Mineral County, Montana
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Mineral County Compares
Detailed Income Statistics
Income Advisory: Mineral County
Income Verdict
Mineral County has a median household income of $61,117 and per capita income of $37,583 — a gap of $23,534, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $746/month and a median household income of $61,117, rent consumes approximately 14.6% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $61,117, residents of Mineral County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $37,583 is in line with national norms for individual earners.
Neighbor Context
Mineral County earns approximately 1.9% below the Montana state median household income of $62,295.
Data Story
About Household Income in Mineral County, Montana
Slightly below the U.S. baseline
Mineral County's median household income of $61,117 falls modestly short of the national median of $74,755 by $13,638, placing it in the lower-middle tier nationally. The county's timber heritage and small population define its economic boundaries.
Nearly matching Montana's median
At $61,117, Mineral County earns just $1,178 below Montana's state median of $62,295, essentially performing at the state average. This parity reflects Montana's wider income struggles relative to national norms.
Solid performer in rural context
Mineral County's $61,117 outearns Liberty, Lincoln, and Meagher counties but trails McCone County ($71,842) and the larger urban centers. Its income reflects a diverse economy mixing natural resources, services, and small manufacturing.
Reasonable housing-income balance
Mineral County's 14.7% rent-to-income ratio is favorable, and the median home value of $313,600 requires discipline but remains achievable for median-income buyers. The county offers better housing affordability than Missoula or Madison.
Building from state-average foundations
With income matching state averages, Mineral County residents can follow statewide financial guidance and savings benchmarks tailored to Montana's cost of living. Local banks and credit unions understand regional economic patterns and offer relevant investment guidance.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Mineral County
Your income is above the Mineral County median
County median: $61,117 per year
vs. County Median
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vs. State Average
-2%
vs. National Median
-18%
Income Adequacy
Your monthly income ($5,093) vs. median rent ($746/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.