26 / 100

Flathead County, MT

RANK #730 / 1001 NAT  ·  POP 110,695

1YR FORECAST: -0.9%

5YR OUTLOOK: +25%

Our model projects Flathead County's housing market at -0.9% over the next year, underperforming most U.S. counties.

[01] Why Flathead County?

Flathead County, Montana, is defined by its proximity to Glacier National Park, often called the "Crown Jewel of the Continent." Located in northwest Montana, the county is about two hours north of Missoula. Major towns include Kalispell, the county seat, along with Whitefish and Columbia Falls. The community feel is influenced by its natural surroundings, with over 80% of the county's land protected as national parks, forests, and timber reserves. This provides extensive outdoor recreation, including hiking, skiing at Whitefish Mountain Resort and Blacktail Mountain Ski Area, and water activities on Flathead Lake and the Flathead River. Commutes within the county are relatively short, with an average of 19.6 minutes.

Life in Flathead County attracts a mix of families, retirees, and remote workers drawn to the natural amenities and a slower pace. The economy, while historically tied to logging and agriculture, has diversified, with healthcare, retail trade, and construction now being major employers. Flathead County has experienced sustained economic growth, with job growth leading the state in recent years. Healthcare, in particular, has seen significant expansion, driven by an aging population. The Kalispell Public School District is one of Montana's largest, offering a range of academic and activity programs, and Flathead Valley Community College provides various two-year and four-year opportunities.

MARKET PROFILE

Idiosyncratic Markets

Flathead County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +0.2% YoY, population +2.1%, wages +3.6%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
19.2x

Overvalued relative to economy

Home Prices
+0.2%

Well below national median

Climate & Terrain
2.8

Moderate climate & terrain

Price/Rent
22x

Prices detached from rents

Housing looks overvalued at 19.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Healthcare & Social Assistance Healthcare
    5,000+
  2. 2
    Retail Trade Retail
  3. 3
    Construction Other
  4. 4
    Logan Health (formerly Kalispell Regional Medical Center) Healthcare
  5. 5
    Flathead County Government Government
    1,000+
  6. 6
    Applied Materials Manufacturing
    500+
  7. 7
    Flathead Valley Community College Education
    250+
  8. 8
    Kalispell School District Education
  9. 9
    Glacier Bancorp, Inc. Finance
  10. 10
    National Flood Services Finance

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Flathead County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
110,695
+2.07% YoY
Median Household Income
$73,925
Median Home Value
$535,500
+0.22% 12mo
Median Rent
$1,142
Average Annual Pay
$60,430
+3.6% YoY
Employment
51,039
+0.8% YoY
Income-to-Home-Value
0.138
Less affordable than average
Migration Inflow
1.34%
of pop. from another state
Bachelor's Degree+
37.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$648,999
Days on Market
72
Slower market
Months of Supply
6.5
Buyer's market
Listings w/ Price Drops
19.6%
Building Permits (2025)
830
Single-Family Permits
196

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.4
per 100K · nat avg 6.3
Firearm Fatalities
22.4
per 100K · nat avg 14.8
Injury Deaths
98.7
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
41.0
Good
Good Air Days
69%
754 of 1,095 days
Unhealthy+ Days (3yr)
20
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
39
2022
41
2023
43
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

Population Growth +2.1% 88 percentile
Income Growth +3.6% 72 percentile
Vacancy Rate 1.2% 34 percentile
Home Price Change +0.2% 29 percentile
Rent Growth +0.6% 15 percentile
Price/Rent 22x 10 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Flathead County, MT a good place to move to?

At 26/100, Flathead County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $73,925 combined with job growth of +0.8% suggests the local economy is struggling to keep pace with national trends.

Is Flathead County affordable?

Affordability is a real challenge in Flathead County. The median home is valued at $535,500 — with an income-to-home-value ratio of just 0.14, that's significantly harder to afford than in most U.S. counties. Median rent runs $1,142/month.

Is Flathead County growing or shrinking?

Flathead County's population is growing — up +2.1% YoY — while the job market is roughly flat (employment change of +0.8%). Home values shifted +0.2% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are many people relocating to Flathead County?

Not particularly — 1.34% of Flathead County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[09] Similar Counties by Size & Score

Missoula County, MT 28 Yellowstone County, MT 36 Gallatin County, MT 10 Lewis and Clark County, MT 69 Cascade County, MT 96 Forrest County, MS 26 Coos County, OR 26 Armstrong County, PA 26