Silver Bow County, Montana
Income Data
At a Glance
How Silver Bow County Compares
Detailed Income Statistics
Data Story
About Household Income in Silver Bow County, Montana
Silver Bow falls short of national earnings
Silver Bow County's median household income of $57,504 is 23.1% below the U.S. median of $74,755, reflecting economic challenges in this historical mining region. The county ranks among lower-earning counties despite its larger population base.
Below Montana's state average
Silver Bow's $57,504 trails Montana's state average of $62,295 by 7.7%, placing the county in the lower-middle tier of the state. The income gap reflects the shift away from mining as a primary employer.
Silver Bow ranks toward the bottom
Silver Bow's $57,504 is seventh among these eight counties, exceeding only Roosevelt County ($53,125) and trailing Rosebud ($56,430) by just $947. The tight clustering of these lower-income counties shows the prevalence of economic strain across rural Montana.
Rent-to-income strains the budget
Silver Bow's rent-to-income ratio of 16.9% is higher than most peers, meaning renters allocate nearly one-sixth of income to housing. With a median home value of $223,500, homeownership requires careful financial planning given the modest underlying income.
Strategic planning beats passive waiting
Silver Bow residents benefit from deliberate wealth-building strategies: automating savings, minimizing high-interest debt, and seeking employer retirement matches whenever available. Even small, consistent investments compound into meaningful financial security over years and decades.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Silver Bow County median
County median: $57,504 per year
vs. County Median
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vs. State Average
-8%
vs. National Median
-23%
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Your monthly income ($4,792) vs. median rent ($810/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.