Lolo Montana Vlog
Автор: LIVING IN MISSOULA MONTANA
Загружено: 2023-11-08
Просмотров: 1311
Are you thinking about making the move to Lolo, the charming suburb just south of Missoula, Montana? In this comprehensive guide, I'll provide you with a detailed overview of what to expect in Lolo, including its demographics, housing market, education, safety, amenities, and the pros and cons of living in this picturesque town. Explore the wonders of living in Lolo, Montana.
Lolo is conveniently situated at the crossroads of U.S. Routes 12 and 93, nestled in the northern end of the Bitterroot Valley near the Montana-Idaho border and Lolo Pass. It's home to approximately 4,000 residents across 1,500 households. The town covers a total area of 9.7 square miles, with the vast majority being land. Demographically, Lolo boasts a balanced age distribution, with 30% under the age of 18, 59% adults aged 18-65, and 11% seniors aged 65 and above. The gender ratio is almost evenly split at around 50:50.
Lolo's housing market offers a median home value of $579,900, translating to just under $300 per square foot. The median home price has seen a slight increase from the previous year. While Lolo's housing costs are higher than some of Missoula's other suburbs, such as Frenchtown and Florence, the town predominantly consists of single-family homes, providing a suburban atmosphere. A substantial 80% of Lolo's residents own their homes.
The median household income in Lolo is approximately $62,600, and the community sustains a diverse economy, with healthcare (18%), retail trade (14%), education (12%), and construction (10%) serving as the leading industries.
The nearest hospital to Lolo is Community Hospital, located at the south end of Missoula, which is a 15-20 minute drive from Lolo. The town offers several coffee kiosks, with Montana Joe being a personal favorite. Additionally, there is a supermarket (Harvest Foods), a pharmacy (Lolo Drug), and various fast-food options such as McDonald's, Subway, Pizza Hut, and Dairy Queen.
Lolo is an outdoor enthusiast's paradise, with over 50% of its area dedicated to open spaces, parks, and trails. A remarkable 70% of residents actively engage in outdoor recreational activities, contributing to a healthy, active lifestyle. Notable landmarks include Travelers' Rest State Park, where Lewis and Clark camped in 1805, and the town's location at the confluence of Lolo Creek and the Bitterroot River, with the stunning Bitterroot Mountains to the northwest.
Now, let's touch upon a major con of living in Lolo. The town falls under Missoula County, which can make building or renovating a property more challenging compared to neighboring counties, such as Ravalli County. Additionally, property taxes in Missoula County are higher, with a tax rate of 1.35% compared to Ravalli County's rate of 0.59%. This significant difference can result in thousands of dollars in additional expenses each year.
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Diana Filkins Missoula Real Estate Agent, Brokered by eXp Realty LLC
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