Shepherd is located close to the center of Montana. Shepherd is part of Yellowstone County. Shepherd has 2.22 square miles of land area and has no water area. As of 2010-2014, the total Shepherd population is 766, which has grown 296.89% since 2000. The population growth rate is much higher than the state average rate of 11.55% and is much higher than the national average rate of 11.61%. Shepherd median household income is $49,432 in 2010-2014 and has grown by 58.18% 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%. Shepherd median house value is $112,200 in 2010-2014 and has grown by 28.23% since 2000. The house value growth rate is much lower than the state average rate of 88.54% and is much lower 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 Shepherd is better than the state average in quality. The Shepherd area code is 406.