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Cost of Living in Jefferson County, MT

Population 12,774 · Census ACS 2020–2024 5-year estimates

Median rent$925
Median home value$446,900
Median household income$95,490

The median rent in Jefferson County, MT is $925/month, 14% lower than the Montana median and 35% lower than the U.S. median. The median home value is $446,900, 34% higher than the national median. Households earn a median of $95,490 a year, 32% higher than the state median.

Affordability

Rent as a share of median income: 11.6%
Income needed for median rent (30% rule): $37,000/yr
Home price-to-income ratio: 4.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,260/mo

Run your own numbers: mortgage calculator · hourly to salary

Jefferson County vs. Montana vs. U.S.

Jefferson CountyMontanaU.S.
Median rent$925$1,081$1,413
Median home value$446,900$375,800$332,700
Median household income$95,490$72,509$80,734
Homeownership rate84.2%69.2%65.2%
Bachelor's degree or higher32.2%35.2%35.7%
Poverty rate5.7%11.5%12.5%
Unemployment rate4.2%3.6%5.2%
Work from home12.7%12.5%15.1%
Median age47.140.438.9

FAQ

What is the average rent in Jefferson County, MT?

The median gross rent in Jefferson County, MT is $925 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Jefferson County, MT?

Using the common 30% rule, renting a median-priced home takes about $37,000 a year in gross income.

Is Jefferson County, MT expensive to live in?

Rent there is 35% lower than the U.S. median, and the median home costs about 4.7 times the median household income.

Other counties in Montana

Yellowstone County, MTRent $1,131 · Income $76,570Gallatin County, MTRent $1,694 · Income $93,528Missoula County, MTRent $1,190 · Income $75,598Flathead County, MTRent $1,142 · Income $73,925Cascade County, MTRent $939 · Income $67,690Lewis and Clark County, MTRent $1,102 · Income $78,237

Counties with a similar cost of living

Le Sueur County, MNRent $942 · Income $94,968Pottawatomie County, KSRent $924 · Income $92,325Saunders County, NERent $960 · Income $94,066Washington County, NERent $965 · Income $94,396Woodford County, ILRent $912 · Income $91,483Warren County, IARent $973 · Income $94,588

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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