These Are The 10 Richest Cities In Montana For 2018

We analyzed over 22 places in Montana to determine where the 1% live.

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Sidney, Three Forks, Glasgow: These cities aren’t just some of the best places to live in Montana. They are also home to some of the richest people in the Treasure State.

Sidney in particular houses the richest residents in the state thanks, in part, to a median household income of $59,131 and a ridiculously low poverty rate of 7.6%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Montana share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 34 places in Montana with more than 2,000 people.

At the end of the day, here’s the set of the 10 richest places in Montana for 2018:

  1. Sidney (Photos | Homes For Sale)
  2. Three Forks (Photos | Homes For Sale)
  3. Glasgow (Photos | Homes For Sale)
  4. East Helena (Photos | Homes For Sale)
  5. Colstrip (Photos | Homes For Sale)
  6. Billings (Photos | Homes For Sale)
  7. Laurel (Photos | Homes For Sale)
  8. Belgrade (Photos | Homes For Sale)
  9. Miles City (Photos | Homes For Sale)
  10. Shelby (Photos | Homes For Sale)

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Montana.

Rich people not your cup of tea? Feel free to check out the best places to live in Montana or the poorest.

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How We Determined The Richest Places In Montana For 2018

The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the ‘richest places’. So we looked at this set of criteria from the newly released 2012-2016 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 34 places with more than 2,000 people in Montana, we ranked each place from 1 to 34 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a ‘Rich Score’ with the place having the lowest overall Rich Score, Sidney, crowned the ‘Richest Place In Montana For 2018’.

You can learn more about the top ten below or skip to the end to see the rankings for all 34 places.

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1. Sidney

Sidney, Montana

Population: 6,407
Median Income: $59,131
Unemployment Rate: 2.3%
Poverty Rate: 7.6%
More on Sidney: Homes For Sale | Data
Sidney is a city in and the county seat of Richland County, Montana, United States, less than 10 mi (16 km) away from the North Dakota border. The population was 5,191 at the 2010 census. The city lies along the Yellowstone River and is in proximity to the badlands of the Dakotas. Sidney is approximately midway between Glendive, Montana and Williston, North Dakota.

2. Three Forks

Three Forks, Montana

Population: 2,083
Median Income: $53,229
Unemployment Rate: 3.5%
Poverty Rate: 7.4%
More on Three Forks: Homes For Sale | Data

3. Glasgow

Glasgow, Montana

Population: 3,363
Median Income: $53,235
Unemployment Rate: 3.6%
Poverty Rate: 10.3%
More on Glasgow: Homes For Sale | Data

4. East Helena

East Helena, Montana

Population: 2,286
Median Income: $52,639
Unemployment Rate: 4.8%
Poverty Rate: 7.4%
More on East Helena: Homes For Sale | Data

5. Colstrip

Colstrip, Montana

Source: Public domain

Population: 2,288
Median Income: $89,483
Unemployment Rate: 7.3%
Poverty Rate: 4.7%
More on Colstrip: Homes For Sale | Data

6. Billings

Billings, Montana

Population: 109,089
Median Income: $52,944
Unemployment Rate: 3.6%
Poverty Rate: 11.6%
More on Billings: Homes For Sale | Data
Billings is the largest city in the state of Montana, and the principal city of the Billings Metropolitan Area with a population of 166,855. It has a trade area of over half a million people.

7. Laurel

Laurel, Montana

Population: 6,931
Median Income: $49,839
Unemployment Rate: 3.8%
Poverty Rate: 7.7%
More on Laurel: Homes For Sale | Data
Laurel is a city in Yellowstone County, Montana, United States. It is the third largest community in the Billings Metropolitan Statistical Area, and is located in the Yellowstone Valley, as an east-west terminal division point of the Burlington-Northern Railroad. The population was 6,781 at the 2010 census.

8. Belgrade

Belgrade, Montana

Source: Public domain

Population: 7,874
Median Income: $54,000
Unemployment Rate: 5.2%
Poverty Rate: 9.4%
More on Belgrade: Homes For Sale | Data

9. Miles City

Miles City, Montana

Population: 8,667
Median Income: $47,383
Unemployment Rate: 2.8%
Poverty Rate: 13.5%
More on Miles City: Homes For Sale | Data
Miles City is a city in and the county seat of Custer County, Montana, United States. The population was 8,410 at the 2010 census.

10. Shelby

Shelby, Montana

Population: 3,160
Median Income: $45,285
Unemployment Rate: 0.5%
Poverty Rate: 13.9%
More on Shelby: Homes For Sale | Data

There You Have It – The Wealthiest Places In Montana For 2018

Like we said earlier, when we set out to identify the richest places in Montana, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Montana.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Montana, according to data:

Poorest: Dillon
2nd Poorest: Libby
3rd Poorest: Polson

For more Montana reading , check out:

  • 10 Cheapest Places To Live In Montana
  • 10 Most Diverse Cities In Montana
  • 10 Worst Places To Live In Montana
  • Detailed List Of The Richest Cities In Montana

    City Rank Median Income
    Sidney 1 $59,131
    Three Forks 2 $53,229
    Glasgow 3 $53,235
    East Helena 4 $52,639
    Colstrip 5 $89,483
    Billings 6 $52,944
    Laurel 7 $49,839
    Belgrade 8 $54,000
    Miles City 9 $47,383
    Shelby 10 $45,285
    Whitefish 11 $51,250
    Helena 12 $52,288
    Deer Lodge 13 $37,917
    Livingston 14 $40,358
    Red Lodge 15 $42,120
    Columbia Falls 16 $47,157
    Lewistown 17 $37,695
    Columbus 18 $49,805
    Conrad 19 $39,432
    Great Falls 20 $43,497
    Glendive 21 $47,350
    Havre 22 $43,306
    Bozeman 23 $48,612
    Anaconda-Deer Lodge County 24 $39,212
    Kalispell 25 $41,467
    Missoula 26 $42,389
    Wolf Point 27 $38,397
    Stevensville 28 $32,120
    Hamilton 29 $31,845
    Hardin 30 $40,884
    Cut Bank 31 $36,542
    Polson 32 $33,013
    Libby 33 $24,271
    Dillon 34 $32,180

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