What percentage of people rent in Three Forks, MT?
26.8% (±10.8 points) of the occupied homes in Three Forks, MT are rented (2020–2024 American Community Survey).
That is 239 renting households against 652 that own their home.
In Three Forks, the share of households that rent went from 32.7% in 2015–2019 to 26.8% in 2020–2024 (−5.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 26.8% (±10.8 points)
- Renting households
- 239 (±99)
- Median renter income
- $57,422 (±$28,963)
Who rents and who owns in Three Forks
| Three Forks | Gallatin County | Montana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 26.8% (±10.8 points) | 38.9% (±1.4 points) | 30.8% (±0.5 points) | 34.8% |
| Renting households | 239 (±99) | 19,945 (±709) | 141,459 (±2,303) | 45,017,354 |
| Owning households | 652 (±147) | 31,270 (±869) | 317,400 (±3,818) | 84,210,142 |
| Average renter household size | 2.2 (±0.7) | 2.1 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.3) | 2.5 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $57,422 (±$28,963) | $68,740 (±$4,174) | $48,192 (±$1,103) | $52,966 |
| Median owner household income | $83,525 (±$17,225) | $114,831 (±$4,523) | $85,804 (±$1,088) | $100,009 |
In Three Forks, the renter share is lower than in Gallatin County (38.9%).
It is not measurably different from Montana (30.8%).
It is not measurably different from the national figure (34.8%).
In Gallatin County, Three Forks ranks 5 of 9 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 84 of 167.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Three Forks has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 32.7% (±10.6 points) | 26.8% (±10.8 points) | −5.9 percentage points | Not a measurable change |
| Median gross rent | $1,083 (±$138) | $1,330 (±$84) | +22.8% | No measurable change after inflation |
| Median household income | $65,357 (±$11,807) | $79,784 (±$16,819) | +22.1% | 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 Three Forks
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Three Forks | — | 26.8% (±10.8 points) | — |
| Wheatland | 5.2 mi | 0.0% (±6.4 points) | Lower |
| Manhattan | 11 mi | 25.0% (±10.2 points) | Not measurably different |
| Churchill | 15 mi | 17.9% (±6.8 points) | Not measurably different |
| Belgrade | 20 mi | 43.9% (±5.2 points) | Higher |
| Four Corners | 24 mi | 22.5% (±8.5 points) | Not measurably different |
| King Arthur Park | 26 mi | 38.3% (±18.7 points) | Not measurably different |
| Whitehall | 26 mi | 34.9% (±10.2 points) | Not measurably different |
| Bozeman | 28 mi | 55.3% (±2.8 points) | Higher |
Nearby places with a measurably lower figure: Wheatland, MT (0.0%).
Nearby places with a measurably higher figure: Belgrade, MT (43.9%), Bozeman, MT (55.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Gallatin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | West Yellowstone | 60.9% (±12.5 points) |
| 2 | Bozeman | 55.3% (±2.8 points) |
| 3 | Belgrade | 43.9% (±5.2 points) |
| 4 | King Arthur Park | 38.3% (±18.7 points) |
| 5 | Three Forks | 26.8% (±10.8 points) |
| 6 | Manhattan | 25.0% (±10.2 points) |
| 7 | Four Corners | 22.5% (±8.5 points) |
| 8 | Churchill | 17.9% (±6.8 points) |
| 9 | Big Sky | 15.9% (±8.9 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 Three Forks
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Questions about Three Forks
How many renters are there in Three Forks?
Three Forks has an estimated 239 (±99) renting households, 26.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Three Forks?
In Three Forks, the share of households that rent went from 32.7% in 2015–2019 to 26.8% in 2020–2024 (−5.9 percentage points), not a measurable change.
How big are renting households in Three Forks?
A renting household in Three Forks has 2.2 people on average, against 2.1 in an owned home.
How much do renters earn in Three Forks?
The median renting household in Three Forks, MT has an income of $57,422 (±$28,963) a year, against $83,525 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Three Forks city, Montana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Three Forks city, Montana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Three Forks city, Montana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Three Forks city, Montana (place:73975, 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.
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
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- Median rent in Three Forks
- Rent by bedrooms in Three Forks
- Income and affordability in Three Forks
- Home values in Three Forks
- Homeowner costs in Three Forks
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- Types of homes in Three Forks
- Bedrooms in Three Forks
- Age of homes in Three Forks
- Heating fuel in Three Forks
- Commute and cars in Three Forks
- Population growth in Three Forks
- How long people stay in Three Forks
- Montana landlord and tenant rules
- Housing across Gallatin County
- Montana places ranked by share of renters
- Housing data for every place in Montana