ExecutivePulse
Official Federal Data

Meagher County, Montana

FIPS 30059 · Population 2,007
9 Sources Updated June 22, 2026
$71,932
Median Income
$80,734 national
2.8%
Unemployment
4% national
$90M
GDP
30%
Bachelor's+
35.7% national
Small population: 2,007 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$71,932
Per Capita
$37,958
Mean Household
$83,602
Poverty Rate
12.4% approx.
Median Income Comparison
Meagher County$71,932
Montana$72,509
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 34.7% (697 residents) 55-64: 17.6% (354 residents) 35-54: 19% (381 residents) 18-34: 16.4% (329 residents) Under 18: 12.3% (246 residents) 58 Median Age
Cohorts
Under 18 · 12.3%
18-34 · 16.4%
35-54 · 19%
55-64 · 17.6%
65+ · 34.7%
Race & Ethnicity
White95.7%
Black or African American0.7%
Asian0%
Hispanic or Latino(any race)3.2%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
91.8%
High School+
National: 89.6%
▲ +2.2 pts
30%
Bachelor's+
National: 35.7%
▼ 5.7 pts
5.7%
Graduate+
National: 14.1%
▼ 8.4 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
2,007
Population
1,100
Labor Force
Employed
1,097
Unemployment Rate BLS LAUS 2025 annual
2.8% ▲ +0.2 pts YoY
Mean Commute 26 min below national avg
0.0 min
Work From Home vs 15.1% national
15.7%
Key Takeaways
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 5.7 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 58 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$90M
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Meagher County, Montana, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Agriculture, Forestry, Fishing and Hunting
113 45.2%
$57,867
2Retail Trade
64 25.6%
$23,220
3Mining, Quarrying, and Oil and Gas Extraction
33 13.2%
$114,593
4Professional, Scientific, and Technical Services
17 6.8%
$46,021
5Other Services (except Public Administration)
15 6.0%
$31,377
6Administrative and Support and Waste Management
8 3.2%
$47,421
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Key Takeaways
  • Largest sector: Agriculture, Forestry, Fishing and Hunting employs 113 workers (45.2% of tracked sectors), at an average wage of $57,867.
  • Economic scale: Regional GDP of $90M (2024).
  • Wage stratification: Mining, Quarrying, and Oil and Gas Extraction averages $114,593 while Retail Trade averages $23,220, a 4.9x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Animal Production and Aquaculture
86.04x
105
1.92x
196

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Goods-Producing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
196
Cluster Employment
1.92x
Peak LQ
Concentrated Sub-Sectors
Animal Production and Aquaculture
86.04x 105
1.92x 196

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
Key Takeaways
  • Top specialization: Animal Production and Aquaculture concentrates at 86.04x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
Source: BLS QCEW sub-sector Location Quotients.
Meagher County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$259,800
Median Home Value vs 2019
$1,263
Rent/Mo
75.4%
Owner-Occ
36.1%
Vacancy
3.6x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,044/mo
1 Bedroom
$1,087/mo
2 Bedroom
$1,393/mo
3 Bedroom
$1,925/mo
4 Bedroom
$2,252/mo
30% of monthly median household income (~$1,798/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.6x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 75.4% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 36.1% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,798/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
1,064
Working Age (18-64) vs 2019
Mean Commute 26 min below national avg
0.0 min
Work From Home vs 15.1% national
15.7%
Prime-Age Employed (25-54)
89.6%
of prime-age population
Labor force participation rate: 62.5% of working-age population (18-64) 62% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
30%
HS Diploma+
91.8%
Regional / Statewide Institutions
Total credentials awarded
8,624/yr
Montana State University 3,536/yr
The University of Montana 3,194/yr
Montana State University Billings 795/yr
The University of Montana-Western 425/yr
Montana Technological University 381/yr
Flathead Valley Community College 293/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
33.3%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
53.3%
Service
9.4%
Sales & Office
15.6%
Construction / Maint.
14%
Production / Transport
7.7%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 1,097 employed workers.
Key Takeaways
  • Succession risk is real: 33.3% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 7,525 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Meagher County shows strong potential for animal production and aquaculture attraction, with a 86.04x concentration and 105 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 33.3% of the working-age population within 10 years of retirement age.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Meagher County, Montana, from federal data sources.

What is the population of Meagher County, Montana?

2,007 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Meagher County, Montana?

$71,932 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Meagher County, Montana?

2.8% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Meagher County, Montana?

$90M (U.S. Bureau of Economic Analysis, CAGDP1).