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CENSUS TRACT

Census Tract 8

Montana · Gallatin County · 2,542 residents · 0.432 sq mi
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5.0767.03910.0110.0211.0111.028
TRACT SHAPE · Gallatin County, MT
The short version

Census Tract 8 has roughly average household income, with a median household income of $85,565. Population has held roughly steady since 2020. 74% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $945,300. At a median age of 34.8, residents skew younger than the country as a whole. Despite a median home value of $945,300, the poverty rate sits 27% above the US average — a pattern often seen in resort and college towns.

At a glance
Average income
near the US median
US median: $82,259
Younger
median age 34.8
US median: 38.9
More educated
74% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,542
+8%since 2020
from 2,343 in 2020
2020 – 2024
Population density
5,884 / sq mi
+8%since 2020
from 5,424 / sq mi in 2020
US average: 281
Median age
34.8
+8%since 2020
from 32.1 in 2020
US average: 38.9
Population, 20202024
2K2K2K3K3K20202024Census Tract 8
20243K
20202024
Section 02

Income & economy

Median household income
$85,565
+5%inflation adjusted, since 2020
from $67,031 in 2020
US average: $82,259
2020 – 2024
Per capita income
$84,146
+30%since 2020
from $64,592 in 2020
US average: $44,673
Households earning $100K+
57.9%
+17.8 ptssince 2020
from 40.1% in 2020
US average: 53.3%
Poverty rate
15.8%
−6.2 ptssince 2020
from 22.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.572
−1%since 2020
from 0.579 in 2020
US average: 0.476
Workforce by industry, 2024
Information6.7%
US avg: 10.8%
Other services5.8%
US avg: 6.7%
Wholesale trade4.2%
US avg: 6.9%
Public administration4%
US avg: 4.8%
Retail trade3.9%
US avg: 9.9%
Agriculture, forestry, fishing3.3%
US avg: 1.6%
Construction3.3%
US avg: 1.2%
Arts, entertainment, food3%
US avg: 1.9%
Finance & insurance0.6%
US avg: 5.9%
Professional, scientific, technical0.6%
US avg: 5.1%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$945,300
+22%inflation adjusted, since 2020
from $640,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,244
+22%inflation adjusted, since 2020
from $842 in 2020
US average: $1,442
Owner-occupied
48.3%
−4.2 ptssince 2020
from 52.5% in 2020
51.7% rent
Vacancy rate
12.8%
+2.6 ptssince 2020
from 10.2% in 2020
US average: 10.0%
Owner cost-burdened
17.9%
+0.7 ptssince 2020
from 17.2% in 2020
US average: 22.9%
Renter cost-burdened
46.1%
−12.7 ptssince 2020
from 58.8% in 2020
US average: 47.4%
Afford Score
11.0
+16%since 2020
from 9.6 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 8 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic94%(2,203)
Black0%(0)
Hispanic / Latino1.1%(25)
Asian2.9%(68)
Other2%(47)
Diversity Score14.3%(336)
2024
White, non-Hispanic85.5%(2,173)
Black1.3%(33)
Hispanic / Latino2.8%(72)
Asian0.6%(14)
Other9.8%(250)
Diversity Score32.3%(822)
Diversity Score
32
+126%since 2020
from 14 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
73.8%
−2.6 ptssince 2020
from 76.3% in 2020
US average: 35.6%
High school or higher
96.5%
−0.9 ptssince 2020
from 97.4% in 2020
US average: 89.6%
Graduate degree
36.2%
+3.0 ptssince 2020
from 33.2% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
13.7 min
−32%since 2020
from 20.1 min in 2020
US average: 26.5
Drive alone to work
41.2%
−16.6 ptssince 2020
from 57.9% in 2020
US average: 68.9%
Carpooled to work
7.4%
+4.4 ptssince 2020
from 3.0% in 2020
US average: 8.5%
Public transit
0.3%
−0.9 ptssince 2020
from 1.2% in 2020
US average: 3.2%
Worked from home
18.1%
+5.6 ptssince 2020
from 12.6% in 2020
US average: 15.0%
Walked to work
16.7%
−0.6 ptssince 2020
from 17.3% in 2020
US average: 2.4%
Biked to work
13.0%
+8.1 ptssince 2020
from 4.9% in 2020
US average: 0.4%
No vehicle available
6.1%
+2.8 ptssince 2020
from 3.4% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.1%
−2.8 ptssince 2020
from 3.9% in 2020
US average: 5.2%
Labor force participation
72.7%
−5.3 ptssince 2020
from 78.0% in 2020
US average: 63.5%
Self-employed
16.1%
−0.3 ptssince 2020
from 16.4% in 2020
US average: 13.1%
Management & professional
57.8%
+9.1 ptssince 2020
from 48.7% in 2020
US average: 42.5%
Section 08

People & community

Male
52.7%
+5.0 ptssince 2020
from 47.6% in 2020
Female
47.3%
−5.0 ptssince 2020
from 52.4% in 2020
Foreign born
2.3%
−2.6 ptssince 2020
from 4.9% in 2020
US average: 14.1%
Veterans
2.1%
−4.4 ptssince 2020
from 6.5% in 2020
US average: 6.2%
With a disability
7.2%
+4.5 ptssince 2020
from 2.7% in 2020
US average: 13.3%
Uninsured
3.5%
−4.2 ptssince 2020
from 7.7% in 2020
US average: 8.4%
Broadband at home
94.3%
+1.6 ptssince 2020
from 92.7% in 2020
US average: 91.0%
English only at home
97.3%
+2.1 ptssince 2020
from 95.2% in 2020
US average: 77.7%
Spanish at home
0.6%
−0.2 ptssince 2020
from 0.8% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 2,542 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $85,565 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $945,300, and the typical rent is about $1,244 a month.

How educated are people in this census tract?

About 73.8% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 15.8% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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