Montana Economic Overview

Key economic indicators for Montana (MT). Population: 1,084,225.

Unemployment Rate

2.8%

Below national avg (~4.2%)

Median Annual Wage

$48,000

Source: Census ACS / BLS

Wage Growth (YoY)

+3.8%

Year-over-year change

Population

1.1M

Source: 2020 Census

About the Montana Economy

Montana has an unemployment rate of 2.8%, which is below the national average. The median annual wage is $48,000, with wages growing at 3.8% year-over-year. With a population of 1,084,225, Montana is the a smaller state economy in the U.S.