Madison County, Montana
Income Data
At a Glance
How Madison County Compares
Detailed Income Statistics
Data Story
About Household Income in Madison County, Montana
Solid middle-class incomes statewide
Madison County's median household income of $67,420 exceeds 45% of U.S. counties, landing it firmly in the middle class—though $7,335 below the national median of $74,755. The county draws strength from ranching, tourism, and small manufacturing.
Above Montana's average income
At $67,420, Madison County earns $5,125 more than Montana's state median of $62,295, ranking in the upper-middle tier of the state's 56 counties. This advantage reflects a balanced mix of agriculture and outdoor recreation economy.
Outpaced by Lewis and Clark
Madison County trails Lewis and Clark County ($74,543) and Missoula County ($71,246), but outearns Liberty, Lincoln, and Meagher counties. Its position reflects the pulling power of regional tourism and ranch-based wealth.
High home prices test affordability
Madison County's 20.6% rent-to-income ratio is the highest among income-earning counties here, and the median home value of $440,500 is second only to Missoula. Buyers need robust household incomes or significant down payments to break in.
Land and legacy wealth matter here
Madison County's ranch economy creates unique wealth-building opportunities through agricultural real estate and multi-generational asset transfer. Working with local financial advisors familiar with land values and seasonal cash flow can unlock long-term prosperity.
Frequently Asked Questions
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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.