Broadwater County, Montana: commercial real estate data.
Broadwater County, Montana had an estimated 8,302 residents on July 1, 2024, up 22.5 percent since the 2020 census base of 6,778, across 1,193 square miles. County output reached $306.5 m in 2024, 207 establishments operate here, and the SBA record carries 3 7(a) approvals worth $1.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Broadwater County
How many people live in Broadwater County
- Population, American Community Survey 2020-20247,668
- Households2,822
- Average household size2.72
- Median household income$70,374
- Median age45.9
- Median gross rent$955 per month
- Median owner-occupied home value$426,600
- Home value to household income6.1 times
- Annual rent as a share of median income16.3 percent
- Adults 25 and over with a bachelor degree or higher27.3 percent
- Adults 25 and over with a graduate degree5.7 percent
- Adults 25 and over5,736
- Population under 181,526
- Share under 1819.9 percent
- Population 65 and over1,782
- Share 65 and over23.2 percent
- Working age population, 18 to 644,360
- Civilian labor force3,960
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over64.5 percent
- Rank by population among Montana counties28th of 56
- Rank by population among US county-equivalents, Puerto Rico included2676th of 3,222
Broadwater County is the 28th largest of 56 Montana counties by population. A median home costs 6.1 times median household income, which is severely unaffordable by national standards. Residents 65 and over outnumber those under 18, at 23.2 percent against 19.9 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Broadwater County
Is Broadwater County's population growing?
- Population, July 1, 20248,302
- Census 2020 base population6,778
- Population change since the 2020 census base22.48 percent
- Population change, 2023 to 2024239
- Births, 202476
- Deaths, 202465
- Natural change, 202411
- Net domestic migration, 2024231
- Net international migration, 20240
- Total net migration, 2024231
- Cumulative net domestic migration, 2021 to 20241,399
- Rank by growth among US county-equivalents10th of 3,144
The county has grown 22.48 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Broadwater County
Where are people moving to Broadwater County from?
- Tax returns filed by households arriving371
- People arriving, from those returns749
- Tax returns filed by households leaving194
- Net household movement177
- Adjusted gross income arriving$30.3 m
- Net adjusted gross income movement$17.8 m
- Average income of an arriving household$81,730
- Average income of a leaving household$64,335
- Largest single originGallatin County (141 households)
- Largest single destinationLewis and Clark County (44 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Gallatin County | 141 | 291 | $12.2 m |
| Lewis and Clark County | 49 | 75 | $2.6 m |
Households arriving report $17,395 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Gallatin County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Broadwater County
What is the Broadwater County economy?
- County GDP, 2024$306.5 m
- County GDP, 2023$285.9 m
- GDP change, 2023 to 20247.2 percent
- GDP change over five years57.5 percent
- Rank by GDP among the Montana areas BEA publishes34th of 56
- Rank by GDP among the US county areas BEA publishes2692nd of 3,127
- GDP per resident$39,972
Output grew 7.2 percent in the latest year and 57.5 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Broadwater County
Employment by industry in Broadwater County
- Covered employment, annual average1,490
- Establishments reporting263
- Average annual pay$45,076
- Average weekly wage$867
- Accommodation and food services, employment273
- Accommodation and food services, average annual pay$19,446
- Retail trade, employment178
- Retail trade, average annual pay$35,230
- Manufacturing, employment146
- Manufacturing, average annual pay$45,354
- Construction, employment136
- Construction, average annual pay$56,447
- Wholesale trade, employment67
- Professional, scientific and technical services, employment59
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Accommodation and food services | 273 | 22 | $19,446 |
| Retail trade | 178 | 22 | $35,230 |
| Manufacturing | 146 | 14 | $45,354 |
| Construction | 136 | 53 | $56,447 |
| Wholesale trade | 67 | 14 | $53,970 |
| Professional, scientific and technical services | 59 | 24 | $66,517 |
| Other services, except public administration | 38 | 16 | $35,326 |
| Arts, entertainment and recreation | 15 | 6 | $19,484 |
Accommodation and food services is the largest private sector at 273 jobs, 18.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Broadwater County
How many businesses are in Broadwater County?
