Is Eureka, Montana a Good Place To Live? - Living In Eureka, MT

Is Eureka, Montana a good place to live?
Eureka is a city in Montana state in USA with a population of 1645 residents.. The poverty rate of Eureka is 29.3%, which is 109% higher than national average. The typical household in Eureka earns $32934 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 72% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Eureka are struggling financially. Nearly one in every 1 in every 5 workers in Eureka is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Eureka, only 81% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Eureka remained 18.9%, which is 302% higher than national rate. Nearly 4 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Eureka, only 14% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Eureka is 0, which is 100% lower than national average. Median home value in Eureka is $173400 , which is 25% lower than national average. While median income in Eureka remained $32934, which is 51% lower than national average.
Population
1645
Unemployment
18.9%
302% NAT AVG.
Poverty
29.3%
109% NAT AVG.
Overall Score
4
Median Home Cost
$173400
25% NAT AVG.
Median Income
$32934
51% NAT AVG.
Median Rent
$734
37% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 5
People Earning < $10,000
1 in 11
People Earning < $50,000
72%
People with <= High School
1 in 1.6
People With Any Degree
1 in 5.6
Pros & Cons Overview

Jobs30%

Housing70%

Affordability40%

Safety85%

Amenities50%

Diversity50%

Education40%

Commute100%