What percentage of people rent in Libby, MT?

43.0% (±7.9 points) of the occupied homes in Libby, MT are rented (2020–2024 American Community Survey).

That is 650 renting households against 862 that own their home.

In Libby, the share of households that rent went from 36.8% in 2015–2019 to 43.0% in 2020–2024 (+6.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
43.0% (±7.9 points)
Renting households
650 (±141)
Median renter income
$21,122 (±$8,949)

Who rents and who owns in Libby

Tenure, estimate (90% margin of error)
LibbyLincoln CountyMontanaUnited States
Renter-occupied share43.0% (±7.9 points)22.4% (±2.8 points)30.8% (±0.5 points)34.8%
Renting households650 (±141)2,032 (±275)141,459 (±2,303)45,017,354
Owning households862 (±141)7,050 (±299)317,400 (±3,818)84,210,142
Average renter household size1.8 (±0.3)2.0 (±0.2)2.1 (±0.0)2.3
Average owner household size2.0 (±0.3)2.4 (±0.1)2.5 (±0.0)2.6
Median renter household income$21,122 (±$8,949)$29,317 (±$6,532)$48,192 (±$1,103)$52,966
Median owner household income$45,926 (±$7,129)$54,740 (±$5,446)$85,804 (±$1,088)$100,009

In Libby, the renter share is higher than in Lincoln County (22.4%).

It is also higher than in Montana (30.8%).

It is higher than the national figure (34.8%).

In Lincoln County, Libby ranks 2 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 26 of 167.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Libby has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent36.8% (±9.2 points)43.0% (±7.9 points)+6.2 percentage pointsNot a measurable change
Median gross rent$631 (±$154)$672 (±$108)+6.5%No measurable change after inflation
Median household income$37,802 (±$4,361)$34,143 (±$12,347)−9.7%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Libby

Nearest places with a published estimate, compared with Libby
PlaceDistanceHouseholds that rentCompared with this place
Libby—43.0% (±7.9 points)—
Troy16 mi27.3% (±14.1 points)Not measurably different
Clark Fork33 mi43.9% (±20.8 points)Not measurably different
East Hope35 mi11.3% (±8.2 points)Lower
Hope36 mi20.0% (±23.2 points)Not measurably different
Moyie Springs37 mi32.7% (±15.2 points)Not measurably different
Rexford40 mi49.3% (±33.2 points)Not measurably different
Bonners Ferry41 mi37.2% (±8.7 points)Not measurably different
Eureka41 mi21.5% (±11.0 points)Lower

Nearby places with a measurably lower figure: East Hope, ID (11.3%), Eureka, MT (21.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Lincoln County, place by place

RankPlaceHouseholds that rent
1Rexford49.3% (±33.2 points)
2Libby43.0% (±7.9 points)
3Troy27.3% (±14.1 points)
4Eureka21.5% (±11.0 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Libby

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Libby, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Libby beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Libby, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Libby

How many renters are there in Libby?

Libby has an estimated 650 (±141) renting households, 43.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Libby?

In Libby, the share of households that rent went from 36.8% in 2015–2019 to 43.0% in 2020–2024 (+6.2 percentage points), not a measurable change.

How big are renting households in Libby?

A renting household in Libby has 1.8 people on average, against 2.0 in an owned home.

How much do renters earn in Libby?

The median renting household in Libby, MT has an income of $21,122 (±$8,949) a year, against $45,926 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Libby city, Montana (place:43450, in state:30).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related