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Lewis and Clark County, MT

RANK #306 / 1001 NAT  ·  POP 73,464

1YR FORECAST: +0.8%

5YR OUTLOOK: +32%

Our model projects above-average housing market growth for Lewis and Clark County at +0.8% over the next year.

[01] Why Lewis and Clark County?

Lewis and Clark County, Montana, is defined by its connection to the historic Lewis and Clark Expedition and its striking natural scenery, including segments of the Rocky Mountain Front and the Continental Divide. Helena, the state capital and county seat, serves as a central hub. The county offers extensive outdoor recreation, with opportunities for hiking, fishing, boating, and camping across its 407 acres of parkland and numerous trails. Major water features like the Missouri, Blackfoot, and Dearborn Rivers provide diverse recreational activities. Commuting within the county is primarily by car, with Interstate 15 and U.S. Highways 12 and 287 serving as key routes. Public transportation is available in Helena and East Helena.

Life in Lewis and Clark County blends a connection to history with access to natural amenities. The public schools in Lewis and Clark County are rated above average. The economy has seen job growth since 2020, with government, finance, and professional and technical services among the higher-paying industries. The area attracts families and young professionals, with a notable percentage of residents owning their homes. Lewis and Clark County's population has steadily increased, with a significant number of people moving into the county between 2020 and 2023.

MARKET PROFILE

Idiosyncratic Markets

Lewis and Clark County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +3.0% YoY, population +1.2%, wages +5.2%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
11.1x

Overvalued relative to economy

Home Prices
+3.0%

Outpacing national median

Climate & Terrain
3.2

Favorable climate & terrain

Price/Rent
20x

Above national median (15x)

Housing looks overvalued at 11.1x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Montana State Government Government
    10,000+
  2. 2
    St. Peter's Health Healthcare
    1,000+
  3. 3
    Lewis and Clark County Government Government
  4. 4
    Helena Public Schools Education
  5. 5
    Boeing Manufacturing
    100+
  6. 6
    Eagle Bancorp Montana Inc. Finance
  7. 7
    Helena Indian Alliance Healthcare
    75
  8. 8
    Lewis & Clark Brewing Co. Hospitality
    50

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

[04] Home Value Growth vs National

Lewis and Clark 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
73,464
+1.22% YoY
Median Household Income
$78,237
Median Home Value
$393,500
+2.97% 12mo
Median Rent
$1,102
Average Annual Pay
$65,494
+5.2% YoY
Employment
39,670
-0.7% YoY
Income-to-Home-Value
0.1988
Near national average
Migration Inflow
2.7%
of pop. from another state
Bachelor's Degree+
43.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Building Permits (2025)
193
Single-Family Permits
55

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.7
per 100K · nat avg 6.3
Firearm Fatalities
18.3
per 100K · nat avg 14.8
Injury Deaths
82.7
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)
44.7
Good
Good Air Days
66%
728 of 1,095 days
Unhealthy+ Days (3yr)
29
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
44
2022
45
2023
45
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 +1.2% 72 percentile
Income Growth +5.0% 90 percentile
Vacancy Rate 0.6% 84 percentile
Home Price Change +3.0% 67 percentile
Rent Growth +2.7% 46 percentile
Price/Rent 20x 17 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Lewis and Clark County, MT a good place to move to?

With a Boom Town Index score of 69/100, Lewis and Clark County sits in the upper half of all 1001 ranked counties. and median household income stands at $78,237 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in MT.

Is Lewis and Clark County affordable?

Lewis and Clark County leans toward the expensive side. A median home value of $393,500 against an income-to-home-value ratio of 0.20 means housing eats a bigger share of local earnings than the national norm. Renters face $1,102/month on average.

Is Lewis and Clark County growing or shrinking?

Lewis and Clark County's population is growing — up +1.2% YoY — while the job market is roughly flat (employment change of -0.7%). Home values shifted +3.0% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Lewis and Clark County?

There's a moderate stream of newcomers. About 2.7% of residents moved from another state, which is above average and suggests Lewis and Clark County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Cascade County, MT 96 Yellowstone County, MT 36 Missoula County, MT 28 Flathead County, MT 26 Gallatin County, MT 10 Kauai County, HI 69 Marquette County, MI 69 Jefferson County, WI 69