Silver Gate, MT
Population 94 · Montana
About Silver Gate, MT
Silver Gate is a small community located in Montana with a population of 94 residents according to the latest US Census Bureau American Community Survey data. The median household income is $250,001 per year, which is 233% above the national median of $75,149. The median age of 58.1 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 Silver Gate features a median home value of $562,500, which is 130% above the national median of $244,900. This places Silver Gate 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 180 total housing units, 96% are owner-occupied (44 units) and 4% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Silver Gate 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 Silver Gate have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
15.6% of Silver Gate 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.1% Asian residents, with 0.0% of the population being foreign-born.
How Silver Gate Ranks in Montana
Cost of Living in Silver Gate, MT
Compared to national averages, Silver Gate has a median household income of $250,001 (233% above the national median of $75,149). Home values average $562,500, which is 130% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Silver Gate's income is 280% above the state average of $65,821, and home values are 95% above the state median of $288,703.
Why Live in Silver Gate, MT?
Silver Gate offers a strong local economy with a median household income of $250,001, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $562,500. However, Silver Gate’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Silver Gate has a population of 94 with a median age of 58.1 years. Compare Silver Gate 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 Silver Gate
What is the population of Silver Gate, MT?
The population of Silver Gate, MT is 94 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 Silver Gate?
The median household income in Silver Gate, MT is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Silver Gate?
The median home value in Silver Gate, MT is $562,500, which is 130% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Silver Gate?
The median monthly rent in Silver Gate, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Silver Gate?
The unemployment rate in Silver Gate, 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 Silver Gate, MT a good place to live?
Silver Gate offers above-average incomes, a competitive housing market, and a strong job market. With a population of 94 and a median age of 58.1, the city appeals to established professionals and retirees.
How educated is Silver Gate, MT?
15.6% of residents in Silver Gate 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 Silver Gate?
Key cost-of-living indicators for Silver Gate, MT: median home value is $562,500 (130% above national), median rent is $0/month, and median household income is $250,001. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Silver Gate?
The poverty rate in Silver Gate, 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 Silver Gate, MT?
Silver Gate's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.1% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.