HomeMontanaCarbon CountyRed Lodge city
Red Lodge city, Montana: commercial real estate data.
Red Lodge city is a Census city of 2,502 people across 2.71 square miles of land, in Carbon County. Median household income is $55,750, 66.2 percent of occupied homes are owned, and the SBA record carries 20 7(a) approvals to borrowers here worth $7.0 m.
77 sourced place values · tier FULL · 8 sections
Red Lodge
What Red Lodge is
- Census place typecity
- Land area2.71 sq mi
- Water area0 sq mi
- Population per square mile of land922 plus or minus 269
- County holding the largest share of its areaCarbon County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Lodge
How many people live in Red Lodge
- Population2,502 plus or minus 731
- Median age59.7
- Population under 18288 plus or minus 164
- Share under 1811.5 percent plus or minus 5.6
- Population 65 and over845 plus or minus 230
- Share 65 and over33.8 percent plus or minus 13.5
- Households1,389 plus or minus 581
- Family households530 plus or minus 260
- Share of households that are families38.2 percent plus or minus 9.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Lodge
Income and work in Red Lodge
- Median household income$55,750 plus or minus $42,988
- Per capita income$52,568 plus or minus $14,647
- Civilian labor force1,304 plus or minus 371
- Employed1,267 plus or minus 358
- Unemployed37 plus or minus 54
- Unemployment rate2.8 percent plus or minus 4.1
- Adults 25 and over2,170 plus or minus 626
- Adults 25 and over with a high school diploma or higher96.1 percent plus or minus 34.4
- Adults 25 and over with a bachelor degree or higher46.3 percent
- Adults 25 and over with a graduate degree17.7 percent plus or minus 10.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Lodge
Housing in Red Lodge
- Housing units2,012 plus or minus 598
- Occupied units1,389 plus or minus 581
- Vacant units623 plus or minus 138
- Vacancy rate31.0 percent plus or minus 11.5
- Owner occupied919 plus or minus 407
- Renter occupied470 plus or minus 261
- Ownership rate66.2 percent
- Median owner-occupied home value$380,700 plus or minus $142,690
- Median gross rent, monthly$717 plus or minus $285
- Annual rent as a share of median income15.4 percent plus or minus 13.4
- Single family units1,493 plus or minus 479
- Share single family74.2 percent
- Units in buildings of two or more514 plus or minus 185
- Share in buildings of two or more25.5 percent plus or minus 5.2
- Mobile homes5 plus or minus 16
- Median year structure built1960
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Lodge
How Red Lodge gets to work
- Workers 16 and over who commute1,144 plus or minus 298
- Commuting under 15 minutes870 plus or minus 291
- Share commuting under 15 minutes76.0 percent plus or minus 15.9
- Commuting 30 minutes or more254 plus or minus 117
- Share commuting 30 minutes or more22.2 percent plus or minus 8.5
- Drove alone61.7 percent plus or minus 12.4
- Carpooled5.8 percent plus or minus 4.7
- Public transport9.5 percent plus or minus 4.2
- Walked9.1 percent plus or minus 7.0
- Worked from home7.7 percent plus or minus 7.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Red Lodge
SBA 7(a) lending to Red Lodge borrowers
- Approvals20
- Gross approval$7,039,100
- Average approval$351,955
- Median approval$279,500
- Ninetieth percentile approval$891,800
- Largest approval$1,800,000
- Jobs supported208
- Jobs per approval10.4
- Loans with a final outcome10
- Paid in full10
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term91 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS12
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Red Lodge
SBA 504 lending to Red Lodge borrowers
- Approvals2
- Gross approval$750,000
- Average approval$375,000
- Median approval$519,000
- Largest approval$519,000
- Jobs supported7
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Carbon County, not Red Lodge
Carbon County context, not Red Lodge figures
These are Carbon County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Red Lodge measurements.
- Establishments in Carbon County474
- Employment at those establishments, Carbon County2,373
- Covered employment, Carbon County3,052
- Average annual pay, Carbon County$47,497
- Average weekly wage, Carbon County$913
- Housing units permitted, Carbon County52
- Of those, single family, Carbon County46
- County product, 2024, Carbon County$523,704,000
- County product change over the prior year, Carbon County7.4 percent
- Average income of an arriving household, Carbon County$105,858
Every figure in this section is published for Carbon County as a whole and is not a measurement of Red Lodge. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Red Lodge questions, answered from the record.
How many people live in Red Lodge, Montana?
2,502, in 1,389 households. Red Lodge city covers 2.71 square miles of land, which is 922 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Red Lodge in?
Carbon County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Red Lodge?
$55,750. The median owner-occupied home is valued at $380,700. Median gross rent is $717 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Red Lodge businesses?
20 7(a) approvals totalling $7.0 m, across 4 lenders, median approval $279,500, plus 2 504 approvals worth $750,000. These count approvals to borrowers whose address is in Red Lodge, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Red Lodge borrowers get paid back?
Of the 10 loans that have reached a final outcome, 10 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Red Lodge figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Carbon County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Red Lodge.
Is zoning published for Red Lodge?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.