Terry, MT
Population 430 · Montana
About Terry, MT
Terry is a small community located in Montana with a population of 430 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,154 per year, which is 52% below the national median of $75,149. The median age of 66.1 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 Terry features a median home value of $104,300, which is 57% below the national median of $244,900. This makes Terry one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 360 total housing units, 95% are owner-occupied (222 units) and 5% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Terry shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 32.7%, above the national average of 12.4%. Workers in Terry have an average one-way commute time of 13.3 minutes, one of the shorter commutes in the region.
Education & Demographics
32.0% of Terry 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 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 7.7% of the population being foreign-born.
How Terry Ranks in Montana
Cost of Living in Terry, MT
Compared to national averages, Terry has a median household income of $36,154 (52% below the national median of $75,149). Home values average $104,300, which is 57% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Terry's income is 45% below the state average of $65,821, and home values are 64% below the state median of $288,703.
Why Live in Terry, MT?
Terry offers affordable housing with a median home value of $104,300, 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 3.6%. Additionally, the city features short commute times averaging just 13.3 minutes.
Potential considerations include median household income ($36,154) that falls below the national average. However, Terry’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Terry has a population of 430 with a median age of 66.1 years. Compare Terry with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Terry
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kerr | 432 | $46,944 | $487,500 | Compare |
| Broadus | 426 | $54,792 | $155,900 | Compare |
| Lindisfarne | 434 | $0 | $561,700 | Compare |
| Twin Creeks | 435 | $83,821 | $360,200 | Compare |
| Finley Point | 436 | $34,519 | $428,700 | Compare |
| Coram | 415 | $52,222 | $332,100 | Compare |
| Jefferson City | 446 | $73,875 | $282,000 | Compare |
| Rockvale | 413 | $0 | $0 | 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 Terry With Other Cities
Frequently Asked Questions about Terry
What is the population of Terry, MT?
The population of Terry, MT is 430 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 Terry?
The median household income in Terry, MT is $36,154 per year, which is 52% below the national median of $75,149.
What is the median home value in Terry?
The median home value in Terry, MT is $104,300, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Terry?
The median monthly rent in Terry, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Terry?
The unemployment rate in Terry, MT is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Terry, MT a good place to live?
Terry offers a moderate cost of living, affordable housing, and a strong job market. With a population of 430 and a median age of 66.1, the city appeals to established professionals and retirees.
How educated is Terry, MT?
32.0% of residents in Terry 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 Terry?
Key cost-of-living indicators for Terry, MT: median home value is $104,300 (57% below national), median rent is $0/month, and median household income is $36,154. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Terry?
The poverty rate in Terry, MT is 32.7%, 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 Terry, MT?
Terry's population is 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 7.7% of residents are foreign-born.