Wheatland County, Montana: commercial real estate data.
Wheatland County, Montana had an estimated 2,058 residents on July 1, 2024, down 0.4 percent since the 2020 census base of 2,066, across 1,423 square miles. County output reached $107.4 m in 2024, 60 establishments operate here, and the SBA record carries 1 7(a) approvals worth $2.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wheatland County
How many people live in Wheatland County
- Population, American Community Survey 2020-20242,056
- Households883
- Average household size2.33
- Median household income$49,489
- Median age46.2
- Median gross rent$730 per month
- Median owner-occupied home value$180,800
- Home value to household income3.7 times
- Annual rent as a share of median income17.7 percent
- Adults 25 and over with a bachelor degree or higher23.2 percent
- Adults 25 and over with a graduate degree6.3 percent
- Adults 25 and over1,471
- Population under 18445
- Share under 1821.6 percent
- Population 65 and over596
- Share 65 and over29.0 percent
- Working age population, 18 to 641,015
- Civilian labor force854
- Unemployment rate0.8 percent
- Labor force participation, adults 18 and over53.0 percent
- Rank by population among Montana counties44th of 56
- Rank by population among US county-equivalents, Puerto Rico included3117th of 3,222
Wheatland County is the 44th largest of 56 Montana counties by population. A median home costs 3.7 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 29.0 percent against 21.6 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.
Wheatland County
Is Wheatland County's population growing?
- Population, July 1, 20242,058
- Census 2020 base population2,066
- Population change since the 2020 census base-0.39 percent
- Population change, 2023 to 2024-10
- Births, 202421
- Deaths, 202428
- Natural change, 2024-7
- Net domestic migration, 2024-4
- Net international migration, 20240
- Total net migration, 2024-4
- Cumulative net domestic migration, 2021 to 20246
- Rank by growth among US county-equivalents1983rd of 3,144
The county has lost 0.39 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wheatland County
Where are people moving to Wheatland County from?
- Tax returns filed by households arriving28
- People arriving, from those returns51
- Tax returns filed by households leaving32
- Net household movement-4
- Adjusted gross income arriving$1.1 m
- Net adjusted gross income movement$-362,000
- Average income of an arriving household$38,714
- Average income of a leaving household$45,188
| Origin | Households | People | Adjusted gross income |
|---|
Households arriving report $6,474 less average income than households leaving, which drains spending power even where headcount holds up.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Wheatland County
What is the Wheatland County economy?
- County GDP, 2024$107.4 m
- County GDP, 2023$114.6 m
- GDP change, 2023 to 2024-6.2 percent
- GDP change over five years18.9 percent
- Rank by GDP among the Montana areas BEA publishes49th of 56
- Rank by GDP among the US county areas BEA publishes3044th of 3,127
- GDP per resident$52,251
Output grew -6.2 percent in the latest year and 18.9 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.
Wheatland County
Employment by industry in Wheatland County
- Covered employment, annual average584
- Establishments reporting104
- Average annual pay$42,277
- Average weekly wage$813
- Agriculture, forestry, fishing and hunting, employment87
- Agriculture, forestry, fishing and hunting, average annual pay$36,629
- Retail trade, employment70
- Retail trade, average annual pay$26,476
- Manufacturing, employment43
- Manufacturing, average annual pay$43,161
- Construction, employment17
- Construction, average annual pay$64,320
- Transportation and warehousing, employment13
- Unclassified establishments, employment8
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Agriculture, forestry, fishing and hunting | 87 | 16 | $36,629 |
| Retail trade | 70 | 8 | $26,476 |
| Manufacturing | 43 | 7 | $43,161 |
| Construction | 17 | 9 | $64,320 |
| Transportation and warehousing | 13 | 5 | $59,193 |
| Unclassified establishments | 8 | 2 | $6,656 |
Agriculture, forestry, fishing and hunting is the largest private sector at 87 jobs, 14.9 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Wheatland County
How many businesses are in Wheatland County?
- Establishments, all industries60
- Employment at those establishments388
- Annual payroll$14.2 m
- Establishments per 1,000 residents29.2
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.
Wheatland County
SBA loans in Wheatland County (7(a) and 504)
- 7(a) approvals recorded1
- 7(a) gross approval dollars$2.9 m
- Average 7(a) approval$2,850,000
- Median 7(a) approval$2,850,000
- Largest single approval$2,850,000
- Jobs reported supported, 7(a)21
- Jobs per approval21.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term203 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wheatland County
SBA loan default and charge-off rates in Wheatland County
Do SBA loans in Wheatland County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure1
Only 0 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.
Wheatland County
How large is Wheatland County?
- Land area1,423 sq mi
- Rank by land area among Montana counties49th of 56
- Width, east to west42.5 mi
- Height, north to south36.8 mi
- Geographies sharing a boundary5
- Residents per square mile of land1
- Establishments per square mile0.04
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.
Wheatland County
Flood risk in Wheatland County
- Participation of the county's own NFIP community Wheatland County, unincorporated areasParticipating, community 300172
- 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 Wheatland County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Wheatland County (community 300172), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Wheatland County in radon zone 2, a predicted average indoor radon screening level from 2 to 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 Wheatland 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 Wheatland County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20242,056
- Households883
- Average household size2.33
- Median household income$49,489
- Median age46.2
Common questions
Wheatland County questions, answered from the record.
How many people live in Wheatland County, Montana?
The Census Bureau estimates 2,058 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 2,056, in 883 households, ranking 44th of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wheatland County's population growing?
The population has fallen 0.39 percent since the 2020 census base of 2,066, to 2,058 on July 1, 2024. In 2024 there were 21 births against 28 deaths, with net migration of -4. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wheatland County?
$49,489. The median owner-occupied home is valued at $180,800, which is 3.7 times income, and median gross rent is $730 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Wheatland County?
60 establishments, employing 388 people with an annual payroll of $14.2 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 Wheatland County?
Agriculture, forestry, fishing and hunting is the largest private sector at 87 jobs, 14.9 percent of covered employment. Covered employment averages 584 jobs at an average annual pay of $42,277, or $813 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wheatland County?
1 7(a) approvals totaling $2.9 m since FY2020, across 1 lenders, with a median approval of $2,850,000. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Wheatland County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Wheatland 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 Wheatland 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.
Wheatland County
Cities and places in Wheatland.
7 Census places lie wholly or partly in Wheatland County. 6 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Harlowton | city | 1,058 | 1 | Wholly in this county |
| Judith Gap | city | 140 | None recorded | Wholly in this county |
| Martinsdale Colony | CDP | 57 | None recorded | Wholly in this county |
| Springwater Colony | CDP | 42 | None recorded | Wholly in this county |
| Shawmut | CDP | 36 | None recorded | Wholly in this county |
| Twodot | CDP | 11 | None recorded | Wholly in this county |
| Duncan Ranch Colony | CDP | 0 | None recorded | Wholly in this county |
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