State Ledger
State profile

Montana FIPS 30

Population
1,077,978
Median household income
$60,560
Nonfarm employment
531,100
Business establishments
42,566

State Highlights

Largest employer sector
Health care and social assistance
74,903 employees
Business concentration
18.3%
of private employment in Health care and social assistance
Home prices, 1 year
+2.7%
FHFA
Federal outlays per capita
$10,744.06
USASpending.gov

Economy & Labor

Total nonfarm employment

BLS Current Employment Statistics, not seasonally adjusted · persons · 20 months available · latest observation: August 2026
Employment ratio
50.6%
employed ÷ population
Unemployed population (ACS)
22,303
Vs. July
▼ 100
Business density
40.5 per 1,000
establishments per capita

Leading Industries

Leading industries by employment

Ranked by private-sector employment, same measure as the Business & Industry tab · see the full breakdown there
1 Health care and social assistance 74,903 employees
2 Retail trade 62,888 employees
3 Accommodation and food services 58,010 employees
4 Construction 34,284 employees
5 Professional, scientific, and technical services 23,100 employees

Leading Public Companies

Top 5 by latest reported revenue

SEC EDGAR / XBRL Company Facts · see the full listing on the Public Companies tab
$1.99B
Services-Business Services, NEC
$133.93M
Surgical & Medical Instruments & Apparatus
Services-Business Services, NEC
$101.07M
State Commercial Banks
$48.37M
Agricultural Production-Crops

Population & People

Homeownership rate
69.1%
301.4K of 436.5K occupied homes are owner-occupied

Population by age

U.S. Census Bureau, ACS 5-year estimate (table B01001) · reconciles to total population
0–17
232.8K · 21.6%
18–24
98.7K · 9.2%
25–34
138.1K · 12.8%
35–44
132.8K · 12.3%
45–54
121.5K · 11.3%
55–64
151.6K · 14.1%
65–74
125.5K · 11.6%
75+
77.0K · 7.1%

Housing & Real Estate

Median home value
$263,700
Median gross rent
$886 / month
Vacancy rate
14.8%
Total housing units
512.6K
Owner-occupied homes
301.4K
Renter-occupied homes
135.1K
Home prices, 1 year
+2.7%
Home prices, 5 years
+47.5%
Latest FHFA period
2026 Q2

ACS: 2021 ACS 5-year · FHFA: 2026 Q2

ACS housing estimates from the U.S. Census Bureau — median home value reflects owner-reported value, not a current sale price. House-price changes are from the FHFA All-Transactions House Price Index, a measure of price appreciation over time, not a home-value estimate.

Federal Spending

Total federal outlays
$11.29B
Outlays per capita
$10,744.06
Total prime award value
$13.04B

Source: USASpending.gov · specific reporting period not published in this dataset