The 10 Richest Cities In Montana For 2022


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 $60,284 and a ridiculously low poverty rate of 6.669835234474018%.

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 2016-2020 American Community Survey for the 32 places in Montana with more than 2,000 people.

Here are the 10 richest places in Montana for 2022:

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

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 2022

1. Sidney

Sidney, MT

Overall SnackAbility

7
/10

Population: 6,351
Rank Last Year: 1 (No Change)
Median Income: $60,284
Unemployment Rate: 1.4%
Poverty Rate: 6.7%
More on Sidney: Real Estate | Photos

2. Belgrade

Belgrade, MT

Source: Public domain
Overall SnackAbility

8
/10

Population: 9,184
Rank Last Year: 2 (No Change)
Median Income: $62,335
Unemployment Rate: 0.8%
Poverty Rate: 11.1%
More on Belgrade: Real Estate | Photos

3. Laurel

Laurel, MT

Overall SnackAbility

6
/10

Population: 6,797
Rank Last Year: 3 (No Change)
Median Income: $56,902
Unemployment Rate: 2.4%
Poverty Rate: 5.8%
More on Laurel: Real Estate | Photos

4. Billings

Billings, MT

Overall SnackAbility

8
/10

Population: 109,705
Rank Last Year: 4 (No Change)
Median Income: $60,032
Unemployment Rate: 3.6%
Poverty Rate: 9.8%
More on Billings: Real Estate | Photos

5. Colstrip

Colstrip, MT

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 2,335
Rank Last Year: 6 (Up 1)
Median Income: $90,263
Unemployment Rate: 4.5%
Poverty Rate: 6.2%
More on Colstrip: Real Estate | Photos

6. Helena

Helena, MT

Overall SnackAbility

8
/10

Population: 32,655
Rank Last Year: 8 (Up 2)
Median Income: $60,074
Unemployment Rate: 3.6%
Poverty Rate: 11.8%
More on Helena: Real Estate | Photos

7. Whitefish

Whitefish, MT

Overall SnackAbility

6
/10

Population: 8,032
Rank Last Year: 5 (Down 2)
Median Income: $51,821
Unemployment Rate: 4.1%
Poverty Rate: 6.2%
More on Whitefish: Real Estate | Photos

8. Red Lodge

Red Lodge, MT

Source: Public domain
Overall SnackAbility

8
/10

Population: 2,134
Rank Last Year: 9 (Up 1)
Median Income: $49,286
Unemployment Rate: 1.4%
Poverty Rate: 12.9%
More on Red Lodge: Real Estate | Photos

9. Shelby

Shelby, MT

Overall SnackAbility

6
/10

Population: 2,875
Rank Last Year: 16 (Up 7)
Median Income: $44,250
Unemployment Rate: 1.5%
Poverty Rate: 10.3%
More on Shelby: Real Estate | Photos

10. Glendive

Glendive, MT

Overall SnackAbility

8.5
/10

Population: 5,030
Rank Last Year: 7 (Down 3)
Median Income: $47,541
Unemployment Rate: 2.9%
Poverty Rate: 10.8%
More on Glendive: Real Estate | Photos

Methodology: How We Determined The Richest Places In Montana For 2022

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 2016-2020 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 32 places with more than 2,000 people in Montana, we ranked each place from 1 to 32 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 2022”. 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 32 places.

Summary: The Wealthiest Places In Montana For 2022

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: Lewistown
3rd Poorest: Dillon

For more Montana reading, check out:

Detailed List Of The Richest Cities In Montana

Rank City RichScore Median Income
1 Sidney 3.67 $60,284
2 Belgrade 5.0 $62,335
3 Laurel 6.0 $56,902
4 Billings 8.33 $60,032
5 Colstrip 8.33 $90,263
6 Helena 9.67 $60,074
7 Whitefish 10.67 $51,821
8 Red Lodge 11.67 $49,286
9 Shelby 12.33 $44,250
10 Glendive 13.33 $47,541
11 Bozeman 14.0 $59,695
12 Glasgow 14.67 $50,541
13 Miles City 15.0 $53,571
14 Livingston 15.67 $44,591
15 Townsend 16.0 $58,092
16 Great Falls 16.67 $49,809
17 Columbia Falls 16.67 $48,427
18 Malta 17.0 $44,924
19 Deer Lodge 19.0 $36,168
20 Missoula 19.0 $50,947
21 Libby 20.0 $37,434
22 Havre 20.33 $50,635
23 Polson 20.67 $39,604
24 Cut Bank 20.67 $42,616
25 Conrad 20.67 $48,889
26 Hamilton 21.0 $36,117
27 Kalispell 21.33 $47,750
28 Anaconda-Deer Lodge County 23.33 $42,129
29 Hardin 23.33 $49,906
30 Dillon 26.67 $35,304
31 Lewistown 28.67 $34,065
32 Wolf Point 28.67 $44,648

How Is The Area In ?

Editor’s Note: Data has been updated for 2022. This is our ninth 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.