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Great Falls, 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
60,329
Population
$63,373
Median Income
$257,000
Home Value
39.0
Median Age

Demographics

Great Falls has a population of 60,329 with a median age of 39.0. Here is the racial and ethnic breakdown of the population:

White
84.0%
Other
8.9%
Hispanic
5.1%
Black
1.0%
Asian
1.0%
Demographic Value
Total Population60,329
Median Age39.0
White84.0%
Black or African American1.0%
Asian1.0%
Hispanic or Latino5.1%
Other / Two or More Races8.9%
Great Falls, Montana — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 84.0%Other: 8.9%Hispanic/Latino: 5.1%Other: 2.0%60,329PopulationWhiteWhite84.0%OtherOther8.9%Hispanic/LatinoHispanic/Latino5.1%OtherOther2.0%

Income & Economy

The median household income in Great Falls is $63,373, which is 21.4% below the national median of $80,610. The per capita income is $38,231. The poverty rate is 14.5%.

$63,373
Median Household Income
$38,231
Per Capita Income
14.5%
Poverty Rate

Employment

The unemployment rate in Great Falls is 2.9%, compared to the national rate of 4.1%.

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Education

In Great Falls, 94.7% of residents age 25+ have a high school diploma or higher, and 27.8% hold a bachelor's degree or higher (10.4% with a graduate or professional degree).

HS Diploma+
94.7%
Bachelor's+
27.8%
Graduate+
10.4%
Education Level % of Adults (25+)
High School Diploma or Higher94.7%
Bachelor's Degree or Higher27.8%
Graduate or Professional Degree10.4%

Housing

The median home value in Great Falls is $257,000, below the national median of $303,400. The median monthly rent is $900. The homeownership rate is 66.1%.

$257,000
Median Home Value
$900/mo
Median Rent
66.1%
Homeownership Rate
Housing Metric Value
Median Home Value$257,000
Median Monthly Rent$900
Homeownership Rate66.1%
Vacancy Rate7.2%

Salaries in Montana

Explore salary data for popular occupations in Montana:

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Other Cities in Montana

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Frequently Asked Questions

What is the population of Great Falls, Montana?
The population of Great Falls, Montana is 60,329 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Great Falls, Montana?
The median household income in Great Falls, Montana is $63,373. This is 21.4% below the national median of $80,610.
What is the median home value in Great Falls, Montana?
The median home value in Great Falls, Montana is $257,000. The median monthly rent is $900.
What percentage of people in Great Falls have a college degree?
In Great Falls, Montana, 27.8% of adults age 25 and older hold a bachelor's degree or higher, and 94.7% 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 4.1x (median home value $257,000 vs. median income $63,373), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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