Cost of Living in Lake County, MT
Population 32,561 · Census ACS 2020–2024 5-year estimates
The median rent in Lake County, MT is $901/month, 17% lower than the Montana median and 36% lower than the U.S. median. The median home value is $421,800, 27% higher than the national median. Households earn a median of $63,360 a year, 13% lower than the state median.
Affordability
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Lake County vs. Montana vs. U.S.
| Lake County | Montana | U.S. | |
|---|---|---|---|
| Median rent | $901 | $1,081 | $1,413 |
| Median home value | $421,800 | $375,800 | $332,700 |
| Median household income | $63,360 | $72,509 | $80,734 |
| Homeownership rate | 75.0% | 69.2% | 65.2% |
| Bachelor's degree or higher | 31.5% | 35.2% | 35.7% |
| Poverty rate | 17.2% | 11.5% | 12.5% |
| Unemployment rate | 5.7% | 3.6% | 5.2% |
| Work from home | 13.2% | 12.5% | 15.1% |
| Median age | 44.3 | 40.4 | 38.9 |
FAQ
What is the average rent in Lake County, MT?
The median gross rent in Lake County, MT is $901 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Lake County, MT?
Using the common 30% rule, renting a median-priced home takes about $36,040 a year in gross income.
Is Lake County, MT expensive to live in?
Rent there is 36% lower than the U.S. median, and the median home costs about 6.7 times the median household income.
Other counties in Montana
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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