Gallatin County, Montana Income Statistics
Gallatin 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.
-
B
Gallatin County Around averageAmong the top 5 wealthiest counties in Montana
Source: Map AI Methodology
Income Statistics Overview
| Metric | Gallatin County | Montana Avg | US Average |
|---|---|---|---|
| Median Household Income | $95,089 | $72,476 | $80,455 |
| Median Personal Income | $62,331 | $54,706 | $60,758 |
| Average Yearly Income Growth | 6.6% | 5.2% | 4.8% |
| Six-Figure Earners | 16.3% | 10.8% | 13.9% |
| $200k+ Households | 16.0% | 9.0% | 13.2% |
The median household income in Gallatin County is about 31% higher than in Montana. Income has been growing faster in Gallatin County (6.6%/yr) than in Montana (5.2%/yr).
About 16% of adults in Gallatin County earn six figures ($100,000 or more) a year, higher than the Montana average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Gallatin County, Montana grew by 93.0% from 2009 to 2024, reaching $95,089 in 2024. That's an average of about 6.6% per year.
Income Inequality and the Gender Pay Gap in Gallatin County
| Metric | Gallatin County | Montana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.519 | 0.523 | 0.552 |
| Male Median Income | $74,167 | $64,583 | $69,667 |
| Female Median Income | $59,154 | $50,364 | $56,850 |
| Gender Pay Gap | 20.2% | 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 Gallatin County, it is 0.519, about the same as Montana's 0.523, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 25% more than women's income in Gallatin County, Montana. Over a 35-year career, a 25% wage gap accumulates to roughly $525,455 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gallatin County, Montana has narrowed from about 26% to 20% in 2024. Over that period the gap was widest at 27% in 2011, and was narrowest at 19% in 2023. In dollar terms, the gap has widened by $4,156 since 2009.
Employment
| Metric | Gallatin County | Montana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.3% | 3.6% | 5.2% |
| Working from Home | 15.5% | 12.5% | 15.0% |
| Commute time (minutes) | 16 | 16 | 22 |
Approximately 1,698 people are unemployed in Gallatin County, Montana.
The average commute time in Gallatin County is 16 minutes, about the same as in Montana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gallatin County, Montana has fallen from 5.8% to 2.3% in 2024. Over that period the rate peaked at 6.7% in 2013 and fell as low as 2.1% in 2022.
Gallatin County, MT Wealth Compared With Nearby Counties
Gallatin County, MT is the largest of the 6 counties compared here, 124,072 residents against a local median of 9,223. The measure that sets Gallatin County, MT apart most is median household income: $95,089, 35% above the local median of $70,385. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 2.3% against a local median of 3.1%, 26% below it. Every measure here with a clear better direction points the same way, so Gallatin County, MT is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread $25,438 on median household income, so Gallatin County, MT sits at one end of an already wide local range rather than apart from it. Gallatin County, MT has the highest median household income 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. |
|---|---|---|---|---|---|
| Gallatin County, MT | 124,072 | $95,089 #1/6 | 6.6%/yr #2/6 | 2.3% #2/6 | 0.519 #3/6 |
| Park County, MT | 17,710 | $70,385 | 6.4%/yr | 2.7% | 0.505 |
| Madison County, MT | 9,223 | $75,394 | 6.2%/yr | 3.1% | 0.507 |
| Broadwater County, MT | 7,668 | $69,169 | 3.8%/yr | 3.5% | 0.530 |
| Meagher County, MT | 2,007 | $68,289 | 7.5%/yr | 1.0% | 0.520 |
| Jefferson County, MT | 12,778 | $93,727 | 5.0%/yr | 4.2% | 0.526 |
Conclusion
Considering all these factors, Gallatin County, Montana has an overall wealth index grade of B, making it somewhat better than Montana, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Gallatin County, Montana.
How Rich Is Gallatin County, Montana?
Gallatin County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $95,089, about 31% higher than the Montana average of $72,476.
Are incomes growing in Gallatin County, Montana?
Between 2009 and 2024, the median household income in Gallatin County, Montana rose 93%, from $49,273 to $95,089. Over the same years, income here outpaced Montana as a whole: +93% against +68%.
What was the median household income in Gallatin County in 2023?
In 2023, the median household income in Gallatin County, Montana was $89,486, up 6% from $84,786 in 2022. The Montana median that year was $69,624.
What was the median household income in Gallatin County in 2020?
In 2020, the median household income in Gallatin County, Montana was $70,514. By 2024 it had risen 35% to $95,089.
Do many residents of Gallatin County, Montana earn over $100,000?
Yes. 16% of adults in Gallatin County, Montana earn $100,000 or more a year (about 1 in 6), against 11% (about 1 in 9) in Montana. 16% of households have a combined income of $200,000 or more, compared with 9% in Montana.
Is it hard to find a job in Gallatin County, Montana?
Unemployment in Gallatin County, Montana is only 2.3%, 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 Gallatin County, Montana?
The Gini coefficient in Gallatin County is 0.519. 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 Gallatin County, Montana?
Since 2009, the income gap between men and women in Gallatin County, Montana has narrowed from about 26% to 20% in 2024. Over that period the gap was widest at 27% in 2011, and was narrowest at 19% in 2023. In dollar terms, the gap has widened by $4,156 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →