59003, Ashland, MT

The 59003 zip code of Ashland, MT is located in the southwestern corner of the state and includes a mix of rural and suburban areas. According to the 2010 U.S. Census, the median household income in this zip code is $50,000, which is significantly lower than the statewide median income of $60,000. The percentage of households earning less than $25,000 is also high at 36%. However, despite these socioeconomic challenges, home prices in this zip code are relatively high when compared to other parts of Montana.

As of March 2016, the median home price in this zip code was $173,500. This represents a 16% increase from the median home price in March 2015 (which was $158,500). In comparison, the statewide median home price increased by only 4% during this same time period. This indicates that there is strong demand for homes in Ashland – even among those who may not have access to higher-income areas.

One potential explanation for this trend may be Ashland's proximity to Bozeman – one of Montana's most popular cities. Bozeman has a large population and many job opportunities – which could lead to increased demand for homes in Ashland as well. Additionally, although housing prices tend to rise faster in larger cities (due to greater supply), there seems to be considerable demand for homes in Ashland nonetheless. This suggests that there are many reasons why home prices here are higher than average – even when taking into account socioeconomic factors like income level and location.