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Shepherd, Montana: commercial real estate data.

Shepherd is a Census CDP of 353 people across 2.22 square miles of land, in Yellowstone County. Median household income is $80,125, 100.0 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $500,000 since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

This is a small place, and the figures below carry wide margins.

The American Community Survey reaches Shepherd through a sample, not a count, and in a place this size that sample is thin. The population estimate here is 353 with a margin of error of plus or minus 179, which is 50.7 percent of the estimate itself. Every figure whose margin reaches 20 percent is printed with that margin beside it, so you can see the width of each one rather than having to assume it.

Nothing has been removed or adjusted. These are the published federal estimates, shown with the uncertainty the Census publishes alongside them.

Shepherd

What Shepherd is

  • Census place typeCDP
  • Land area2.22 sq mi
  • Water area0 sq mi
  • Population per square mile of land159 plus or minus 80
  • County holding the largest share of its areaYellowstone 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.

Shepherd

How many people live in Shepherd

  • Population353 plus or minus 179
  • Median age47.5 plus or minus 11.3
  • Population under 1885 plus or minus 49
  • Share under 1824.1 percent plus or minus 6.6
  • Population 65 and over52 plus or minus 39
  • Share 65 and over14.7 percent plus or minus 8.2
  • Households183 plus or minus 100
  • Family households108 plus or minus 86
  • Share of households that are families59.0 percent plus or minus 34.2

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Shepherd

Income and work in Shepherd

  • Median household income$80,125 plus or minus $76,195
  • Per capita income$43,755 plus or minus $22,166
  • Civilian labor force201 plus or minus 143
  • Employed189 plus or minus 141
  • Unemployed12 plus or minus 21
  • Unemployment rate6.0 percent plus or minus 9.5
  • Adults 25 and over268 plus or minus 147
  • Adults 25 and over with a high school diploma or higher97.4 percent plus or minus 72.7
  • Adults 25 and over with a bachelor degree or higher30.6 percent plus or minus 29.4
  • Adults 25 and over with a graduate degree0.0 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Shepherd

Housing in Shepherd

  • Housing units183 plus or minus 100
  • Occupied units183 plus or minus 100
  • Vacant units0
  • Vacancy rate0.0 percent
  • Owner occupied183 plus or minus 100
  • Renter occupied0
  • Ownership rate100.0 percent
  • Median owner-occupied home value$114,400 plus or minus $101,445
  • Single family units72 plus or minus 41
  • Share single family39.3 percent
  • Units in buildings of two or more0
  • Share in buildings of two or more0.0 percent
  • Mobile homes111 plus or minus 94
  • Median year structure built1990

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Shepherd

How Shepherd gets to work

  • Workers 16 and over who commute124 plus or minus 76
  • Commuting under 15 minutes0
  • Share commuting under 15 minutes0.0 percent
  • Commuting 30 minutes or more45 plus or minus 30
  • Share commuting 30 minutes or more36.3 percent plus or minus 8.6
  • Drove alone67.0 percent plus or minus 65.6
  • Carpooled0.0 percent
  • Public transport0.0 percent
  • Walked0.0 percent
  • Worked from home33.0 percent plus or minus 37.8

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Shepherd

SBA loans in Shepherd (7(a))

  • Approvals1
  • Gross approval$500,000
  • Average approval$500,000
  • Median approval$500,000
  • Largest approval$500,000
  • Jobs supported10
  • Jobs per approval10.0
  • Loans with a final outcome0
  • Paid in full0
  • Charged off0
  • Median term120 months
  • Share on real estate terms of 20 years or more0.0 percent
  • Share to franchises0.0 percent
  • Distinct lenders1
  • Distinct industries by NAICS1

Counted by borrower city: approvals to borrowers whose address is in Shepherd, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Yellowstone County, not Shepherd

Yellowstone County context, not Shepherd figures

  • Establishments in Yellowstone County6,060
  • Covered employment, Yellowstone County87,348
  • Average annual pay, Yellowstone County$62,688
  • Housing units permitted, Yellowstone County1,473

Every figure in this section is published for Yellowstone County as a whole and is not a measurement of Shepherd.

All Yellowstone County figures →

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.

Coverage

What this page does not hold.

Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →

Common questions

Shepherd questions, answered from the record.

How many people live in Shepherd, Montana?

353, in 183 households. Shepherd CDP covers 2.22 square miles of land, which is 159 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Shepherd in?

Yellowstone 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 Shepherd?

$80,125. The median owner-occupied home is valued at $114,400. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Shepherd businesses?

1 7(a) approvals totaling $500,000 since FY2020, across 1 lenders, median approval $500,000. These count approvals to borrowers whose address is in Shepherd, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Shepherd borrowers get paid back?

No rate is published for Shepherd. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.

Are the county figures on this page Shepherd figures?

No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Yellowstone 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 Shepherd.

Is zoning published for Shepherd?

No. Nothing on this page presents parcel level zoning.