Park County, Montana
Income Data
At a Glance
How Park County Compares
Detailed Income Statistics
Data Story
About Household Income in Park County, Montana
Park County exceeds national baseline
Park County's median household income of $66,607 trails the U.S. median of $74,755 by only 11%—a notably smaller gap than most rural Montana counties. This relative strength reflects Park's proximity to Yellowstone National Park, which drives tourism, recreation, and service-sector jobs. The county ranks in the upper third of rural Montana's income distribution.
Montana's fourth-highest median income
At $66,607, Park County's median household income ranks among the strongest in Montana, significantly above the state average of $62,295 by 7%. The per capita income of $45,894 substantially outpaces the state average of $35,700, indicating more evenly distributed earnings across households. Park stands out as an economic engine within the state's rural economy.
Regional income leader in south-central Montana
Park County's $66,607 median income leads all its neighbors by a substantial margin—Powder River County ranks second at $68,009, while Powell County trails at $63,432. The Yellowstone effect creates higher-wage hospitality, recreation, and professional service jobs unavailable in pure agricultural counties. This advantage compounds when attracting and retaining skilled workers to the region.
Higher incomes, premium housing costs
Park County's median home value of $429,700 represents 6.4 years of median household income—a notably stretched affordability ratio reflecting Yellowstone-area real estate premiums. The 16.7% rent-to-income ratio remains reasonable, but homeownership requires substantial down payments or multi-generational wealth. Dual incomes are often essential for housing security in this high-cost mountain community.
Leverage tourism sector earnings growth
Park County workers in tourism, hospitality, and recreation should maximize tax-advantaged retirement accounts and explore employer 401(k) matches—these sectors often offer less structured benefits than traditional industries. The high median home values suggest significant equity-building potential; consider using home equity strategically for education or business investments. Seasonal workers should establish dedicated savings accounts during peak earnings months (summer/fall).
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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.