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HomeCoverageMontana

Montana commercial real estate data, county by county.

The Census Bureau estimates 1,137,233 residents in Montana on July 1, 2024. Every one of its 56 county-equivalents has a data page built from federal sources, each figure carrying its publisher and the period it describes.

Population, July 1, 2024
1,137,233
Households
458,859
Median household income
$72,509
Gross domestic product, 2025
$82.36 bn
Unemployment rate
3.2 percent

Montana agency publications

What does Montana law require before a site is developed?

Zoning enabling statutes

Montana authorizes county zoning and municipal zoning as separate statutes. When establishing boundaries for zoning districts and adopting zoning regulations, the county must post notice not less than 45 days before the public hearing and publish notice once a week for 2 weeks in a newspaper of general circulation. After the hearing, the county may pass a resolution of intention, published once a week for 2 weeks, followed by a 30 day period for written comments. When amending a zoning regulation, the county must provide notice of a public hearing posted not less than 15 days before the hearing. Municipal zoning may not become effective until after a public hearing at which parties in interest and citizens have an opportunity to be heard.

  • County zoning boundary notice posting period45 days
  • County zoning written comment period30 days
  • County zoning amendment notice posting period15 days

Source: Montana Legislative Services Division, retrieved 26 September 2026.

Growth policy (comprehensive plan)

A growth policy in Montana is not a regulatory document and does not confer any authority to regulate that is not otherwise specifically authorized by law. A governing body may not withhold, deny, or impose conditions on a land use approval based solely on compliance with a growth policy.

Source: Montana Legislative Services Division, retrieved 26 September 2026.

Development impact fee requirements

Montana's impact fee enabling act requires the governmental entity to prepare and approve a service area report for each public facility for which an impact fee is imposed. The capital improvement schedule in that report must cover at least a 5 year period and be reviewed and updated at least every 5 years. Each impact fee must be reasonably related to and reasonably attributable to the development's share of the cost of infrastructure improvements made necessary by the new development, and may not include costs for correction of existing deficiencies.

  • Capital improvement schedule minimum period5 years

Source: Montana Legislative Services Division, retrieved 26 September 2026.

Environmental impact statement requirement

Montana requires agencies of the state to include in each recommendation or report on proposals for projects, programs, and other major actions of state government significantly affecting the quality of Montana's environment a detailed statement. The alternatives analysis or the resulting recommendations may not bind the project sponsor to take a recommended course of action. The department of public service regulation is exempt from this requirement in exercising its regulatory authority over rates and charges of railroads, motor carriers, and public utilities.

Source: Montana Legislative Services Division, amd. Sec. 8, Ch. 246, L. 2025, retrieved 26 September 2026.

Census Bureau population estimates and 2020 Census

How many people live in Montana, and is the population growing?

  • Population, July 1, 20241,137,233
  • Population, April 1, 2020 estimates base1,084,216
  • Change since the 2020 base4.89 percent
  • Rank by population among the 50 states and DC43rd of 51
  • Rank by growth since 2020 among the 50 states and DC10th of 51
  • Share of residents in urban areas, 202053.4 percent

Net domestic and international migration, by year to July 1

  • 2021: domestic +20,539, international +713
  • 2022: domestic +15,661, international +989
  • 2023: domestic +9,110, international +371
  • 2024: domestic +5,410, international +506

Change since 2020 is MMCG Analytics arithmetic on the two published estimates; ranks order the 50 states and the District of Columbia by the published figure; the urban share divides the published urban count by the published total.

US Census Bureau, Population Estimates Program, Vintage 2024. US Census Bureau, 2020 Census Demographic and Housing Characteristics, table P2. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for Montana.

Census Bureau American Community Survey

Who lives in Montana?

  • Households458,859
  • Median household income$72,509
  • Median age40.4 years
  • Residents under 1821.0 percent
  • Residents 65 and over20.1 percent
  • Adults 25 and over with a bachelor's degree or higher35.2 percent
  • Median home value$375,800
  • Median gross rent, per month$1,081

The three shares are MMCG Analytics arithmetic on published counts: the survey's age groups under 18 and 65 and over, and its degree counts, each divided by the published total.

US Census Bureau, American Community Survey 5-year estimates, 2020 to 2024. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for Montana.

