Park County, Montana: commercial real estate data.
Park County, Montana had an estimated 18,074 residents on July 1, 2024, up 5.1 percent since the 2020 census base of 17,195, across 2,803 square miles. County output reached $898.9 m in 2024, 943 establishments operate here, and the SBA record carries 18 7(a) approvals worth $13.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Park County
How many people live in Park County
- Population, American Community Survey 2020-202417,710
- Households8,366
- Average household size2.12
- Median household income$70,047
- Median age46.0
- Median gross rent$976 per month
- Median owner-occupied home value$467,500
- Home value to household income6.7 times
- Annual rent as a share of median income16.7 percent
- Adults 25 and over with a bachelor degree or higher39.8 percent
- Adults 25 and over with a graduate degree13.0 percent
- Adults 25 and over13,786
- Population under 182,990
- Share under 1816.9 percent
- Population 65 and over4,360
- Share 65 and over24.6 percent
- Working age population, 18 to 6410,360
- Civilian labor force8,963
- Unemployment rate2.7 percent
- Labor force participation, adults 18 and over60.9 percent
- Rank by population among Montana counties11th of 56
- Rank by population among US county-equivalents, Puerto Rico included1999th of 3,222
Park County is the 11th largest of 56 Montana counties by population. A median home costs 6.7 times median household income, which is severely unaffordable by national standards. Residents 65 and over outnumber those under 18, at 24.6 percent against 16.9 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.
Park County
Is Park County's population growing?
- Population, July 1, 202418,074
- Census 2020 base population17,195
- Population change since the 2020 census base5.11 percent
- Population change, 2023 to 2024136
- Births, 2024159
- Deaths, 2024230
- Natural change, 2024-71
- Net domestic migration, 2024201
- Net international migration, 20246
- Total net migration, 2024207
- Cumulative net domestic migration, 2021 to 20241,053
- Rank by growth among US county-equivalents516th of 3,144
The county has grown 5.11 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.
Park County
Where are people moving to Park County from?
- Tax returns filed by households arriving823
- People arriving, from those returns1,201
- Tax returns filed by households leaving659
- Net household movement164
- Adjusted gross income arriving$68.1 m
- Net adjusted gross income movement$10.6 m
- Average income of an arriving household$82,719
- Average income of a leaving household$87,188
- Largest single originGallatin County (233 households)
- Largest single destinationGallatin County (115 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Gallatin County | 233 | 328 | $14.5 m |
| Yellowstone County | 30 | 42 | $3.0 m |
Households arriving report $4,469 less average income than households leaving, which drains spending power even where headcount holds up. 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.
Park County
What is the Park County economy?
- County GDP, 2024$898.9 m
- County GDP, 2023$883.0 m
- GDP change, 2023 to 20241.8 percent
- GDP change over five years38.9 percent
- Rank by GDP among the Montana areas BEA publishes14th of 56
- Rank by GDP among the US county areas BEA publishes1932nd of 3,127
- GDP per resident$50,755
Output grew 1.8 percent in the latest year and 38.9 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.
Park County
Employment by industry in Park County
- Covered employment, annual average7,207
- Establishments reporting1,300
- Average annual pay$52,162
- Average weekly wage$1,003
- Accommodation and food services, employment1,745
- Accommodation and food services, average annual pay$36,218
- Health care and social assistance, employment896
- Health care and social assistance, average annual pay$64,426
- Retail trade, employment884
- Retail trade, average annual pay$38,196
- Construction, employment556
- Construction, average annual pay$63,293
- Other services, except public administration, employment374
- Manufacturing, employment372
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Accommodation and food services | 1,745 | 155 | $36,218 |
| Health care and social assistance | 896 | 68 | $64,426 |
| Retail trade | 884 | 111 | $38,196 |
| Construction | 556 | 174 | $63,293 |
| Other services, except public administration | 374 | 83 | $46,328 |
| Manufacturing | 372 | 34 | $65,039 |
| Professional, scientific and technical services | 300 | 190 | $91,539 |
| Arts, entertainment and recreation | 264 | 78 | $34,061 |
Accommodation and food services is the largest private sector at 1,745 jobs, 24.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Park County
How many businesses are in Park County?
- Establishments, all industries943
- Employment at those establishments5,399
- Annual payroll$281.8 m
- Establishments per 1,000 residents53.2
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.
Park County
Building permits in Park County
- Housing units authorized by permit, 202439
- Declared construction value permitted$8.4 m
- Single family units authorized39
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$214,812
- Units authorized per 1,000 households4.7
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.
