Shepherd, MT
Population 613 · Montana
About Shepherd, MT
Shepherd is a small community in Montana with a population of 613 residents. The median household income is $0 per year, which is below the national average. The median age in Shepherd is 47.1 years.
Housing in Shepherd has a median home value of $179,700 and median monthly rent of $0. Of the 261 total housing units, the majority are owner-occupied, with 246 owner-occupied and 15 renter-occupied units.
The unemployment rate in Shepherd is 3.4% and the poverty rate is 9.3%. 26.2% of residents hold a bachelor's degree or higher. The average commute time is 27.9 minutes.
Cost of Living in Shepherd, MT
Compared to national averages, Shepherd has a median household income of $0 (100% below the national median of $75,149). Home values average $179,700, which is 27% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Shepherd's income is 100% below the state average of $65,821, and home values are 38% below the state median of $288,703.
Why Live in Shepherd, MT?
Shepherd offers affordable housing with a median home value of $179,700, 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 3.4%. Additionally, the city features a low poverty rate of 9.3%, better than the national average.
Potential considerations include median household income ($0) that falls below the national average. However, Shepherd’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Shepherd has a population of 613 with a median age of 47.1 years. Compare Shepherd with other cities to see how it stacks up, or explore all cities in Montana.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Shepherd
What is the population of Shepherd, MT?
The population of Shepherd, MT is 613 according to the latest Census data.
What is the median household income in Shepherd?
The median household income in Shepherd, MT is $0 per year.
What is the median home value in Shepherd?
The median home value in Shepherd, MT is $179,700.
What is the average rent in Shepherd?
The median monthly rent in Shepherd, MT is $0.
What is the unemployment rate in Shepherd?
The unemployment rate in Shepherd, MT is 3.4%.