Broadwater County, Montana
Income Data
At a Glance
How Broadwater County Compares
Detailed Income Statistics
Data Story
About Household Income in Broadwater County, Montana
Broadwater narrows the national income gap
Broadwater County's median household income of $63,636 falls about 15% short of the national median of $74,755. The gap is smaller than most Montana counties, reflecting the county's stronger economic position.
Slightly above Montana's average
Broadwater's $63,636 median income runs about 2% above Montana's state average of $62,295, placing it solidly in the middle of statewide earnings. Per capita income of $38,093 also exceeds the state average of $35,700.
Broadwater punches above rural peers
Broadwater's $63,636 median income clearly outpaces Big Horn ($56,680), Beaverhead ($58,072), and Chouteau ($56,927), though Carbon County ($71,017) remains the regional leader. The county benefits from proximity to Helena's economic sphere.
Higher incomes meet higher housing costs
Broadwater's rent-to-income ratio of 18.4% rises above the state average, reflecting the county's elevated home values of $364,800. The median home requires 5.7 years of household income to purchase, among the highest in Montana.
Plan for Broadwater's housing premium
Stronger incomes position Broadwater households to weather higher housing costs, but aggressive saving remains essential. Consider down payment assistance programs and 30-year mortgages to build equity while preserving liquidity for investments.
Frequently Asked Questions
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County median: $63,636 per year
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.