Great Falls, Montana

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
60,373
Population
$58,272
Median Income
$223,700
Home Value
38.8
Median Age

Demographics

Great Falls has a population of 60,373 with a median age of 38.8. Here is the racial and ethnic breakdown of the population:

White
85.2%
Other
7.4%
Hispanic
5.4%
Black
1.1%
Asian
0.9%
Demographic Value
Total Population60,373
Median Age38.8
White85.2%
Black or African American1.1%
Asian0.9%
Hispanic or Latino5.4%
Other / Two or More Races7.4%

Income & Economy

The median household income in Great Falls is $58,272, which is 22.5% below the national median of $75,149. The per capita income is $33,437. The poverty rate is 15.0%.

$58,272
Median Household Income
$33,437
Per Capita Income
15.0%
Poverty Rate

Employment

The unemployment rate in Great Falls is 3.4%, compared to the national rate of 5.4%.

Education

In Great Falls, 93.5% of residents age 25+ have a high school diploma or higher, and 26.8% hold a bachelor's degree or higher (9.8% with a graduate or professional degree).

HS Diploma+
93.5%
Bachelor's+
26.8%
Graduate+
9.8%
Education Level % of Adults (25+)
High School Diploma or Higher93.5%
Bachelor's Degree or Higher26.8%
Graduate or Professional Degree9.8%

Housing

The median home value in Great Falls is $223,700, below the national median of $281,900. The median monthly rent is $828. The homeownership rate is 66.2%.

$223,700
Median Home Value
$828/mo
Median Rent
66.2%
Homeownership Rate
Housing Metric Value
Median Home Value$223,700
Median Monthly Rent$828
Homeownership Rate66.2%
Vacancy Rate8.4%

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Frequently Asked Questions

What is the population of Great Falls, Montana?
The population of Great Falls, Montana is 60,373 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Great Falls, Montana?
The median household income in Great Falls, Montana is $58,272. This is 22.5% below the national median of $75,149.
What is the median home value in Great Falls, Montana?
The median home value in Great Falls, Montana is $223,700. The median monthly rent is $828.
What percentage of people in Great Falls have a college degree?
In Great Falls, Montana, 26.8% of adults age 25 and older hold a bachelor's degree or higher, and 93.5% have a high school diploma or higher.
Is Great Falls, Montana an affordable place to live?
The home price-to-income ratio in Great Falls, Montana is 3.8x (median home value $223,700 vs. median income $58,272), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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