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

Is Red Lodge, Montana a good place to live?
Red Lodge is a city in Montana state in USA with a population of 2212 residents.. The poverty rate of Red Lodge is 12.5%, which is 11% lower than national average. The typical household in Red Lodge earns $48311 a year, compared to the national median of $67,500. Nearly 54.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Red Lodge, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Red Lodge remained 0.5%, which is 89% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Red Lodge, only 37% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Red Lodge is 0, which is 100% lower than national average. Median home value in Red Lodge is $244700 , which is 6% higher than national average. While median income in Red Lodge remained $48311, which is 28% lower than national average.
Population
2212
Unemployment
0.5%
89% NAT AVG.
Poverty
12.5%
11% NAT AVG.
Overall Score
8
Median Home Cost
$244700
6% NAT AVG.
Median Income
$48311
28% NAT AVG.
Median Rent
$826
29% NAT AVG.
People Living BPL
1 in 8
Unemployed People
1 in 200
People Earning < $10,000
1 in 56
People Earning < $50,000
54.8%
People with <= High School
1 in 3
People With Any Degree
1 in 2.2
Pros & Cons Overview

Jobs80%

Housing80%

Affordability50%

Safety80%

Amenities50%

Diversity60%

Education85%

Commute100%