Meagher County, Montana Income Statistics
Meagher 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.
-
C
Meagher County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Meagher County | Montana Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,289 | $72,476 | $80,455 |
| Median Personal Income | $46,186 | $54,706 | $60,758 |
| Average Yearly Income Growth | 7.5% | 5.2% | 4.8% |
| Six-Figure Earners | 8.7% | 10.8% | 13.9% |
| $200k+ Households | 8.2% | 9.0% | 13.2% |
The median household income in Meagher County is about 6% lower than in Montana. Income has been growing faster in Meagher County (7.5%/yr) than in Montana (5.2%/yr).
About 9% of adults in Meagher 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 Meagher County, Montana grew by 103.9% from 2009 to 2024, reaching $68,289 in 2024. That's an average of about 7.5% per year.
Income Inequality and the Gender Pay Gap in Meagher County
| Metric | Meagher County | Montana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.520 | 0.523 | 0.552 |
| Male Median Income | $57,359 | $64,583 | $69,667 |
| Female Median Income | $47,888 | $50,364 | $56,850 |
| Gender Pay Gap | 16.5% | 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 Meagher County, it is 0.520, 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 20% more than women's income in Meagher County, Montana. Over a 35-year career, a 20% wage gap accumulates to roughly $331,485 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Meagher County, Montana has stayed about the same since 2009, at around 17%. Over that period the gap was widest at 41% in 2010, and was narrowest at 1% in 2018. In dollar terms, the gap has widened by $4,153 since 2009.
Employment
| Metric | Meagher County | Montana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.0% | 3.6% | 5.2% |
| Working from Home | 15.7% | 12.5% | 15.0% |
| Commute time (minutes) | 12 | 16 | 22 |
Approximately 3 people are unemployed in Meagher County, Montana.
The average commute time in Meagher County is 12 minutes, shorter than the 16 minutes in Montana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Meagher County, Montana has fallen from 4.9% to 1.0% in 2024. Over that period the rate fell as low as 1.0% in 2019.
Meagher County, MT Wealth Compared With Nearby Counties
Meagher County, MT is the smallest of the 6 counties compared here, 2,007 residents against a local median of 7,668. Meagher County, MT's income growth, at 7.5%/yr, runs 77% above the 4.2%/yr typical of the counties around it. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 1.0% against a local median of 2.3%, 57% below it. Every measure here with a clear better direction points the same way, so Meagher County, MT is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 3.0%/yr on income growth, so Meagher County, MT sits at one end of an already wide local range rather than apart from it. Meagher County, MT has the highest income growth 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. |
|---|---|---|---|---|---|
| Meagher County, MT | 2,007 | $68,289 #3/6 | 7.5%/yr #1/6 | 1.0% #1/6 | 0.520 #3/6 |
| Broadwater County, MT | 7,668 | $69,169 | 3.8%/yr | 3.5% | 0.530 |
| Judith Basin County, MT | 2,070 | $59,436 | 3.7%/yr | 1.0% | 0.527 |
| Cascade County, MT | 84,603 | $67,044 | 5.0%/yr | 3.1% | 0.513 |
| Wheatland County, MT | 2,056 | $49,196 | 4.2%/yr | 1.0% | 0.545 |
| Gallatin County, MT | 124,072 | $95,089 | 6.6%/yr | 2.3% | 0.519 |
Conclusion
Considering all these factors, Meagher 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 Meagher County, Montana.
How Rich Is Meagher County, Montana?
Meagher 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 $68,289, about 6% lower than the Montana average of $72,476.
Are incomes growing in Meagher County, Montana?
Between 2009 and 2024, the median household income in Meagher County, Montana rose 104%, from $33,489 to $68,289. Over the same years, income here outpaced Montana as a whole: +104% against +68%.
What was the median household income in Meagher County in 2023?
In 2023, the median household income in Meagher County, Montana was $54,336, about the same as in 2022. The Montana median that year was $69,624.
What was the median household income in Meagher County in 2020?
In 2020, the median household income in Meagher County, Montana was $47,556. By 2024 it had risen 44% to $68,289.
Is it hard to find a job in Meagher County, Montana?
Unemployment in Meagher County, Montana is only 1.0%, 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 Meagher County, Montana?
The Gini coefficient in Meagher County is 0.520. 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 Meagher County, Montana?
The income gap between men and women in Meagher County, Montana has stayed about the same since 2009, at around 17%. Over that period the gap was widest at 41% in 2010, and was narrowest at 1% in 2018. In dollar terms, the gap has widened by $4,153 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 →