Bureau of Labor Statistics, Local Area Unemployment Statistics

How many people are working in Montana?

  • Labor force574,642
  • Employed556,375
  • Unemployed18,267
  • Unemployment rate3.2 percent

US Bureau of Labor Statistics, Local Area Unemployment Statistics, August 2026, preliminary. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for Montana.

Bureau of Economic Analysis, gross domestic product by state

How large is the Montana economy?

  • Gross domestic product, 2025$82.36 bn
  • Gross domestic product, 2024$78.44 bn
  • Gross domestic product, 2023$74.69 bn
  • Gross domestic product, 2022$69.09 bn
  • Gross domestic product, 2021$60.31 bn
  • Rank by 2025 gross domestic product among the 50 states and DC46th of 51

The rank orders the 50 states and the District of Columbia by the published figure.

US Bureau of Economic Analysis, Regional accounts, table SAGDP2, 2021 to 2025. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for Montana.

SBA 7(a) and 504 loan records

How active is SBA lending in Montana?

  • 7(a) loans approved, FY2020 to FY20261,377
  • 7(a) approval dollars, FY2020 to FY2026$720.3 m
  • Rank by 7(a) loan count among the 50 states and DC, FY2020 to FY202642nd of 51
  • 504 loans approved, FY2010 to FY2026562
  • 504 approval dollars, FY2010 to FY2026$389.8 m
  • Rank by 504 loan count among the 50 states and DC, FY2010 to FY202640th of 51

Most active 7(a) lenders, by loans approved, FY2020 to FY2026

  • Glacier Bank: 159 loans
  • The Yellowstone Bank: 116 loans
  • U.S. Bank, National Association: 100 loans
  • Wells Fargo Bank National Association: 78 loans
  • First Interstate Bank: 68 loans

Most active Certified Development Companies, by 504 loans, FY2010 to FY2026

  • Big Sky Economic Development Corporation: 303 loans
  • Capital Matrix, Inc.: 111 loans
  • Dakota Business Lending: 82 loans
  • High Plains Financial, Inc.: 45 loans
  • Mountain West Small Business Finance: 12 loans

Industries with the most 7(a) loans, FY2020 to FY2026

  • Limited-Service Restaurants: 49 loans
  • Full-Service Restaurants: 44 loans
  • Hotels (except Casino Hotels) and Motels: 36 loans
  • Landscaping Services: 32 loans
  • Snack and Nonalcoholic Beverage Bars: 29 loans

Every figure here is MMCG Analytics arithmetic over the SBA's loan-level records whose project state is Montana: counts of records, sums of the gross approval amount, and ranks among the 50 states and the District of Columbia. These are approvals, not disbursements or balances.

US Small Business Administration, 7(a) FOIA loan records, FY2020 to FY2026, records as of 2026-06-30. US Small Business Administration, 504 FOIA loan records, FY2010 to FY2026, records as of 2026-06-30. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for Montana.

FEMA NFIP Community Status Book and EPA radon zones

How do flood insurance and radon screening stand in Montana?

  • Communities participating in the NFIP136
  • Communities earning a Community Rating System discount, classes 1 to 910
  • Counties in EPA radon zone 1, the highest predicted level49
  • Counties in EPA radon zone 27
  • Counties in EPA radon zone 30

Communities by Community Rating System class (class 1 earns the largest discount, class 10 none)

  • Class 6: 1
  • Class 7: 4
  • Class 8: 4
  • Class 9: 1
  • Class 10: 3

Every figure here is MMCG Analytics counting over the agency's own list: FEMA's community rows for the state, and the state's county records by EPA radon zone. Radon zones are county-wide predictions, never a site measurement.

FEMA, NFIP Community Status Book, as of 2026-09-26. US EPA, Map of Radon Zones, 2024-05 publication, EPA 402/A-16/001. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for Montana.

What do jobs in Montana pay, county by county?

  • Combined county product, 2024$78.44 bn
  • Covered employment, summed over counties499,474
  • Average annual pay, weighted by county employment$58,806

The average annual pay of $58,806 is weighted by each county's covered employment, not averaged across counties, so a large labor market counts for more than a small one.

US Bureau of Economic Analysis, Regional, table CAGDP2, through 2024. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. Every figure in this section is computed by MMCG Analytics from the county records on this site.

