Hamilton, MT · standard
ZIP Code 59840
Ravalli County, Montana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 13,052
- 11/sq mi Low-density area
- $61,752
- Median income Below-median income area
- $428,100
- Median home value Above-median home value
- 31.2%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Hamilton pairs a below-median household income with upper-quartile home values, in a rural, homeowner-dominated area.
- 32nd pct
- household income, US ZIPs
- Top 18%
- home value, US ZIPs
- 11
- people per sq mi
- 70%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 59840 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 59840 (Hamilton, MT) rose +5.5% from 2023 to 2024. The all-transactions index moved from 359.9 in 2023 to 379.6 in 2024 (2000 = 100).
ZIP code 59840 is a mid-sized community (a standard USPS delivery area) in Hamilton, Ravalli County, Montana, home to 13,052 residents across 1208.5 square miles, a density of 11 people per square mile, in the Denver time zone.
ZIP 59840 reports a modest median household income of $61,752 (12% below the average Montana ZIP), while per-capita income is $37,276. The poverty rate is 8.6%, with unemployment at 1.5%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $428,100 (31% above the average Montana ZIP), while 70.3% of occupied homes are owner-occupied and median rent is $1,033.
A solid share of residents have a four-year degree: 31.2% of adults hold a bachelor's degree or higher, the median age is 48.3, and the average commute is 15 minutes. The page also surfaces 1 ZIP codes within roughly 10 miles and 6 more in Ravalli County, so 59840 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 59840
Top 5 sectors by establishment count in Hamilton, MT
Which industries have the most business establishments in ZIP 59840.
- Construction
Construction
113 establishments
- Retail trade
Retail trade
105 establishments
- Health care and social assistance
Health care and social assistance
98 establishments
- Other services (except public administration)
Other services (except public administration)
71 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
69 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 59840, Hamilton, MT · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
13,052
Population
1208.5
Area (sq mi)
11
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 59840?
48.3
Median Age
46.8%
Male
53.2%
Female
2.8%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$61,752
Median Household Income
-12% vs state ZIP avg
$37,276
Per Capita Income
8.6%
Poverty Rate
1.5%
Unemployment Rate
14.9 min
Mean Commute Time
How ZIP 59840 ranks among Montana ZIPs
Hamilton, MT household income vs. every Montana ZIP code
Median household income among 321 reporting Montana ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$61,752 38th percentile higher than 38% of 321 Montana ZIPs
Each bar is a $20K-wide band; taller bars hold more Montana ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
7,640housing units
7,640
Total Housing Units
6,682
Occupied Units
958
Vacant Units
2.29
Avg Household Size
Occupancy Type
$428,100
Median Home Value
+31% vs state ZIP avg
$1,033
Median Rent
1981
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+5.5%
YoY Change (2024)
380
HPI Index (2000 = 100)
+280%
Total Change Since 2000
Home values in ZIP 59840 have increased 5.5% over the past year (2024). Since 2000, this ZIP has seen +280% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.9% | 215 |
| 2021 | +20.5% | 259 |
| 2022 | +26.0% | 326 |
| 2023 | +10.4% | 360 |
| 2024 | +5.5% | 380 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 749 business establishments in ZIP 59840, employing approximately 6,259 people with a combined annual payroll of $297,433,000.
749
Businesses
6,259
Employees
$297.4M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 113 | 15.1% |
| Retail trade | 105 | 14.0% |
| Health care and social assistance | 98 | 13.1% |
| Other services (except public administration) | 71 | 9.5% |
| Professional, scientific, and technical services | 69 | 9.2% |
| Accommodation and food services | 48 | 6.4% |
| Wholesale trade | 36 | 4.8% |
| Real estate and rental and leasing | 36 | 4.8% |
| Administrative and support and waste management and remediation services | 35 | 4.7% |
| Manufacturing | 32 | 4.3% |
| Finance and insurance | 28 | 3.7% |
| Arts, entertainment, and recreation | 25 | 3.3% |
| Transportation and warehousing | 23 | 3.1% |
| Information | 11 | 1.5% |
| Educational services | 9 | 1.2% |
| Agriculture, forestry, fishing and hunting | 6 | 0.8% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 59840 vs 59841 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 59841 | Pinesdale, MT | 917 | 10.4 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 59840, both outside MT so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (13,052 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Ravalli County
Related Areas
Frequently Asked Questions
What county is ZIP code 59840 in?
ZIP code 59840 (Hamilton) is located in Ravalli County, Montana. Ravalli County contains multiple ZIP codes, see the full list at /counties/ravalli-mt.
What is the population of ZIP code 59840?
ZIP code 59840 in Hamilton, MT has a population of 13,052 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 59840?
The median household income in ZIP 59840 is $61,752, which is 19% below the national average of $76,288.
What is the average home value in ZIP 59840?
The median home value in ZIP 59840 is $428,100, which is 54% above the national average of $278,155.
What is the demographic makeup of ZIP 59840?
The largest racial group in ZIP 59840 is White at 91.9%. Hispanic or Latino residents make up 2.9% of the population.
How many businesses are in ZIP code 59840?
ZIP code 59840 has 749 business establishments employing approximately 6,259 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 59840?
The top industries by establishment count in ZIP 59840 are: Construction (113), Retail trade (105), Health care and social assistance (98). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 59840?
According to the FHFA House Price Index, home values in ZIP 59840 increased by 5.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 280%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 59840?
In ZIP code 59840, 59.7% of residents aged 25+ have a high school diploma or higher, and 31.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 59840?
The mean commute time for workers in ZIP code 59840 is 14.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 59840?
In ZIP code 59840, approximately 70.3% of occupied housing units are owner-occupied and 29.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 59840?
The poverty rate in ZIP code 59840 is 8.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 59840's numbers, next.
- See how ZIP 59840 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Hamilton, MT ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.