Colstrip is located in southeast Montana. Colstrip is part of Rosebud County. Colstrip has 4.47 square miles of land area and has no water area. As of 2010-2014, the total Colstrip population is 2,243, which has shrunk 4.39% since 2000. The population growth rate is much lower than the state average rate of 11.55% and is much lower than the national average rate of 11.61%. Colstrip median household income is $82,303 in 2010-2014 and has grown by 47.89% since 2000. The income growth rate is higher than the state average rate of 41.61% and is much higher than the national average rate of 27.36%. Colstrip median house value is $138,400 in 2010-2014 and has grown by 83.55% since 2000. The house value growth rate is lower than the state average rate of 88.54% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Colstrip is better than the state average in quality. The Colstrip area code is 406.