Montana

#24

Montana

State Facts

Minimum Wage $10.85
2-Bedroom Housing Wage $29.97
Number of Renter Households 141,459
Number of Renter Households
Below 30% AMI
30,831
Percent of Renter Households
Below 30% AMI
21%
Number of Renter Households
Below 50% AMI
53,973
Percent of Renter Households
Below 50% AMI
37%

Affordable Rent for Low Income Households

Minimum Wage Worker

$564/mo

Household at 30% of Area Median Income

$769/mo

Household at 50% of Area Median Income

$1,282/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$1,240/mo

2-Bedroom Fair Market Rent

$1,558/mo

Working at minimum wage $10.85/hr

Each week you have to work 88 hours

To afford a modest 1 bedroom rental home at Fair Market Rent

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Compare Jurisdictions

Montana Montana Non-metropolitan areas Billings HMFA Bozeman MSA Broadwater County HMFA Great Falls MSA Jefferson County HMFA Lewis and Clark County HMFA Mineral County HMFA Missoula HMFA Stillwater County HMFA
Number of Households
Total 458,859 199,796 74,561 51,215 2,822 35,615 4,996 31,215 2,150 52,679 3,810
Renter 141,459 54,814 22,264 19,945 343 11,207 790 9,338 406 21,701 651
Percent Renters 31% 27% 30% 39% 12% 31% 16% 30% 19% 41% 17%
Housing Wage
Zero-Bedroom $21.53 $20.28 $19.54 $28.56 $23.85 $18.46 $18.62 $21.85 $18.10 $21.98 $17.00
One-Bedroom $23.85 $21.69 $21.33 $31.58 $30.67 $18.83 $20.58 $25.37 $20.83 $26.92 $18.42
Two-Bedroom $29.97 $27.07 $27.25 $41.42 $33.62 $24.69 $27.00 $31.67 $26.17 $31.83 $24.17
Three-Bedroom $40.91 $36.03 $37.52 $57.62 $40.31 $34.35 $37.42 $43.27 $31.38 $44.27 $33.62
Four-Bedroom $48.14 $43.21 $42.62 $68.02 $54.92 $39.13 $37.58 $48.00 $36.83 $53.38 $40.56
Fair Market Rent
Zero-Bedroom $1,119 $1,054 $1,016 $1,485 $1,240 $960 $968 $1,136 $941 $1,143 $884
One-Bedroom $1,240 $1,128 $1,109 $1,642 $1,595 $979 $1,070 $1,319 $1,083 $1,400 $958
Two-Bedroom $1,558 $1,408 $1,417 $2,154 $1,748 $1,284 $1,404 $1,647 $1,361 $1,655 $1,257
Three-Bedroom $2,127 $1,873 $1,951 $2,996 $2,096 $1,786 $1,946 $2,250 $1,632 $2,302 $1,748
Four-Bedroom $2,503 $2,247 $2,216 $3,537 $2,856 $2,035 $1,954 $2,496 $1,915 $2,776 $2,109
Annual Income Needed to Afford
Zero-Bedroom $44,776 $42,172 $40,640 $59,400 $49,600 $38,400 $38,720 $45,440 $37,640 $45,720 $35,360
One-Bedroom $49,598 $45,125 $44,360 $65,680 $63,800 $39,160 $42,800 $52,760 $43,320 $56,000 $38,320
Two-Bedroom $62,334 $56,313 $56,680 $86,160 $69,920 $51,360 $56,160 $65,880 $54,440 $66,200 $50,280
Three-Bedroom $85,090 $74,935 $78,040 $119,840 $83,840 $71,440 $77,840 $90,000 $65,280 $92,080 $69,920
Four-Bedroom $100,125 $89,887 $88,640 $141,480 $114,240 $81,400 $78,160 $99,840 $76,600 $111,040 $84,360
Minimum Wage
Minimum Wage $10.85 $10.85 $10.85 $10.85 $10.85 $10.85 $10.85 $10.85 $10.85 $10.85 $10.85
Rent Affordable for a Full-Time Worker at Minimum Wage $564 $564 $564 $564 $564 $564 $564 $564 $564 $564 $564
Work Hours/Week at Minimum Wage
Zero-Bedroom 79 75 72 105 88 68 69 81 67 81 63
One-Bedroom 88 80 79 116 113 69 76 94 77 99 68
Two-Bedroom 110 100 100 153 124 91 100 117 96 117 89
Three-Bedroom 151 133 138 212 149 127 138 160 116 163 124
Four-Bedroom 177 159 157 251 202 144 139 177 136 197 150
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994
Rent affordable to SSI recipient $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298
Income Levels
30% of Area Median Income (AMI) $30,780 $26,690 $33,900 $39,060 $26,460 $26,700 $34,560 $36,720 $23,280 $33,030 $33,690
50% of Area Median Income (AMI) $51,300 $44,484 $56,500 $65,100 $44,100 $44,500 $57,600 $61,200 $38,800 $55,050 $56,150
Median Renter Household Income $51,727 $45,919 $49,945 $72,205 $33,409 $44,517 $61,530 $55,525 $34,819 $51,794 $49,981
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $769 $667 $848 $977 $662 $668 $864 $918 $582 $826 $842
50% of Area Median Income (AMI) $1,282 $1,112 $1,413 $1,628 $1,103 $1,113 $1,440 $1,530 $970 $1,376 $1,404
Median Renter Household Income $1,293 $1,148 $1,249 $1,805 $835 $1,113 $1,538 $1,388 $870 $1,295 $1,250

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Waiters and Waitresses 7,200 $11.54
Bartenders 5,370 $12.86
Fast Food and Counter Workers 14,960 $14.37
Cashiers 12,170 $16.90
Maids and Housekeeping Cleaners 5,380 $17.66
Retail Salespersons 13,490 $17.93
Home Health and Personal Care Aides 10,400 $18.10
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 8,320 $18.34
Cooks, Restaurant 7,580 $18.81
Stockers and Order Fillers 8,900 $19.29
Nursing Assistants 4,390 $20.22
Medical Secretaries and Administrative Assistants 4,410 $21.62
Laborers and Freight, Stock, and Material Movers, Hand 3,870 $21.67
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 4,520 $21.72
First-Line Supervisors of Food Preparation and Serving Workers 4,650 $21.75
Customer Service Representatives 4,910 $22.38
Landscaping and Groundskeeping Workers 4,270 $22.41
Office Clerks, General 10,390 $22.97
Maintenance and Repair Workers, General 5,420 $23.17
Bookkeeping, Accounting, and Auditing Clerks 6,980 $23.36
Housing Wage 1 Bedroom $23.85
All Occupations 511,580 $24.08
First-Line Supervisors of Retail Sales Workers 5,830 $24.36
Construction Laborers 4,590 $24.63
Carpenters 4,030 $29.07
Heavy and Tractor-Trailer Truck Drivers 7,830 $29.09
Housing Wage 2 Bedroom $29.97
First-Line Supervisors of Office and Administrative Support Workers 4,030 $30.91
Business Operations Specialists, All Other 4,760 $37.05
Accountants and Auditors 4,730 $37.47
First-Line Supervisors of Construction Trades and Extraction Workers 4,350 $38.01
Registered Nurses 10,950 $42.14
General and Operations Managers 11,840 $45.15