ZIP 59701 - 860Z200US59701 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 59701, located in Butte, Montana, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 34,000 and a mix of housing options, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing costs, and diversity to help you make informed decisions.

Population & Households

ZIP 59701 is home to a population of 34,245 residents, making it a moderately sized community with a small-town feel yet enough scale to support local businesses and amenities. These residents are distributed across 14,870 households, reflecting a diverse mix of family structures and living arrangements. With 16,834 total housing units in the area, there’s a noticeable gap between households and available units, suggesting some vacancy or seasonal use—something to explore if you’re eyeing rental or investment properties.

Income & Housing Costs

The median household income in ZIP 59701 stands at $56,799, which provides a solid benchmark for understanding the economic profile of the area. This income level suggests a community with moderate purchasing power, relevant for businesses targeting local consumers or for homebuyers gauging affordability. On the housing front, the median home value is $219,200—a figure that positions this ZIP code as relatively accessible compared to national averages, appealing to first-time buyers or investors seeking value. For renters, the median rent is $811 per month, offering a more budget-friendly option compared to many urban markets, though it’s worth weighing against local income levels for affordability insights.

Race & Ethnicity

The demographic makeup of ZIP 59701 is predominantly White, with 89.27% of the population identifying as such. Hispanic or Latino residents account for 4.59%, while smaller percentages include Black (0.13%) and Asian (0.32%) populations. This relatively homogenous composition may influence community dynamics, cultural offerings, and market preferences—factors to consider for businesses aiming to cater to local tastes or for families seeking specific community vibes.

Key Facts

• Total population: 34,245 residents in 2023.
• Total households: 14,870, indicating a mix of family and individual living arrangements.
• Total housing units: 16,834, with some potential vacancies or seasonal properties.
• Median household income: $56,799, reflecting moderate economic capacity.
• Median home value: $219,200, suggesting affordability for buyers and investors.
• Median rent: $811, a competitive rate for renters in the area.
• Racial composition: 89.27% White, 4.59% Hispanic, with minimal Black (0.13%) and Asian (0.32%) representation.

What This Means for You

For homebuyers, ZIP 59701 offers a compelling entry point with a median home value of $219,200, which could be ideal for those looking to settle in a community with a lower cost of living. The moderate median income of $56,799 suggests you’ll be among neighbors with stable, if not high, earning potential—important for long-term community growth. Investors and real estate agents should note the gap between housing units (16,834) and households (14,870), which may hint at opportunities for rentals or flips, especially with a median rent of $811 that could attract steady tenants. Small-business owners can leverage the population of 34,245 and the income profile to target products or services that match local needs, though the predominantly White demographic (89.27%) might require tailored marketing to resonate with the majority. Analysts can use these metrics as a baseline for deeper studies into housing trends or economic shifts in this Montana ZIP code.

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