Carbon County, Montana

Income Data

+14% vs. Montana average
$71,017
Median Household Income
$42,734
Per Capita Income

At a Glance

Median Household Income
$71,017
+14% vs. state avg
Per Capita Income
$42,734
+8% vs. national
Income-to-Housing Ratio
18.7%
income as % of home value
Rank in Montana
#12 / 56
by median household income

How Carbon County Compares

Carbon County$71,017
Montana Average$62,295
National Median$74,755

Detailed Income Statistics

$71,017
Median Household Income
$42,734
Per Capita Income
$379,300
Median Home Value
18.7%
Income-to-Housing Ratio

Data Story

About Household Income in Carbon County, Montana

Carbon County nears the national median

Carbon County's median household income of $71,017 sits just 5% below the U.S. median of $74,755, making it Montana's strongest-earning county in this dataset. The county ranks among America's upper-middle-income rural areas.

Montana's top earner in this group

Carbon County's $71,017 median household income runs 14% above Montana's state average of $62,295 and is the highest among the eight counties analyzed. Per capita income of $42,734 similarly leads the state average of $35,700.

Carbon significantly outearns regional peers

Carbon's $71,017 median income substantially exceeds all compared counties: Broadwater ($63,636), Cascade ($66,203), Blaine ($65,050), and Chouteau ($56,927). The county's economic strength reflects stable employment and industrial investment.

Strong income meets premium housing costs

Carbon's rent-to-income ratio of 14.9% remains healthy despite median home values of $379,300—the dataset's highest. The median home requires 5.3 years of household income, demanding significant savings but within reach for career-established households.

Leverage Carbon's economic strength

With the region's highest incomes and per capita earnings, Carbon County households can aggressively build wealth through retirement accounts, real estate equity, and diversified investments. Start maxing out 401(k)s and consider additional investment properties as portfolio diversification.

Frequently Asked Questions

What is the median household income in Carbon County, Montana?
The median household income in Carbon County, Montana is $71,017, 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 Carbon County?
The per capita income in Carbon County is $42,734, 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 $71,017.
How does Carbon County compare to the Montana average?
Carbon County's median household income of $71,017 is higher than the Montana state average of $62,295. The per capita income is $42,734, compared to the state average of $35,700.
What is the per capita income in Carbon County, Montana?
The per capita income in Carbon County, Montana is $42,734, 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 Carbon County income higher than the Montana average?
Carbon County's median household income of $71,017 is higher than the Montana average of $62,295. This difference of $8,722 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 Carbon County rank for income in Montana?
Carbon County ranks #12 out of 56 counties in Montana by median household income (1 = highest). With a median household income of $71,017 and per capita income of $42,734, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Carbon County

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Your income is above the Carbon County median

County median: $71,017 per year

vs. County Median

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vs. State Average

+14%

vs. National Median

-5%

vs. Carbon County MedianAbout equal
vs. Montana Average14% above
vs. National Median5% below

Income Adequacy

Monthly income covers median rent6.7x

Your monthly income ($5,918) vs. median rent ($882/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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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.