Three Forks

Population: 2,034
Median household income: $80,394
Median home value: $382,400

Three Forks, a community in Gallatin County, Montana, has 2,034 residents. Its median household income of $80,394 runs below the Gallatin County figure of $87,454.

Between 2019 and 2023, Three Forks's population grew 17.6% from 1,729 to 2,034, while its median home value rose 83.1% from $208,800 to $382,400.

The median resident is 42.6 years old. The largest age group is 55 to 64, 21.4% of residents.

Demographics

ACS 2019–2023

Population: 2,034
Median age: 42.6 yrs
Median household income: $80,394
Median home value: $382,400
Median gross rent: $1,263
Housing units: 895
Homeownership rate: 75.1%
Bachelor's degree or higher: 21.3%
Unemployment rate: 1.1%

Trends

ACS 5-year · 2019–2023

Population

1,7292,034

Median household income

$65,357$80,394

Median home value

$208,800$382,400

Median gross rent

$1,083$1,263

Year	Population	Median household income	Median home value	Median gross rent
2019	1,729	$65,357	$208,800	$1,083
2020	1,977	$67,930	$225,000	$1,045
2021	2,084	$70,405	$232,200	$1,151
2022	1,895	$77,674	$314,100	$1,263
2023	2,034	$80,394	$382,400	$1,263

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.1%

5 to 1716.0%

18 to 246.3%

25 to 3412.5%

35 to 4411.8%

45 to 547.1%

55 to 6421.4%

65 to 7415.6%

75 and over4.1%

	Count	Share
Under 5	103	5.1%
5 to 17	325	16.0%
18 to 24	129	6.3%
25 to 34	255	12.5%
35 to 44	241	11.8%
45 to 54	145	7.1%
55 to 64	435	21.4%
65 to 74	317	15.6%
75 and over	84	4.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,896	93.2%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	39	1.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	26	1.3%
Hispanic or Latino (any race)	73	3.6%

Educational attainment (age 25+)

No high school diploma3.0%

High school graduate36.3%

Some college or associate's39.5%

Bachelor's degree19.0%

Graduate or professional degree2.2%

	Count	Share
No high school diploma	44	3.0%
High school graduate	536	36.3%
Some college or associate's	583	39.5%
Bachelor's degree	281	19.0%
Graduate or professional degree	33	2.2%

Commute to work

Mean travel time to work: 22 min

Drove alone81.3%

Carpooled0.7%

Public transit0.0%

Walked6.2%

Bicycle0.0%

Worked from home9.1%

Other means2.6%

How workers get to work

	Count	Share
Drove alone	889	81.3%
Carpooled	8	0.7%
Public transit	0	0.0%
Walked	68	6.2%
Bicycle	0	0.0%
Worked from home	100	9.1%
Other means	28	2.6%

Travel time

	Count	Share
Under 15 min	447	45.0%
15 to 29 min	170	17.1%
30 to 44 min	246	24.8%
45 to 59 min	97	9.8%
60+ min	33	3.3%

Households

Average household size: 2.30
Poverty rate: 6.7% (133 of 1,978)

	Count	Share
Family households	491	55.9%
Nonfamily households	388	44.1%

Housing

Median year structure built: 1983

Occupancy

	Count	Share
Occupied	879	98.2%
Vacant	16	1.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	660	75.1%
Renter-occupied	219	24.9%

1-unit, detached67.8%

1-unit, attached2.1%

2 to 4 units7.2%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other22.9%

Units in structure

	Count	Share
1-unit, detached	607	67.8%
1-unit, attached	19	2.1%
2 to 4 units	64	7.2%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	205	22.9%

Geography

Place GEOID: 3073975
Type (LSAD): 25
Land area: 1.44 sq mi
Water area: 0.06 sq mi
Center point: 45.8896, -111.5527