Wisdom was named for the Wisdom River, which is now named the Big Hole River, that passes through the town.
Geography
Wisdom is located at . According to the United States Census Bureau, the CDP has a total area of, of which is land and, or 0.82%, is water. Wisdom's average elevation is, about 1.2 miles above sea level.
Climate
Wisdom, owing to its high altitude and northerly location, has a subalpine climate with long, cold, dry winters and short summers with very warm afternoons and cold, clear mornings. With over 277 mornings each year below freezing and only July ever completely frost-free, Wisdom is in terms of frequency of frost one of the coldest places in the United States. During major cold waves, Wisdom’s location in an enclosed valley can make for exceptionally cold temperatures: was reached during a great cold wave on December 23, 1983, and has been reached during seven years, though not since February 4, 1989. Typically there are 47 mornings falling to or below, and as many as seven fall as low as, whilst 69.8 afternoons do not top freezing, a tally twice as large as central Montana areas affected by warm chinook winds. Minimum temperatures during spring do not typically stay above freezing until well into June, although the average last spring ice day date is April 1 and the first fall ice day November 1. Low winter precipitation limits both snowfall and snow depth: the annual mean fall is, and the mean peak snow cover, with the most snow on the ground being on January 2, 1943. Snow cover is usually gone by the end of March, and despite occasional light snowfalls in May, snow on the ground in that month has not been recorded since 1953. Precipitation is heaviest during the spring, but the enclosed valley location means most moisture is always captured before reaching Wisdom: the wettest month since records began in 1923 has been May 1981 with, whilst the wettest calendar year has been 1967 with and the driest 1974 when only fell. Although summer nights are chilly and even frosty, days can be very warm or even hot, although only 1.3 afternoons typically rise above and has never been recorded: Wisdom’s hottest temperature is on July 13, 2002, and the hottest minimum on July 23, 1936. On average only two mornings remain above each summer, and Wisdom has never recorded so high a minimum between October 20 and May 4 inclusive. By the end of August mornings fall to freezing in five-eighths of all years, and in seven-eighths by the end of September, with the weather continuing to cool into winter with the first minimum under zero expected on November 10.
As of the 2000 census, there were 114 people, 61 households, and 32 families residing in the CDP. The population density was 120.0 people per square mile. There were 88 housing units at an average density of 92.7 per square mile. The racial makeup of the CDP was 96.49% White, 1.75% Native American, 1.75% from other races. Hispanic or Latino of any race were 1.75% of the population. There were 61 households out of which 11.5% had children under the age of 18 living with them, 47.5% were married couplesliving together, 1.6% had a female householder with no husband present, and 47.5% were non-families. It is unknown how many male householders with no wife present existed. 41.0% of all households were made up of individuals and 11.5% had someone living alone who was 65 years of age or older. The average household size was 1.85 and the average family size was 2.47. In the CDP, the population dispersal was 12.3% under the age of 18, 4.4% from 18 to 24, 28.9% from 25 to 44, 43.0% from 45 to 64, and 11.4% who were 65 years of age or older. The median age was 49 years. For every 100 females, there were 103.6 males. For every 100 females age 18 and over, there were 122.2 males. The median income for a household in the CDP was $24,583, and the median income for a family was $41,875. Males had a median income of $27,500 versus $21,406 for females. The per capita income for the CDP was $18,172. There were 11.1% of families and 12.9% of the population living below the poverty line, including no under eighteens and 33.3% of those over 64.