Broadwater County, Montana

Income Data

+2% vs. Montana average
$63,636
Median Household Income
$38,093
Per Capita Income

At a Glance

Median Household Income
$63,636
+2% vs. state avg
Per Capita Income
$38,093
-3% vs. national
Income-to-Housing Ratio
17.4%
income as % of home value
Rank in Montana
#25 / 56
by median household income

How Broadwater County Compares

Broadwater County$63,636
Montana Average$62,295
National Median$74,755

Detailed Income Statistics

$63,636
Median Household Income
$38,093
Per Capita Income
$364,800
Median Home Value
17.4%
Income-to-Housing Ratio

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

What is the median household income in Broadwater County, Montana?
The median household income in Broadwater County, Montana is $63,636, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Broadwater County?
The per capita income in Broadwater County is $38,093, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $63,636.
How does Broadwater County compare to the Montana average?
Broadwater County's median household income of $63,636 is higher than the Montana state average of $62,295. The per capita income is $38,093, compared to the state average of $35,700.
What is the per capita income in Broadwater County, Montana?
The per capita income in Broadwater County, Montana is $38,093, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Broadwater County income higher than the Montana average?
Broadwater County's median household income of $63,636 is higher than the Montana average of $62,295. This difference of $1,341 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Broadwater County rank for income in Montana?
Broadwater County ranks #25 out of 56 counties in Montana by median household income (1 = highest). With a median household income of $63,636 and per capita income of $38,093, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $63,636 per year

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vs. State Average

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vs. National Median

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vs. National Median15% below

Income Adequacy

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.