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Cut Bank, Montana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,028
Population
$49,432
Median Income
$164,100
Home Value
37.6
Median Age

Demographics

Cut Bank has a population of 3,028 with a median age of 37.6. Here is the racial and ethnic breakdown of the population:

White
66.2%
Other
30.5%
Hispanic
3.0%
Demographic Value
Total Population3,028
Median Age37.6
White66.2%
Asian0.3%
Hispanic or Latino3.0%
Other / Two or More Races30.5%
Cut Bank, Montana — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 66.2%Other: 30.5%Hispanic/Latino: 3.0%Other: 0.3%3,028PopulationWhiteWhite66.2%OtherOther30.5%Hispanic/LatinoHispanic/Latino3.0%OtherOther0.3%

Income & Economy

The median household income in Cut Bank is $49,432, which is 38.7% below the national median of $80,610. The per capita income is $24,642. The poverty rate is 18.9%.

$49,432
Median Household Income
$24,642
Per Capita Income
18.9%
Poverty Rate

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Education

In Cut Bank, 91.4% of residents age 25+ have a high school diploma or higher, and 16.6% hold a bachelor's degree or higher (9.3% with a graduate or professional degree).

HS Diploma+
91.4%
Bachelor's+
16.6%
Graduate+
9.3%
Education Level % of Adults (25+)
High School Diploma or Higher91.4%
Bachelor's Degree or Higher16.6%
Graduate or Professional Degree9.3%

Housing

The median home value in Cut Bank is $164,100, below the national median of $303,400. The median monthly rent is $988. The homeownership rate is 67.3%.

$164,100
Median Home Value
$988/mo
Median Rent
67.3%
Homeownership Rate
Housing Metric Value
Median Home Value$164,100
Median Monthly Rent$988
Homeownership Rate67.3%
Vacancy Rate16.3%

Salaries in Montana

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Frequently Asked Questions

What is the population of Cut Bank, Montana?
The population of Cut Bank, Montana is 3,028 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cut Bank, Montana?
The median household income in Cut Bank, Montana is $49,432. This is 38.7% below the national median of $80,610.
What is the median home value in Cut Bank, Montana?
The median home value in Cut Bank, Montana is $164,100. The median monthly rent is $988.
What percentage of people in Cut Bank have a college degree?
In Cut Bank, Montana, 16.6% of adults age 25 and older hold a bachelor's degree or higher, and 91.4% have a high school diploma or higher.
Is Cut Bank, Montana an affordable place to live?
The home price-to-income ratio in Cut Bank, Montana is 3.3x (median home value $164,100 vs. median income $49,432), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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