Beaverhead County, Montana Income Statistics
Beaverhead County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Beaverhead County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Beaverhead County | Montana Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,233 | $72,476 | $80,455 |
| Median Personal Income | $49,467 | $54,706 | $60,758 |
| Average Yearly Income Growth | 6.3% | 5.2% | 4.8% |
| Six-Figure Earners | 6.7% | 10.8% | 13.9% |
| $200k+ Households | 5.5% | 9.0% | 13.2% |
The median household income in Beaverhead County is about 13% lower than in Montana. Income has been growing faster in Beaverhead County (6.3%/yr) than in Montana (5.2%/yr).
About 7% of adults in Beaverhead County earn six figures ($100,000 or more) a year, lower than the Montana average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Beaverhead County, Montana grew by 72.8% from 2009 to 2024, reaching $63,233 in 2024. That's an average of about 6.3% per year.
Income Inequality and the Gender Pay Gap in Beaverhead County
| Metric | Beaverhead County | Montana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.523 | 0.552 |
| Male Median Income | $56,579 | $64,583 | $69,667 |
| Female Median Income | $48,223 | $50,364 | $56,850 |
| Gender Pay Gap | 14.8% | 22.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Beaverhead County, it is 0.506, lower than Montana's 0.523, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 17% more than women's income in Beaverhead County, Montana. Over a 35-year career, a 17% wage gap accumulates to roughly $292,460 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Beaverhead County, Montana has narrowed from about 27% to 15% in 2024. Over that period the gap was widest at 28% in 2022, and was narrowest at 12% in 2014. In dollar terms, the gap has narrowed by $1,268 since 2009.
Employment
| Metric | Beaverhead County | Montana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.3% | 3.6% | 5.2% |
| Working from Home | 9.2% | 12.5% | 15.0% |
| Commute time (minutes) | 11 | 16 | 22 |
Approximately 60 people are unemployed in Beaverhead County, Montana.
The average commute time in Beaverhead County is 11 minutes, shorter than the 16 minutes in Montana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Beaverhead County, Montana has fallen from 3.8% to 1.3% in 2024. Over that period the rate peaked at 6.9% in 2016.
Beaverhead County, MT Wealth Compared With Nearby Counties
Beaverhead County, MT is typical in size for this group, 9,712 residents against a local median of 9,223, so the measures below are close to a like for like comparison. Where Beaverhead County, MT breaks from the counties next to it is unemployment, sitting 59% below the local median of 3.1% at 1.3%. That is the better end of the local range on this measure.
The counties themselves spread 2.0% on unemployment, so Beaverhead County, MT sits at one end of an already wide local range rather than apart from it. Beaverhead County, MT has the lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Beaverhead County, MT | 9,712 | $63,233 #2/6 | 6.3%/yr #2/6 | 1.3% #1/6 | 0.506 #2/6 |
| Silver Bow County, MT | 35,793 | $61,292 | 5.7%/yr | 4.0% | 0.520 |
| Deer Lodge County, MT | 9,595 | $56,559 | 4.8%/yr | 3.4% | 0.513 |
| Madison County, MT | 9,223 | $75,394 | 6.2%/yr | 3.1% | 0.507 |
| Clark County, ID | 848 | $56,333 | 8.3%/yr | 2.1% | 0.480 |
| Lemhi County, ID | 8,243 | $54,128 | 5.8%/yr | 2.0% | 0.547 |
Conclusion
Considering all these factors, Beaverhead County, Montana has an overall wealth index grade of C, making it about on par with Montana, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Beaverhead County, Montana.
How Rich Is Beaverhead County, Montana?
Beaverhead County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $63,233, about 13% lower than the Montana average of $72,476.
Are incomes growing in Beaverhead County, Montana?
Between 2009 and 2024, the median household income in Beaverhead County, Montana rose 73%, from $36,588 to $63,233. Over the same years, income here outpaced Montana as a whole: +73% against +68%.
What was the median household income in Beaverhead County in 2023?
In 2023, the median household income in Beaverhead County, Montana was $55,747, up 1% from $55,291 in 2022. The Montana median that year was $69,624.
What was the median household income in Beaverhead County in 2020?
In 2020, the median household income in Beaverhead County, Montana was $46,016. By 2024 it had risen 37% to $63,233.
Is it hard to find a job in Beaverhead County, Montana?
Unemployment in Beaverhead County, Montana is only 1.3%, well below the Montana rate of 3.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Beaverhead County, Montana?
The Gini coefficient in Beaverhead County is 0.506. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Beaverhead County, Montana?
Since 2009, the income gap between men and women in Beaverhead County, Montana has narrowed from about 27% to 15% in 2024. Over that period the gap was widest at 28% in 2022, and was narrowest at 12% in 2014. In dollar terms, the gap has narrowed by $1,268 since 2009.
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