Madison County, Montana

Income Data

+8% vs. Montana average
$67,420
Median Household Income
$39,413
Per Capita Income

At a Glance

Median Household Income
$67,420
+8% vs. state avg
Per Capita Income
$39,413
+0% vs. national
Income-to-Housing Ratio
15.3%
income as % of home value
Rank in Montana
#18 / 56
by median household income

How Madison County Compares

Madison County$67,420
Montana Average$62,295
National Median$74,755

Detailed Income Statistics

$67,420
Median Household Income
$39,413
Per Capita Income
$440,500
Median Home Value
15.3%
Income-to-Housing Ratio

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

What is the median household income in Madison County, Montana?
The median household income in Madison County, Montana is $67,420, 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 Madison County?
The per capita income in Madison County is $39,413, 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 $67,420.
How does Madison County compare to the Montana average?
Madison County's median household income of $67,420 is higher than the Montana state average of $62,295. The per capita income is $39,413, compared to the state average of $35,700.
What is the per capita income in Madison County, Montana?
The per capita income in Madison County, Montana is $39,413, 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 Madison County income higher than the Montana average?
Madison County's median household income of $67,420 is higher than the Montana average of $62,295. This difference of $5,125 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 Madison County rank for income in Montana?
Madison County ranks #18 out of 56 counties in Montana by median household income (1 = highest). With a median household income of $67,420 and per capita income of $39,413, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $67,420 per year

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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.