How many businesses are in Montana?

  • Business establishments, summed over counties42,150
  • Establishments per 1,000 residents of those counties37.7
  • Employment at those establishments402,116
  • Annual payroll$21.25 bn

US Census Bureau, County Business Patterns, 2023. Every figure in this section is computed by MMCG Analytics from the county records on this site.

Building permits in Montana

  • Housing units permitted, summed over counties5,367
  • Permitted construction value$1.35 bn
  • Units permitted per 1,000 households11.7

US Census Bureau, Building Permits Survey, 2024 annual. Every figure in this section is computed by MMCG Analytics from the county records on this site.

SBA loan charge-off rates in Montana

  • 7(a) charge-off rate over resolved loans3.60 percent
  • Resolved 7(a) loans behind that rate360
  • 7(a) loans charged off13
  • 504 charge-off rate over resolved loans0.00 percent
  • Resolved 504 loans behind that rate145
  • 504 loans charged off0

Of the 360 Montana 7(a) loans that have reached a final outcome, 3.60 percent were charged off. The rate is taken over loans resolved in a window starting in FY2020, so it leans toward early outcomes and is not a lifetime loss rate.

Compare against the national and state SBA charge-off rates →

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30. Every figure in this section is computed by MMCG Analytics from the county records on this site.

How large is Montana?

  • Land area, summed over counties145,543 sq mi
  • County-equivalents56
  • People per square mile, county records8

US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. Every figure in this section is computed by MMCG Analytics from the county records on this site.

Which are the largest counties in Montana?

Montana county-equivalents by population, with the figures a site search compares them on
GeographyPopulationMedian incomeEstablishmentsCounty GDPSBA approvals
Yellowstone County168,957$76,5706,060$14.02 bn427
Gallatin County124,074$93,5286,828$11.88 bn365
Missoula County120,672$75,5984,816$9.09 bn177
Flathead County110,695$73,9255,092$7.21 bn260
Cascade County84,606$67,6902,472$5.71 bn131
Lewis and Clark County73,464$78,2372,603$5.69 bn118
Ravalli County46,727$71,2831,715$1.93 bn56
Silver Bow County35,785$61,7541,208$2.22 bn23
Lake County32,561$63,360991$1.35 bn62
Lincoln County21,175$47,143671$880.5 m12

Counties

All 56 Montana county-equivalents, resolved locally.

Montana counties: population, income, establishments and SBA activity
GeographyPopulationMedian incomeEstablishmentsCounty GDPSBA approvalsLand area, sq mi
Beaverhead County9,713$61,268399$672.5 m105,542
Big Horn County12,891$58,750181$1.29 bn54,995
Blaine County6,949$64,813135$227.4 m84,228
Broadwater County7,668$70,374207$306.5 m51,193
Carbon County11,116$80,261474$523.7 m372,049
Carter County1,308$54,16728$92.1 mNone recorded3,341
Cascade County84,606$67,6902,472$5.71 bn1312,698
Chouteau County5,906$58,218153$292.5 m63,972
Custer County11,961$70,605454$695.6 m163,783
Daniels County1,494$55,62576$122.6 m31,426
Dawson County8,827$71,334295$515.1 m102,372
Deer Lodge County9,597$57,527312$431.3 m6737
Fallon County2,760$76,250127$223.5 m31,621
Fergus County11,687$63,706444$776.7 m154,340
Flathead County110,695$73,9255,092$7.21 bn2605,088
Gallatin County124,074$93,5286,828$11.88 bn3652,603
Garfield County1,094$69,58329$43.0 mNone recorded4,675
Glacier County13,637$46,875230$649.7 m22,996
Golden Valley County899$58,33310$32.9 mNone recorded1,175
Granite County3,462$59,265119$165.8 m51,727
Hill County16,155$52,798493$925.3 m52,899
Jefferson County12,774$95,490342$392.8 m191,656
Judith Basin County2,071$59,00060$138.6 m11,870
Lake County32,561$63,360991$1.35 bn621,490
Lewis and Clark County73,464$78,2372,603$5.69 bn1183,459
Liberty County1,952$57,85769$323.8 m21,430
Lincoln County21,175$47,143671$880.5 m123,613
Madison County9,223$75,250427$651.0 m63,587
McCone County1,670$69,37557$150.8 m12,643
Meagher County2,007$71,93293$89.7 m42,392
Mineral County4,959$63,450144$163.6 m41,219
Missoula County120,672$75,5984,816$9.09 bn1772,593
Musselshell County5,152$58,920118$513.9 m11,868
Park County17,710$70,047943$898.9 m272,803
Petroleum County447$60,20811$22.7 mNone recorded1,655
Phillips County4,221$53,417135$163.8 m75,140
Pondera County6,035$52,338182$302.1 m51,623
Powder River County1,815$67,04568$153.1 m23,297
Powell County7,053$66,923176$356.5 m12,326
Prairie County1,250$51,25035$62.1 mNone recorded1,737
Ravalli County46,727$71,2831,715$1.93 bn562,391
Richland County11,235$73,084498$1.19 bn202,084
Roosevelt County10,526$57,063206$549.3 m52,355
Rosebud County8,165$49,914178$1.08 bn75,010
Sanders County13,285$57,476394$552.2 m142,761
Sheridan County3,669$70,147152$240.8 m21,677
Silver Bow County35,785$61,7541,208$2.22 bn23718
Stillwater County9,182$84,732263$725.1 m141,795
Sweet Grass County3,720$77,000187$314.8 m61,855
Teton County6,353$70,430232$299.9 m42,272
Toole County5,061$57,731174$488.9 m21,916
Treasure County732$67,91717$107.7 mNone recorded977
Valley County7,519$71,695276$394.0 m154,926
Wheatland County2,056$49,48960$107.4 m11,423
Wibaux County1,193$67,46231$59.2 m2889
Yellowstone County168,957$76,5706,060$14.02 bn4272,633