- Establishments, all industries207
- Employment at those establishments1,114
- Annual payroll$45.6 m
- Establishments per 1,000 residents27.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Broadwater County
Building permits in Broadwater County
- Housing units authorized by permit, 202411
- Declared construction value permitted$4.6 m
- Single family units authorized11
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$416,234
- Units authorized per 1,000 households3.9
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Broadwater County
SBA loans in Broadwater County (7(a) and 504)
- 7(a) approvals recorded3
- 7(a) gross approval dollars$1.8 m
- Average 7(a) approval$610,500
- Median 7(a) approval$485,000
- Largest single approval$1,120,000
- Jobs reported supported, 7(a)16
- Jobs per approval5.3
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer66.7 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded2
- 504 gross approval dollars$429,000
- Average 504 approval$214,500
- Median 504 approval$214,500
- Distinct CDCs active1
- 504 jobs per approval7.5
- 504 jobs per million dollars approved35.0
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$2.3 m
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.
Broadwater County
SBA loan default and charge-off rates in Broadwater County
Do SBA loans in Broadwater County get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure1
Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Broadwater County
SBA lending by place in Broadwater County
- Borrower cities with recorded lending2
- Townsend, approvals2
- Three Forks, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Townsend | 2 | $1,346,500 |
| Three Forks | 1 | $485,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Broadwater County
How large is Broadwater County?
- Land area1,193 sq mi
- Rank by land area among Montana counties51st of 56
- Width, east to west34.9 mi
- Height, north to south64.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land6
- Establishments per square mile0.17
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. US Census Bureau, County Business Patterns, 2023.
Broadwater County
Flood risk in Broadwater County
- Participation of the county's own NFIP community Broadwater County, unincorporated areasParticipating, community 300145
- Communities in the county in the NFIP Community Status Book2
- Of those, participating in the NFIP2
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Broadwater County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Broadwater County (community 300145), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Broadwater County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Broadwater County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Broadwater County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20247,668
- Households2,822
- Average household size2.72
- Median household income$70,374
- Median age45.9
Common questions
Broadwater County questions, answered from the record.
How many people live in Broadwater County, Montana?
The Census Bureau estimates 8,302 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 7,668, in 2,822 households, ranking 28th of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Broadwater County's population growing?
The population has grown 22.48 percent since the 2020 census base of 6,778, to 8,302 on July 1, 2024. In 2024 there were 76 births against 65 deaths, with net migration of 231. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Broadwater County?
$70,374. The median owner-occupied home is valued at $426,600, which is 6.1 times income, and median gross rent is $955 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Broadwater County?
207 establishments, employing 1,114 people with an annual payroll of $45.6 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Broadwater County?
Accommodation and food services is the largest private sector at 273 jobs, 18.3 percent of covered employment. Covered employment averages 1,490 jobs at an average annual pay of $45,076, or $867 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Broadwater County?
3 7(a) approvals totaling $1.8 m since FY2020, across 3 lenders, with a median approval of $485,000, plus 2 504 approvals worth $429,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Broadwater County?
11 housing units were authorized by permit in 2024, with a declared construction value of $4.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Broadwater County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Broadwater County come from?
The largest single origin is Gallatin County, with 141 households. Arriving households report an average income of $81,730 against $64,335 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Broadwater County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Broadwater County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Broadwater County
Cities and places in Broadwater.
7 Census places lie wholly or partly in Broadwater County. All 7 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Townsend | city | 1,967 | 2 | Wholly in this county |
| Wheatland | CDP | 1,661 | None recorded | Wholly in this county |
| Spokane Creek | CDP | 740 | None recorded | Wholly in this county |
| The Silos | CDP | 579 | None recorded | Wholly in this county |
| Toston | CDP | 368 | None recorded | Wholly in this county |
| Winston | CDP | 81 | None recorded | Wholly in this county |
| Radersburg | CDP | 35 | None recorded | Wholly in this county |
A further 1 of the county's 3 SBA 7(a) approvals are to borrowers in cities that match no Census place in Broadwater County, the largest being Three Forks (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby