Shepherd is located in Yellowstone county Montana with a geographic area of 2.2 square miles. The total population in Shepherd is 944 with 50.5% male and 49.5% female. Children under age 5 represent 12.2% of the population, under age 18 equal 36.1% of the population and over age 65 is 7.1% of the population. The median household income is $130,000, per capita income is $38,755. There are a total of 320 housing units with 87.2% owner occupied. Education includes 19.4% of residents that are high school graduates and 45.9% with a bachelor's degree or higher. The average temperature in Shepherd in the summer is 69 degrees, and in the winter 27 degrees.