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.
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%
Poverty
12.5%
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%
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