Graph and download economic data for Median Household Income in Montana (MEHOINUSMTA646N) from 1984 to 2024 about MT, households, median, income, and USA.

In 2023, the median household income in Montana amounted to ****** U.S. dollars. This was a significant increase from the previous year, when the median household income in the state was ****** U.S. dollars. The median income for the United States can be found here.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Montana, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, all of the household sizes were found in Montana. Across the different household sizes in Montana the mean income is $85,765, and the standard deviation is $26,434. The coefficient of variation (CV) is 30.82%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $34,283. It then further increased to $119,416 for 7-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/montana-median-household-income-by-household-size.jpeg" alt="Montana median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Montana median household income. You can refer the same here

Graph and download economic data for 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montana (MHICILBMT30000A052NCEN) from 1989 to 2023 about MT, households, median, income, and USA.

About this dataset

Context

The dataset tabulates the median household income in Montana. It can be utilized to understand the trend in median household income and to analyze the income distribution in Montana by household type, size, and across various income brackets.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Montana Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in Montana: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in Montana
• Montana households by income brackets: family, non-family, and total, in 2022 inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Montana median household income. You can refer the same here

The median household income in Montana is $69,922. Midpoint of household income distribution (in dollars). Source: ACS 5-year estimates (derived).

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Montana. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Montana. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Montana, householders within the 45 to 64 years age group have the highest median household income at $82,525, followed by those in the 25 to 44 years age group with an income of $80,985. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $53,576. Notably, householders within the under 25 years age group, had the lowest median household income at $40,864.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Montana median household income by age. You can refer the same here

Median Household Income in Montana was 81920.00000 Current $ in January of 2024, according to the United States Federal Reserve. Historically, Median Household Income in Montana reached a record high of 81920.00000 in January of 2024 and a record low of 19540.00000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Household Income in Montana - last updated from the United States Federal Reserve on December of 2025.

Graph and download economic data for Estimate of Median Household Income for Yellowstone County, MT (MHIMT30111A052NCEN) from 1989 to 2023 about Yellowstone County, MT; Billings; MT; households; median; income; and USA.

Montana - Median Household Income - Historical chart and current data through 2024.

Graph and download economic data for Estimate of Median Household Income for Rosebud County, MT (MHIMT30087A052NCEN) from 1989 to 2023 about Rosebud County, MT; MT; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Gallatin County, MT (MHIMT30031A052NCEN) from 1989 to 2023 about Gallatin County, MT; MT; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Ravalli County, MT (MHIMT30081A052NCEN) from 1989 to 2023 about Ravalli County, MT; MT; households; median; income; and USA.

Estimate of Median Household Income for Montana was 70939.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Estimate of Median Household Income for Montana reached a record high of 70939.00000 in January of 2023 and a record low of 23242.00000 in January of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for Estimate of Median Household Income for Montana - last updated from the United States Federal Reserve on December of 2025.

About this dataset

Context

The dataset presents the median household income across different racial categories in Montana town. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Montana town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 96.01% of the total residents in Montana town. Notably, the median household income for White households is $76,250. Interestingly, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $161,563. This reveals that, while Whites may be the most numerous in Montana town, Two or More Races households experience greater economic prosperity in terms of median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Montana town.
• Median household income: Median household income, adjusting for inflation, presented in 2023-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Montana town median household income by race. You can refer the same here

United States Household Income: Montana data was reported at 59,087.000 USD in 2017. This records an increase from the previous number of 57,075.000 USD for 2016. United States Household Income: Montana data is updated yearly, averaging 32,451.500 USD from Mar 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 59,087.000 USD in 2017 and a record low of 19,536.000 USD in 1984. United States Household Income: Montana data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.H048: Household Income: by State.

Graph and download economic data for Estimate of Median Household Income for Missoula County, MT (MHIMT30063A052NCEN) from 1989 to 2023 about Missoula County, MT; Missoula; MT; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Roosevelt County, MT (MHIMT30085A052NCEN) from 1989 to 2023 about Roosevelt County, MT; MT; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Lake County, MT (MHIMT30047A052NCEN) from 1989 to 2023 about Lake County, MT; MT; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Montana (MHIMT30000A052NCEN) from 1989 to 2023 about MT, households, median, income, and USA.