Mineral County, Montana Income Statistics
Mineral 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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D
Mineral County Well below averageLess wealthy than 91% of counties in Montana
Source: Map AI Methodology
Income Statistics Overview
| Metric | Mineral County | Montana Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,850 | $72,476 | $80,455 |
| Median Personal Income | $53,584 | $54,706 | $60,758 |
| Average Yearly Income Growth | 7.6% | 5.2% | 4.8% |
| Six-Figure Earners | 9.4% | 10.8% | 13.9% |
| $200k+ Households | 3.1% | 9.0% | 13.2% |
The median household income in Mineral County is about 9% lower than in Montana. Income has been growing faster in Mineral County (7.6%/yr) than in Montana (5.2%/yr).
About 9% of adults in Mineral 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 Mineral County, Montana grew by 77.6% from 2009 to 2024, reaching $65,850 in 2024. That's an average of about 7.6% per year.
Income Inequality and the Gender Pay Gap in Mineral County
| Metric | Mineral County | Montana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.527 | 0.523 | 0.552 |
| Male Median Income | $60,256 | $64,583 | $69,667 |
| Female Median Income | $59,065 | $50,364 | $56,850 |
| Gender Pay Gap | 2.0% | 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 Mineral County, it is 0.527, 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 2% more than women's income in Mineral County, Montana. Over a 35-year career, a 2% wage gap accumulates to roughly $41,685 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Mineral County, Montana has narrowed from about 31% to 2% in 2024. Over that period the gap was widest at 43% in 2010. In dollar terms, the gap has narrowed by $9,648 since 2009.
Employment
| Metric | Mineral County | Montana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 3.6% | 5.2% |
| Working from Home | 9.9% | 12.5% | 15.0% |
| Commute time (minutes) | 20 | 16 | 22 |
Approximately 67 people are unemployed in Mineral County, Montana.
The average commute time in Mineral County is 20 minutes, longer than the 16 minutes in Montana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mineral County, Montana has fallen from 8.4% to 3.1% in 2024. Over that period the rate peaked at 15.1% in 2014.
Mineral County, MT Wealth Compared With Nearby Counties
Mineral County, MT is the smallest of the 6 counties compared here, 4,955 residents against a local median of 13,782. Mineral County, MT's unemployment, at 3.1%, runs 41% below the 5.3% typical of the counties around it. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 7.6%/yr against a local median of 6.1%/yr, 26% above it. Every measure here with a clear better direction points the same way, so Mineral County, MT is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 2.2% on unemployment, so Mineral County, MT sits at one end of an already wide local range rather than apart from it. Mineral 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. |
|---|---|---|---|---|---|
| Mineral County, MT | 4,955 | $65,850 #2/6 | 7.6%/yr #1/6 | 3.1% #1/6 | 0.527 #3/6 |
| Sanders County, MT | 13,282 | $59,078 | 7.1%/yr | 6.0% | 0.552 |
| Clearwater County, ID | 9,011 | $59,999 | 5.3%/yr | 4.5% | 0.554 |
| Shoshone County, ID | 13,782 | $56,255 | 5.4%/yr | 5.3% | 0.521 |
| Lake County, MT | 32,553 | $63,733 | 6.1%/yr | 5.7% | 0.558 |
| Missoula County, MT | 120,671 | $75,565 | 6.2%/yr | 3.7% | 0.495 |
Conclusion
Considering all these factors, Mineral County, Montana has an overall wealth index grade of D, making it somewhat worse than Montana, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Mineral County, Montana.
How Rich Is Mineral County, Montana?
Mineral County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $65,850, about 9% lower than the Montana average of $72,476.
How fast is household income rising in Mineral County, Montana?
Between 2009 and 2024, the median household income in Mineral County, Montana rose 78%, from $37,076 to $65,850. Over the same years, income here outpaced Montana as a whole: +78% against +68%.
What was the median household income in Mineral County in 2023?
In 2023, the median household income in Mineral County, Montana was $61,238, up 7% from $56,980 in 2022. The Montana median that year was $69,624.
What was the median household income in Mineral County in 2020?
In 2020, the median household income in Mineral County, Montana was $48,838. By 2024 it had risen 35% to $65,850.
What is the Gini coefficient in Mineral County, Montana?
The Gini coefficient in Mineral County is 0.527. 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 Mineral County, Montana?
Since 2009, the income gap between men and women in Mineral County, Montana has narrowed from about 31% to 2% in 2024. Over that period the gap was widest at 43% in 2010. In dollar terms, the gap has narrowed by $9,648 since 2009.
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