Savage, MT
Population 244 · Montana
About Savage, MT
Savage is a small community located in Montana with a population of 244 residents according to the latest US Census Bureau American Community Survey data. The median household income is $87,083 per year, which is 16% above the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Savage features a median home value of $225,000, which is 8% below the national median of $244,900. This positions Savage in a moderately priced market relative to the rest of the country. Median monthly rent is $667, 43% below the national average of $1,163/month. Of the 192 total housing units, 53% are owner-occupied (76 units) and 47% are renter-occupied (67 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Savage shows an unemployment rate of 6.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Savage have an average one-way commute time of 30.2 minutes.
Education & Demographics
21.9% of Savage 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 1.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.3% of the population being foreign-born.
How Savage Ranks in Montana
Cost of Living in Savage, MT
Compared to national averages, Savage has a median household income of $87,083 (16% above the national median of $75,149). Home values average $225,000, which is 8% below the national median. Monthly rent at $667 is 43% below the US average of $1,163. Within Montana, Savage's income is 32% above the state average of $65,821, and home values are 22% below the state median of $288,703.
Why Live in Savage, MT?
Savage offers a strong local economy with a median household income of $87,083, well above the national average, and affordable housing with a median home value of $225,000, below the US average of $244,900, and rent that’s lower than the national average at $667/month. Additionally, the city features a low poverty rate of 9.8%, better than the national average.
Savage has a population of 244 with a median age of 40.5 years. Compare Savage 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 Savage
What is the population of Savage, MT?
The population of Savage, MT is 244 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 Savage?
The median household income in Savage, MT is $87,083 per year, which is 16% above the national median of $75,149.
What is the median home value in Savage?
The median home value in Savage, MT is $225,000, which is 8% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Savage?
The median monthly rent in Savage, MT is $667, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Savage?
The unemployment rate in Savage, MT is 6.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Savage, MT a good place to live?
Savage offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 244 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Savage, MT?
21.9% of residents in Savage 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 Savage?
Key cost-of-living indicators for Savage, MT: median home value is $225,000 (8% below national), median rent is $667/month, and median household income is $87,083. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Savage?
The poverty rate in Savage, MT is 9.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Savage, MT?
Savage's population is 1.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.3% of residents are foreign-born.