Wise River, MT
Population 24 · Montana
About Wise River, MT
Wise River is a small community located in Montana with a population of 24 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,375 per year, which is 28% below the national median of $75,149. The median age of 59 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 Wise River features a median home value of $421,400, which is 72% above the national median of $244,900. This places Wise River 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 39 total housing units, 85% are owner-occupied (11 units) and 15% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wise River 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 Wise River have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
26.3% of Wise River 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, 0.0% 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 Wise River, MT
Compared to national averages, Wise River has a median household income of $54,375 (28% below the national median of $75,149). Home values average $421,400, which is 72% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Wise River's income is 17% below the state average of $65,821, and home values are 46% above the state median of $288,703.
Why Live in Wise River, MT?
Wise River 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 0.0%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($54,375) that falls below the national average, and a competitive housing market where the typical home costs $421,400. However, Wise River’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wise River has a population of 24 with a median age of 59 years. Compare Wise River 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 Wise River
What is the population of Wise River, MT?
The population of Wise River, MT is 24 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 Wise River?
The median household income in Wise River, MT is $54,375 per year, which is 28% below the national median of $75,149.
What is the median home value in Wise River?
The median home value in Wise River, MT is $421,400, which is 72% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wise River?
The median monthly rent in Wise River, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wise River?
The unemployment rate in Wise River, 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 Wise River, MT a good place to live?
Wise River offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 24 and a median age of 59, the city appeals to established professionals and retirees.
How educated is Wise River, MT?
26.3% of residents in Wise River 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 Wise River?
Key cost-of-living indicators for Wise River, MT: median home value is $421,400 (72% above national), median rent is $0/month, and median household income is $54,375. The home-value-to-income ratio is 7.7x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Wise River?
The poverty rate in Wise River, 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 Wise River, MT?
Wise River's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.