The 10 Richest Cities In Montana For 2021


We analyzed 33 places in Montana to determine where the 1% live.

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Sidney, Belgrade, Laurel: 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 $59,125 and a ridiculously low poverty rate of 5.3926947797460425%.

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 2015-2019 American Community Survey for the 34 places in Montana with more than 2,000 people.

Here are the 10 richest places in Montana for 2021:

  1. Sidney
  2. Belgrade
  3. Laurel
  4. Billings
  5. Whitefish
  6. Colstrip
  7. Glendive
  8. Helena
  9. Red Lodge
  10. Columbus

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 some more reading about Montana:

The 10 Richest Cities In Montana For 2021

1. Sidney

Sidney, MT

Overall SnackAbility

7
/10

Population: 6,416
Rank Last Year: 1 (No Change)
Median Income: $59,125
Unemployment Rate: 1.6%
Poverty Rate: 5.4%
More on Sidney: Real Estate | Photos

2. Belgrade

Belgrade, MT

Source: Public domain
Overall SnackAbility

8
/10

Population: 8,685
Rank Last Year: 2 (No Change)
Median Income: $59,146
Unemployment Rate: 2.9%
Poverty Rate: 6.8%
More on Belgrade: Real Estate | Photos

3. Laurel

Laurel, MT

Overall SnackAbility

6
/10

Population: 6,834
Rank Last Year: 9 (Up 6)
Median Income: $55,503
Unemployment Rate: 2.6%
Poverty Rate: 7.4%
More on Laurel: Real Estate | Photos

4. Billings

Billings, MT

Overall SnackAbility

8
/10

Population: 109,595
Rank Last Year: 6 (Up 2)
Median Income: $59,656
Unemployment Rate: 3.3%
Poverty Rate: 10.0%
More on Billings: Real Estate | Photos

5. Whitefish

Whitefish, MT

Overall SnackAbility

6
/10

Population: 7,714
Rank Last Year: 12 (Up 7)
Median Income: $52,037
Unemployment Rate: 3.0%
Poverty Rate: 7.6%
More on Whitefish: Real Estate | Photos

6. Colstrip

Colstrip, MT

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 2,448
Rank Last Year: 5 (Down 1)
Median Income: $86,797
Unemployment Rate: 6.0%
Poverty Rate: 5.4%
More on Colstrip: Real Estate | Photos

7. Glendive

Glendive, MT

Overall SnackAbility

8.5
/10

Population: 5,126
Rank Last Year: 3 (Down 4)
Median Income: $49,141
Unemployment Rate: 2.0%
Poverty Rate: 11.4%
More on Glendive: Real Estate | Photos

8. Helena

Helena, MT

Overall SnackAbility

8
/10

Population: 32,024
Rank Last Year: 14 (Up 6)
Median Income: $61,324
Unemployment Rate: 3.1%
Poverty Rate: 13.7%
More on Helena: Real Estate | Photos

9. Red Lodge

Red Lodge, MT

Source: Public domain
Overall SnackAbility

8
/10

Population: 2,212
Rank Last Year: 8 (Down 1)
Median Income: $48,311
Unemployment Rate: 0.5%
Poverty Rate: 12.5%
More on Red Lodge: Real Estate | Photos

10. Columbus

Columbus, MT

Overall SnackAbility

6
/10

Population: 2,194
Rank Last Year: 13 (Up 3)
Median Income: $64,038
Unemployment Rate: 4.0%
Poverty Rate: 8.8%
More on Columbus: Real Estate | Photos

How We Determined The Richest Places In Montana For 2021

Map Of The Richest Places To Live In Montana
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 2015-2019 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 City In Montana For 2021”. You can download the data here.

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

There You Have It – The Wealthiest Places In Montana For 2021

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: Wolf Point
2nd Poorest: Dillon
3rd Poorest: Polson

For more Montana reading, check out:

Detailed List Of The Richest Cities In Montana

Rank City RichScore Median Income
1 Sidney 4.0 $59,125
2 Belgrade 6.0 $59,146
3 Laurel 7.0 $55,503
4 Billings 9.0 $59,656
5 Whitefish 9.0 $52,037
6 Colstrip 10.0 $86,797
7 Glendive 10.33 $49,141
8 Helena 10.33 $61,324
9 Red Lodge 10.67 $48,311
10 Columbus 11.0 $64,038
11 Glasgow 11.33 $53,235
12 Columbia Falls 12.33 $46,821
13 Deer Lodge 14.0 $46,799
14 Bozeman 14.33 $55,569
15 Townsend 14.33 $50,865
16 Shelby 14.33 $44,740
17 Miles City 14.67 $50,991
18 Livingston 15.67 $46,097
19 Conrad 17.0 $48,636
20 Kalispell 18.33 $50,294
21 Great Falls 19.0 $46,965
22 Hamilton 21.0 $32,006
23 Malta 21.33 $44,189
24 Missoula 21.67 $47,426
25 Havre 23.33 $48,294
26 Anaconda-Deer Lodge County 24.33 $41,820
27 Cut Bank 27.33 $39,722
28 Lewistown 27.67 $38,575
29 Hardin 28.33 $46,154
30 Stevensville 28.33 $33,219
31 Libby 28.33 $37,802
32 Polson 29.67 $37,054
33 Dillon 29.67 $32,833
34 Wolf Point 31.33 $43,555

How Is The Area In ?

Editor’s Note: Data has been updated for 2021. This is our seventh time ranking the richest cities in Montana.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.