Granite County, Montana
Income Data
At a Glance
How Granite County Compares
Detailed Income Statistics
Data Story
About Household Income in Granite County, Montana
Granite lags behind national income levels
Granite County's median household income of $54,646 falls $20,109 below the national median of $74,755. The county earns roughly 73% of the national average, reflecting broader rural income challenges.
Below Montana's state average earnings
Granite County's $54,646 median household income trails Montana's $62,295 state average by about $7,650. However, its per capita income of $36,922 exceeds the state mean of $35,700, suggesting wealth is distributed among fewer, higher-earning individuals.
Lower household income, higher individual wealth
Granite County's median household income ranks below most neighbors, but its per capita income of $36,922 places it among the highest in this group. This paradox suggests the county has a smaller number of wealthier residents alongside lower-earning households.
High home values strain budget affordability
Granite's 16.1% rent-to-income ratio appears manageable, but the median home value of $339,500 tells a different story—it represents 6.2 years of median household income. This exceptional gap signals that homeownership here requires external wealth or significant financial sacrifice.
Focus on income growth strategies
Granite County residents face an unusual challenge: modest median household income paired with exceptionally high property values. Building wealth here requires prioritizing career advancement and entrepreneurial ventures to close the gap between earnings and local cost of living.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Granite County median
County median: $54,646 per year
vs. County Median
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vs. State Average
-12%
vs. National Median
-27%
Income Adequacy
Your monthly income ($4,554) vs. median rent ($734/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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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.