Montana’s Median Income Trails Behind All Neighboring States

For a lot of people, making a living in Montana isn't an easy thing to do; with the cost of goods rising these days, it may be even more difficult for some Montanans to make ends meet.

There has been some good news for Montanans lately, the price of gasoline has been dropping.

When it comes to working in Montana there is one profession that stands out above some of the others. This is a great place to live and work, especially if you are a doctor.

Not everyone in Montana has the salary of a doctor. When it comes to our median income, Montana doesn't rank very high. In fact, we have the lowest median income in the entire Northwest.

According to USAfacts.org, using U.S. Census Bureau statistics, Montana's median income is below the national average. The national median household income in 2023 was $77,700. After adjusting for inflation, that was a drop from the year before, which was $77,800.

Montana's Median Household Income is $70,800

Montana's household median income is $70,800, almost $7,000 below the national average and also below all of our neighboring states.

Out of our neighbors, the closest household median income to Montana is South Dakota, with a median household income of $71,800. The highest median income is found in North Dakota at $76,500.

Montana is full of hard working people who love to live here. Many of them could make a higher wage living somewhere else, but for a lot of people a higher wage isn't enough to call somewhere else home.