Park County
SBA loans in Park County (7(a) and 504)
- 7(a) approvals recorded18
- 7(a) gross approval dollars$13.9 m
- Average 7(a) approval$771,972
- Median 7(a) approval$304,550
- Largest single approval$3,890,000
- Jobs reported supported, 7(a)99
- Jobs per approval5.5
- Distinct 7(a) lenders active10
- Distinct industries receiving approvals12
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer33.3 percent
- Loans on real estate terms6
- Loans on working capital terms, 120 months or shorter11
- Franchise loans1
- Franchise share of approvals5.6 percent
- Leading industry by approval countSporting Goods Retailers (3)
- Most active lenderBank of the Rockies (5)
- 504 approvals recorded9
- 504 gross approval dollars$3.1 m
- Average 504 approval$347,333
- Median 504 approval$267,000
- Distinct CDCs active3
- 504 jobs per approval5.2
- 504 jobs per million dollars approved15.0
- Most active CDCBig Sky Economic Development Corporation (6)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$17.0 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.
Park County
SBA loan default and charge-off rates in Park County
Do SBA loans in Park County get paid back?
- Loans with a final outcome recorded6
- Paid in full6
- Charged off0
- Status: Paid in full6
- Status: Exempt from disclosure12
Only 6 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.
Park County
SBA lending by place in Park County
- Borrower cities with recorded lending6
- Livingston, approvals10
- Gardiner, approvals2
- Cooke City, approvals2
- Clyde Park, approvals2
- Pensacola, approvals1
- Wilsall, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Livingston | 10 | $4,098,300 |
| Gardiner | 2 | $5,600,000 |
| Cooke City | 2 | $419,100 |
| Clyde Park | 2 | $270,500 |
| Pensacola | 1 | $3,257,600 |
| Wilsall | 1 | $250,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Park County
How large is Park County?
- Land area2,803 sq mi
- Rank by land area among Montana counties19th of 56
- Width, east to west60.6 mi
- Height, north to south82.9 mi
- Geographies sharing a boundary6
- Residents per square mile of land6
- Establishments per square mile0.34
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.
Park County
Flood risk in Park County
- Participation of the county's own NFIP community Park County, unincorporated areasParticipating, community 300160
- 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 Park 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 Park County (community 300160), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Park 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 Park 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 Park County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202417,710
- Households8,366
- Average household size2.12
- Median household income$70,047
- Median age46.0
Common questions
Park County questions, answered from the record.
How many people live in Park County, Montana?
The Census Bureau estimates 18,074 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 17,710, in 8,366 households, ranking 11th of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Park County's population growing?
The population has grown 5.11 percent since the 2020 census base of 17,195, to 18,074 on July 1, 2024. In 2024 there were 159 births against 230 deaths, with net migration of 207. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Park County?
$70,047. The median owner-occupied home is valued at $467,500, which is 6.7 times income, and median gross rent is $976 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Park County?
943 establishments, employing 5,399 people with an annual payroll of $281.8 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 Park County?
Accommodation and food services is the largest private sector at 1,745 jobs, 24.2 percent of covered employment. Covered employment averages 7,207 jobs at an average annual pay of $52,162, or $1,003 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Park County?
18 7(a) approvals totaling $13.9 m since FY2020, across 10 lenders, with a median approval of $304,550, plus 9 504 approvals worth $3.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Park County?
39 housing units were authorized by permit in 2024, with a declared construction value of $8.4 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Park 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 Park County come from?
The largest single origin is Gallatin County, with 233 households. Arriving households report an average income of $82,719 against $87,188 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Park 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 Park 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.
Park County
Cities and places in Park.
14 Census places lie wholly or partly in Park County. All 14 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 |
|---|---|---|---|---|
| Livingston | city | 8,780 | 10 | Wholly in this county |
| Pray | CDP | 1,129 | None recorded | Wholly in this county |
| Gardiner | CDP | 647 | 2 | Wholly in this county |
| Clyde Park | town | 341 | 2 | Wholly in this county |
| Emigrant | CDP | 322 | None recorded | Wholly in this county |
| Corwin Springs | CDP | 207 | None recorded | Wholly in this county |
| Wilsall | CDP | 203 | 1 | Wholly in this county |
| Wineglass | CDP | 176 | None recorded | Wholly in this county |
| South Glastonbury | CDP | 175 | None recorded | Wholly in this county |
| Pine Creek | CDP | 132 | None recorded | Wholly in this county |
| Silver Gate | CDP | 114 | None recorded | Wholly in this county |
| Cooke City | CDP | 86 | 2 | Wholly in this county |
| Jardine | CDP | 43 | None recorded | Wholly in this county |
| Springdale | CDP | 2 | None recorded | Wholly in this county |
A further 1 of the county's 18 SBA 7(a) approvals are to borrowers in cities that match no Census place in Park County, the largest being Pensacola (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.