Emigrant, Montana.
Typical home $783,770 (+5.4% in a year).
to buy the typical home at today's mortgage rate — +$2,448 (+147%) since Jan 2020.
- 1 year
- Up $39,895 +5%
- $743,875$783,770 since Sep 2025
- 5 years
- Up $114,460 +17%
- $669,310$783,770 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Emigrant$4,114
- Montana$2,453
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 22 years.
Typical home values in Emigrant, MT rose 5.4% over the past year — faster than the nation's +1.2%.
Living in Emigrant, Park County, Montana
Emigrant, in Park County, had 465 people in the 2020 census. Unemployment in Park County was 2.1% in August 2026, and the county had 2.6% more jobs in 2025 than the year before. The most people in Park County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Emigrant is a very small community, with a population well below that of most American towns. Homes here are priced well above what is typical across Park County, and household incomes across the county are modest by comparison. Winters are cold, with the coldest days in December staying below freezing, and summers are warm in July. Snowfall is heavy through the cold months, while the year's total of rain and melted snow is light.
Work. Many residents work in schools, hospitals and social care, in professional and business services, in restaurants, hotels and entertainment, or in the building trades. Across Park County, some of the largest workplaces are Livingston Healthcare, Diamond Rock Hospitality and the Livingston Elementary schools. The usual commute is a long one, and only a small share of people work from home. Unemployment across the county is low, and the county has added jobs over the past year.
Things to do. Heather Lake is a lake a short drive away. Farther afield, Gallatin National Forest is a protected area, Hyalite Reservoir is a reservoir for time on the water, and the Museum of the Rockies is a museum, each a longer drive away.
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- 35 mintypical commute
- 6%work from home
What people in Park County work in
Employed residents by industry, from the Census survey. Park County had 7,396 jobs in 2025, 2.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 34° and lows near 20°; warmest in July, with highs near 82° and lows near 52°. About 63 inches of snow and 16 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Livingston South weather station, 12 miles away (NOAA).
Largest workplaces in Park County
- Livingston HealthcareCritical access hospital310FTE
- PFL TechBusiness services205
- Diamond Rock HospitalityHotels, resort, without casinos155
- Livingston Elem SchoolsSchool district126FTE
- AlbertsonsSupermarkets and other grocery stores122
- Park H S SchoolsSchool district61FTE
- Ranch and Home SupplyRetail46
- Total Electric ofElectrical contractors45
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 12 workplaces with 20 or more staff, 1,259 people in all across the county; Emigrant has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireVery high
- AvalanchesVery high
- Winter weatherVery high
- LightningVery high
- Inland floodingVery high
- Cold wavesVery high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Emigrant’s census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Park County.
Emigrant home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Emigrant$783,770
- Montana$467,275
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Emigrant8
Zip codes with a Emigrant address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Emigrant — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.