $40,096. The home-value-to-income ratio is 7.6x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Philipsburg?
The poverty rate in Philipsburg, MT is 14.4%, 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 Philipsburg, MT?
Philipsburg's population is 0.1% White, 9.2% Hispanic or Latino, 0.0% Black or African American, 5.1% Asian, and 0.0% two or more races. 0.7% of residents are foreign-born.