Powell County, Montana
Income Data
At a Glance
How Powell County Compares
Detailed Income Statistics
Data Story
About Household Income in Powell County, Montana
Powell approaches national income baseline
Powell County's median household income of $63,432 trails the U.S. median of $74,755 by 15%, a meaningful but not insurmountable gap typical of rural mountain counties. The per capita income of $30,316 falls notably below the national average, reflecting household income concentration rather than uniform wage strength. Powell ranks in the upper-middle tier of rural American counties economically.
Solid upper-middle tier in Montana
Powell County's median household income of $63,432 ranks solidly above Montana's average of $62,295 by 1.8%, placing it in the state's upper-middle cohort. However, per capita income of $30,316 trails the state average of $35,700 substantially, suggesting income concentration in fewer households. Powell maintains economic stability despite uneven household wealth distribution.
Mountain county outperforms plains peers
Powell's $63,432 ranks between Park County ($66,607) to the south and Petroleum County ($59,318) to the north, making it a regional performer. The county significantly outearns Pondera ($53,500) and nearly matches Powder River ($68,009), reflecting its position as a mountain community with access to diverse employment. Logging, recreation, and small manufacturing supplement ranching economies here.
Premium housing creates affordability stretch
Powell County's median home value of $255,700 represents 4 years of median household income—a stretched ratio—creating genuine affordability pressure despite strong household earnings. The 14.6% rent-to-income ratio remains manageable, but homeownership typically requires substantial down payments or inheritance. Renters and first-time buyers face particular challenges in this mountain real estate market.
Strategic home equity leverage
Powell County residents should consider home equity as a wealth-building tool given mountain real estate appreciation trends; building a substantial down payment through aggressive saving accelerates long-term wealth gains. The household income concentration (low per capita despite decent median) suggests targeted skill development could boost earnings in logging, recreation management, or healthcare. Refinancing opportunities during rate declines can free capital for retirement or education investments.
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County median: $63,432 per year
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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.