Meagher County, Montana
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Meagher County Compares
Detailed Income Statistics
Income Advisory: Meagher County
Income Verdict
Meagher County has a median household income of $56,215 and per capita income of $34,766 — a gap of $21,449, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $871/month and a median household income of $56,215, rent consumes approximately 18.6% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $56,215, residents of Meagher County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $34,766 is in line with national norms for individual earners.
Neighbor Context
Meagher County earns approximately 9.8% below the Montana state median household income of $62,295.
Data Story
About Household Income in Meagher County, Montana
Rural county, modest income gap
Meagher County's median household income of $56,215 lags the national median of $74,755 by $18,540, placing it in the lower-middle tier nationally. The county's small size and agricultural base limit earning potential compared to metro areas.
Below Montana's middle income
Meagher County earns $56,215 against Montana's state median of $62,295, falling short by $6,080 and ranking in the lower-middle of the state's counties. Agriculture and tourism sustain the local economy but at modest income levels.
Middle-ground rural incomes
Meagher County ($56,215) sits between Liberty County ($53,264) and Lincoln County ($47,018), making it the median earner among Montana's rural counties. Its income profile reflects typical agricultural community economics.
Rent eats nearly one-fifth of pay
Meagher County's 18.6% rent-to-income ratio indicates moderate housing pressure, while the median home value of $244,400 requires substantial savings or multiple household incomes. Renters here face tighter budgets than in McCone or Liberty counties.
Start small, save consistently here
Even with constrained budgets, Meagher County families can build wealth through automatic savings plans and employer retirement benefits. Community-based credit unions and financial institutions offer tailored services for rural wealth building.
Frequently Asked Questions
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Income Comparison Calculator
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Income Adequacy
Your monthly income ($4,685) vs. median rent ($871/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.