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The total population of Red Lodge is estimated to be 2,321 with 1,079 males (46.49%) and 1,242 females (53.51%). There are 163 more females than males in Red Lodge.
The median household income in Red Lodge was $51,589 in 2021, which marked an a decrease of 4,259(7.63%) from $55,848 in 2020. This income is 69.15% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Red Lodge sees its highest median household income among householders in the age group of 25 to 44 years old, at $65,305. Overall, the median household income for the city of Red Lodge stands at $51,589.
In Red Lodge, the median income for all workers aged 15 years and older, regardless of work hours, was $40,422 for males and $28,578 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,872 for males and $36,561 for females.
In Red Lodge, population is primarily represented by White households, reporting a median income of $56,932.
In 2022, the population of Red Lodge was 2,510, a 5.46% increase year-by-year from 2021. Previously, in 2021, Red Lodge's population was 2,380, an increase of 4.85% compared to a population of 2,270 in 2020.
The median age in Red Lodge, MT is 51.9, as per 2021 ACS 5-Year Estimates. Of the total population, 15.35% were under the age of 15, 8.86% aged 15 to 29, 52.17% aged 30 to 64, 19.83% aged 65 to 84, and 3.79% were 85 years of age and older.
Racial distribution of Red Lodge population: 92.37% are White, 2.26% are Black or African American, 0.30% are American Indian and Alaska Native, 2.17% are Asian, 1.48% are some other race and 1.43% are multiracial.