Granite County, Montana: commercial real estate data.
Granite County, Montana had an estimated 3,602 residents on July 1, 2024, up 9.0 percent since the 2020 census base of 3,304, across 1,727 square miles. County output reached $165.8 m in 2024, 119 establishments operate here, and the SBA record carries 4 7(a) approvals worth $1.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Granite County
How many people live in Granite County
- Population, American Community Survey 2020-20243,462
- Households1,514
- Average household size2.29
- Median household income$59,265
- Median age53.0
- Median gross rent$675 per month
- Median owner-occupied home value$352,700
- Home value to household income6.0 times
- Annual rent as a share of median income13.7 percent
- Adults 25 and over with a bachelor degree or higher34.2 percent
- Adults 25 and over with a graduate degree5.7 percent
- Adults 25 and over2,700
- Population under 18509
- Share under 1814.7 percent
- Population 65 and over1,082
- Share 65 and over31.3 percent
- Working age population, 18 to 641,871
- Civilian labor force1,612
- Unemployment rate3.7 percent
- Labor force participation, adults 18 and over54.6 percent
- Rank by population among Montana counties41st of 56
- Rank by population among US county-equivalents, Puerto Rico included3003rd of 3,222
Granite County is the 41st largest of 56 Montana counties by population. A median home costs 6.0 times median household income, which is severely unaffordable by national standards. Residents 65 and over outnumber those under 18, at 31.3 percent against 14.7 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.
Granite County
Is Granite County's population growing?
- Population, July 1, 20243,602
- Census 2020 base population3,304
- Population change since the 2020 census base9.02 percent
- Population change, 2023 to 202437
- Births, 202424
- Deaths, 202439
- Natural change, 2024-15
- Net domestic migration, 202451
- Net international migration, 20240
- Total net migration, 202451
- Cumulative net domestic migration, 2021 to 2024343
- Rank by growth among US county-equivalents187th of 3,144
The county has grown 9.02 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Granite County
Where are people moving to Granite County from?
- Tax returns filed by households arriving135
- People arriving, from those returns231
- Tax returns filed by households leaving104
- Net household movement31
- Adjusted gross income arriving$18.4 m
- Net adjusted gross income movement$8.9 m
- Average income of an arriving household$135,933
- Average income of a leaving household$90,904
- Largest single destinationMissoula County (22 households)
| Origin | Households | People | Adjusted gross income |
|---|
Households arriving report $45,029 more average income than households leaving, so the migration is raising local spending power rather than just moving it around.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Granite County
What is the Granite County economy?
- County GDP, 2024$165.8 m
- County GDP, 2023$156.1 m
- GDP change, 2023 to 20246.2 percent
- GDP change over five years65.8 percent
- Rank by GDP among the Montana areas BEA publishes41st of 56
- Rank by GDP among the US county areas BEA publishes2952nd of 3,127
- GDP per resident$47,882
Output grew 6.2 percent in the latest year and 65.8 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.
Granite County
Employment by industry in Granite County
- Covered employment, annual average964
- Establishments reporting192
- Average annual pay$44,235
- Average weekly wage$851
- Retail trade, employment100
- Retail trade, average annual pay$27,934
- Agriculture, forestry, fishing and hunting, employment74
- Agriculture, forestry, fishing and hunting, average annual pay$53,210
- Construction, employment55
- Construction, average annual pay$47,668
- Manufacturing, employment41
- Manufacturing, average annual pay$36,833
- Mining, quarrying, and oil and gas extraction, employment18
- Other services, except public administration, employment10
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 100 | 20 | $27,934 |
| Agriculture, forestry, fishing and hunting | 74 | 10 | $53,210 |
| Construction | 55 | 25 | $47,668 |
| Manufacturing | 41 | 10 | $36,833 |
| Mining, quarrying, and oil and gas extraction | 18 | 5 | $71,099 |
| Other services, except public administration | 10 | 8 | $39,398 |
Retail trade is the largest private sector at 100 jobs, 10.4 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Granite County
How many businesses are in Granite County?
- Establishments, all industries119
- Employment at those establishments588
- Annual payroll$26.1 m
- Establishments per 1,000 residents34.4
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.
Granite County
SBA loans in Granite County (7(a) and 504)
- 7(a) approvals recorded4
- 7(a) gross approval dollars$1.9 m
- Average 7(a) approval$470,000
- Median 7(a) approval$382,500
- Largest single approval$1,105,000
- Jobs reported supported, 7(a)16
- Jobs per approval4.0
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals4
- Median 7(a) term180 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded1
- 504 gross approval dollars$375,000
- Average 504 approval$375,000
- Median 504 approval$375,000
- Distinct CDCs active1
- 504 jobs per approval1.0
- 504 jobs per million dollars approved2.7
- 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.
Granite County
SBA loan default and charge-off rates in Granite County
Do SBA loans in Granite County get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
- Status: Exempt from disclosure3
Only 1 loan has 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.
Granite County
SBA lending by place in Granite County
- Borrower cities with recorded lending3
- Philipsburg, approvals2
- Clinton, approvals1
- Drummond, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Philipsburg | 2 | $1,620,000 |
| Clinton | 1 | $250,000 |
| Drummond | 1 | $10,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Granite County
How large is Granite County?
- Land area1,727 sq mi
- Rank by land area among Montana counties40th of 56
- Width, east to west40 mi
- Height, north to south61.6 mi
- Geographies sharing a boundary4
- Residents per square mile of land2
- Establishments per square mile0.07
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.
Granite County
Flood risk in Granite County
- Participation of the county's own NFIP community Granite County, unincorporated areasParticipating, community 300141
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Granite 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 Granite County (community 300141), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Granite 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 Granite 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 Granite County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20243,462
- Households1,514
- Average household size2.29
- Median household income$59,265
- Median age53.0
Common questions
Granite County questions, answered from the record.
How many people live in Granite County, Montana?
The Census Bureau estimates 3,602 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 3,462, in 1,514 households, ranking 41st of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Granite County's population growing?
The population has grown 9.02 percent since the 2020 census base of 3,304, to 3,602 on July 1, 2024. In 2024 there were 24 births against 39 deaths, with net migration of 51. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Granite County?
$59,265. The median owner-occupied home is valued at $352,700, which is 6.0 times income, and median gross rent is $675 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Granite County?
119 establishments, employing 588 people with an annual payroll of $26.1 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 Granite County?
Retail trade is the largest private sector at 100 jobs, 10.4 percent of covered employment. Covered employment averages 964 jobs at an average annual pay of $44,235, or $851 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Granite County?
4 7(a) approvals totaling $1.9 m since FY2020, across 4 lenders, with a median approval of $382,500, plus 1 504 approvals worth $375,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Granite 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.
Are traffic counts available for Granite 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 Granite 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.
Granite County
Cities and places in Granite.
4 Census places lie wholly or partly in Granite County. All 4 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 |
|---|---|---|---|---|
| Philipsburg | town | 754 | 2 | Wholly in this county |
| Drummond | town | 277 | 1 | Wholly in this county |
| Maxville | CDP | 203 | None recorded | Wholly in this county |
| Hall | CDP | 64 | None recorded | Wholly in this county |
A further 1 of the county's 4 SBA 7(a) approvals are to borrowers in cities that match no Census place in Granite County, the largest being Clinton (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