Income for Montanans
In almost all categories, earnings in Montana is near the bottom in almost all categories. The following stats, presented by the Minneapolis Federal Reserve Bank, compare income distribution from 2005 to 2019 in Montana based on race.
Average white earnings in Montana is $31,000 as compared to the national average of all races $35,610. Montana’s average is below that of all neighboring states and in fact is the lowest in the nation.
Average Hispanic earnings in Montana is $24,110 or 78% of white earnings – also the lowest in the nation.
Average Black earnings in Montana is $24,800 or 80% of average white earnings.
Average Asian earnings is $20,780 in Montana, 96% of average white earnings. In 2019, nationally average Asian earnings was $49,520, which was 126% of average white earnings at $39,330 and higher than the overage average earnings in the US at $35,610.
Average American Indian or Alaska Native earnings in Montana is $20,790.
Average Native Hawaiian or Pacific Islander earnings in Montana is $29,810.
0 comments