A statement appears on this page only where a published document, or arithmetic over published data, supports it. How this page was built →

Questions

Montana questions, answered from this page.

What is the population of Montana?

The Census Bureau estimates 1,137,233 residents on July 1, 2024 (Population Estimates Program, Vintage 2024).

What is the unemployment rate in Montana?

3.2 percent in August 2026, preliminary, seasonally adjusted, as published by the Bureau of Labor Statistics.

How many SBA 7(a) loans were approved in Montana?

1,377 loans with a project in Montana, counted by MMCG Analytics from the SBA's 7(a) loan records, FY2020 to FY2026, records as of 2026-06-30.

How many counties does Montana have?

56. Each has a page on this site covering population, income, business establishments, employment and wages, building permits, SBA lending and hazard records.

The register

Every source behind this page and its 56 county pages.

SourcePeriod coveredLicense
US Census Bureau, Population Estimates Program, Vintage 2024, state totals (NST-EST2024-ALLDATA)Vintage 2024Public domain
US Census Bureau, American Community Survey 5-year estimates, state tables B01001, B01002, B01003, B11001, B15003, B19013, B25064, B250772020 to 2024, 5-yearPublic domain
US Census Bureau, 2020 Census Demographic and Housing Characteristics File, table P2, urban and rural2020 CensusPublic domain
US Bureau of Economic Analysis, Regional accounts, table SAGDP2, gross domestic product by state, millions of current dollars2021 to 2025Public domain
US Bureau of Labor Statistics, Local Area Unemployment Statistics, statewide series, seasonally adjustedAugust 2026, preliminaryPublic domain
US Small Business Administration, 7(a) FOIA loan-level dataFY2020 to FY2026, records as of 2026-06-30Public domain
US Small Business Administration, 504 FOIA loan-level dataFY2010 to FY2026, records as of 2026-06-30Public domain
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA NfipCommunityStatusBook)as of 2026-09-26Public domain
US Environmental Protection Agency, Map of Radon Zones, county list2024-05 publication, EPA 402/A-16/001Public domain
US Bureau of Economic Analysis, Regional, table CAGDP2CAGDP2, through 2024Public domain
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary verticesTIGER county boundariesPublic domain
US Census Bureau, County Business Patterns2023Public domain
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages2024 annual averagesPublic domain
US Census Bureau, Building Permits Survey2024 annualPublic domain
US Internal Revenue Service, Statistics of Income county migration flows2021 to 2022 filing yearsPublic domain