The Silos, MT
Population 474 · Montana
About The Silos, MT
The Silos is a small community located in Montana with a population of 474 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,245 per year, which is 28% below the national median of $75,149. The median age of 71.9 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 The Silos features a median home value of $390,000, which is 59% above the national median of $244,900. This places The Silos 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 267 total housing units, 90% are owner-occupied (212 units) and 10% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in The Silos 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 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in The Silos have an average one-way commute time of 29.2 minutes.
Education & Demographics
25.5% of The Silos 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, 3.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in The Silos, MT
Compared to national averages, The Silos has a median household income of $54,245 (28% below the national median of $75,149). Home values average $390,000, which is 59% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, The Silos's income is 18% below the state average of $65,821, and home values are 35% above the state median of $288,703.
Why Live in The Silos, MT?
The Silos offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 8.2%, better than the national average.
Potential considerations include median household income ($54,245) that falls below the national average, and a competitive housing market where the typical home costs $390,000. However, The Silos’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
The Silos has a population of 474 with a median age of 71.9 years. Compare The Silos with other cities to see how it stacks up, or explore all cities in Montana.
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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 The Silos
What is the population of The Silos, MT?
The population of The Silos, MT is 474 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 The Silos?
The median household income in The Silos, MT is $54,245 per year, which is 28% below the national median of $75,149.
What is the median home value in The Silos?
The median home value in The Silos, MT is $390,000, which is 59% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in The Silos?
The median monthly rent in The Silos, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in The Silos?
The unemployment rate in The Silos, 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 The Silos, MT a good place to live?
The Silos offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 474 and a median age of 71.9, the city appeals to established professionals and retirees.
How educated is The Silos, MT?
25.5% of residents in The Silos 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 The Silos?
Key cost-of-living indicators for The Silos, MT: median home value is $390,000 (59% above national), median rent is $0/month, and median household income is $54,245. The home-value-to-income ratio is 7.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in The Silos?
The poverty rate in The Silos, MT is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is The Silos, MT?
The Silos's population is 0.0% White, 3.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 5.3% two or more races. 0.0% of residents are foreign-born.