Wye, MT
Population 1,222 · Montana
About Wye, MT
Wye is a small town located in Montana with a population of 1,222 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,667 per year, which is 42% above the national median of $75,149. The median age of 30.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Wye features a median home value of $520,700, which is 113% above the national median of $244,900. This places Wye in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,804, 55% above the national average of $1,163/month. Of the 419 total housing units, 64% are owner-occupied (262 units) and 36% are renter-occupied (148 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wye shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 4.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wye have an average one-way commute time of 15.2 minutes, one of the shorter commutes in the region.
Education & Demographics
48.0% of Wye 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 0.0% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.9% of the population being foreign-born.
How Wye Ranks in Montana
Cost of Living in Wye, MT
Compared to national averages, Wye has a median household income of $106,667 (42% above the national median of $75,149). Home values average $520,700, which is 113% above the national median. Monthly rent at $1,804 is 55% above the US average of $1,163. Within Montana, Wye's income is 62% above the state average of $65,821, and home values are 80% above the state median of $288,703.
Why Live in Wye, MT?
Wye offers a strong local economy with a median household income of $106,667, well above the national average, and a well-educated community where 48.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.3%, better than the national average. Additionally, the city features short commute times averaging just 15.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $520,700. However, Wye’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wye has a population of 1,222 with a median age of 30.2 years. Compare Wye with other cities to see how it stacks up, or explore all cities in Montana.
Similar Cities Near Wye
Cities in Montana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wheatland | 1,185 | $108,580 | $581,100 | Compare |
| Somers | 1,181 | $56,501 | $477,300 | Compare |
| Whitehall | 1,151 | $38,750 | $180,600 | Compare |
| Marion | 1,149 | $52,105 | $370,900 | Compare |
| Churchill | 1,120 | $95,550 | $588,800 | Compare |
| Boulder | 1,326 | $61,250 | $194,800 | Compare |
| Seeley Lake | 1,335 | $46,031 | $270,400 | Compare |
| White Sulphur Springs | 1,097 | $56,424 | $231,700 | 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 Wye With Other Cities
Frequently Asked Questions about Wye
What is the population of Wye, MT?
The population of Wye, MT is 1,222 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Montana.
What is the median household income in Wye?
The median household income in Wye, MT is $106,667 per year, which is 42% above the national median of $75,149.
What is the median home value in Wye?
The median home value in Wye, MT is $520,700, which is 113% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wye?
The median monthly rent in Wye, MT is $1,804, which is 55% above the national average of $1,163/month.
What is the unemployment rate in Wye?
The unemployment rate in Wye, MT is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wye, MT a good place to live?
Wye offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,222 and a median age of 30.2, the city appeals to young professionals and families.
How educated is Wye, MT?
48.0% of residents in Wye 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 Wye?
Key cost-of-living indicators for Wye, MT: median home value is $520,700 (113% above national), median rent is $1,804/month, and median household income is $106,667. The home-value-to-income ratio is 4.9x, a moderate figure by national standards.
What is the poverty rate in Wye?
The poverty rate in Wye, MT is 4.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wye, MT?
Wye's population is 0.0% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.9% two or more races. 1.9% of residents are foreign-born.