Woods Bay, MT
Population 696 · Montana
About Woods Bay, MT
Woods Bay is a small community located in Montana with a population of 696 residents according to the latest US Census Bureau American Community Survey data. The median household income is $95,781 per year, which is 27% above the national median of $75,149. The median age of 57.3 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 Woods Bay features a median home value of $395,700, which is 62% above the national median of $244,900. This places Woods Bay 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 477 total housing units, 94% are owner-occupied (281 units) and 6% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Woods Bay shows an unemployment rate of 0.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Woods Bay have an average one-way commute time of 24.6 minutes.
Education & Demographics
55.3% of Woods Bay residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 5.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 5.9% of the population being foreign-born.
How Woods Bay Ranks in Montana
Cost of Living in Woods Bay, MT
Compared to national averages, Woods Bay has a median household income of $95,781 (27% above the national median of $75,149). Home values average $395,700, which is 62% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Woods Bay's income is 46% above the state average of $65,821, and home values are 37% above the state median of $288,703.
Why Live in Woods Bay, MT?
Woods Bay offers a strong local economy with a median household income of $95,781, 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 0.5%. Additionally, the city features a well-educated community where 55.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.4%, better than the national average, and short commute times averaging just 24.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $395,700. However, Woods Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Woods Bay has a population of 696 with a median age of 57.3 years. Compare Woods Bay with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Woods Bay
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chester | 704 | $53,583 | $156,900 | Compare |
| Wibaux | 686 | $64,115 | $89,400 | Compare |
| Hungry Horse | 663 | $0 | $0 | Compare |
| Walkerville | 660 | $44,226 | $147,200 | Compare |
| White Haven | 660 | $0 | $175,000 | Compare |
| Pioneer Junction | 734 | $42,250 | $264,400 | Compare |
| Poplar | 655 | $45,104 | $91,700 | Compare |
| Black Eagle | 654 | $55,588 | $179,800 | 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 Woods Bay With Other Cities
Frequently Asked Questions about Woods Bay
What is the population of Woods Bay, MT?
The population of Woods Bay, MT is 696 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 Woods Bay?
The median household income in Woods Bay, MT is $95,781 per year, which is 27% above the national median of $75,149.
What is the median home value in Woods Bay?
The median home value in Woods Bay, MT is $395,700, which is 62% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Woods Bay?
The median monthly rent in Woods Bay, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Woods Bay?
The unemployment rate in Woods Bay, MT is 0.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Woods Bay, MT a good place to live?
Woods Bay offers above-average incomes, a competitive housing market, and a strong job market. With a population of 696 and a median age of 57.3, the city appeals to established professionals and retirees.
How educated is Woods Bay, MT?
55.3% of residents in Woods Bay aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Woods Bay?
Key cost-of-living indicators for Woods Bay, MT: median home value is $395,700 (62% above national), median rent is $0/month, and median household income is $95,781. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Woods Bay?
The poverty rate in Woods Bay, MT is 3.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Woods Bay, MT?
Woods Bay's population is 5.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 5.9% of residents are foreign-born.