28 / 100

Missoula County, MT

RANK #710 / 1001 NAT  ·  POP 120,672

1YR FORECAST: -0.5%

5YR OUTLOOK: +25%

Our model projects Missoula County's housing market at -0.5% over the next year, underperforming most U.S. counties.

[01] Why Missoula County?

Missoula County, Montana, is defined by its natural setting, where three major rivers converge amidst five valleys and mountainous terrain. The county seat, Missoula, is approximately 115 miles northwest of Helena, the state capital. The community offers extensive outdoor recreation, including fishing, rafting, kayaking, and hiking in areas like the Rattlesnake National Recreation Area and along the Clark Fork River. Missoula County maintains 91 parks and over 40 miles of trails, supporting a lifestyle connected to the outdoors. Public transportation, including a free bus service, helps residents navigate the area.

Life in Missoula County appeals to those seeking access to nature and a community-oriented atmosphere. The Missoula County Public Schools system serves over 8,400 students across seventeen K-12 schools, along with preschool and adult education programs. The economy sees growth in various sectors, with recent development efforts focused on improving infrastructure to support manufacturing, technology, and tourism. The county has also seen an increase in its workforce and population, with a notable percentage of residents working remotely.

MARKET PROFILE

Idiosyncratic Markets

Missoula County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +1.0% YoY, population +0.9%, wages +6.0%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
13.7x

Overvalued relative to economy

Home Prices
+1.0%

Below national median

Climate & Terrain
1.7

Moderate climate & terrain

Price/Rent
26x

Speculative pricing

Housing looks overvalued at 13.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    University of Montana Education
    5,000+
  2. 2
    Community Medical Center Healthcare
    1,000+
  3. 3
    Providence St. Patrick Hospital Healthcare
  4. 4
    Missoula County Public Schools Education
  5. 5
    Montana Rail Link Logistics
  6. 6
    Consumer Direct Care Network Healthcare
  7. 7
    Modern Machinery Co. Inc. Other
  8. 8
    City of Missoula Government
    500+
  9. 9
    Missoula County Government Government
  10. 10
    DirecTV Customer Service Other

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

[04] Home Value Growth vs National

Missoula 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
120,672
+0.86% YoY
Median Household Income
$75,598
Median Home Value
$472,100
+1.0% 12mo
Median Rent
$1,190
Average Annual Pay
$63,182
+6.0% YoY
Employment
65,739
+0.1% YoY
Income-to-Home-Value
0.1601
Less affordable than average
Migration Inflow
3.45%
of pop. from another state
Bachelor's Degree+
47.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$554,500
Days on Market
57
Moderate pace
Months of Supply
4.1
Balanced market
Listings w/ Price Drops
23.1%
Building Permits (2025)
886
Single-Family Permits
423

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
17.3
per 100K · nat avg 14.8
Injury Deaths
83.4
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

C+
AIR QUALITY
GRADE
Median AQI (3yr)
54.3
Moderate
Good Air Days
39%
427 of 1,094 days
Unhealthy+ Days (3yr)
53
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
56
2022
54
2023
53
Median AQI · lower is better

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

[07] Capital Investment

$700M
TOTAL
PROJECT AMOUNT STATUS
Krambu AI Data Center
Krambu
$500M Proposed
Clinton Community Microgrid (1 MW Solar + 2 MWh Battery Storage)
Missoula Electric Cooperative
$50M Planned
Diversified Plastics Manufacturing Expansion
Diversified Plastics, Inc.
$50M Operating
Blackfoot Crossing Development
Undisclosed
$50M Planned
Grant Creek Crossing Targeted Economic Development District (Infrastructure)
Missoula County
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.9% 61 percentile
Income Growth +6.1% 96 percentile
Vacancy Rate 1.0% 52 percentile
Home Price Change +1.0% 38 percentile
Rent Growth +2.6% 44 percentile
Price/Rent 26x 3 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

At 28/100, Missoula County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $75,598 combined with job growth of +0.1% suggests the local economy is struggling to keep pace with national trends.

Is Missoula County affordable?

Missoula County leans toward the expensive side. A median home value of $472,100 against an income-to-home-value ratio of 0.16 means housing eats a bigger share of local earnings than the national norm. Renters face $1,190/month on average.

Is Missoula County growing or shrinking?

Missoula County's population is growing — up +0.9% YoY — while the job market is roughly flat (employment change of +0.1%). Home values shifted +1.0% 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 Missoula County?

There's a moderate stream of newcomers. About 3.45% of residents moved from another state, which is above average and suggests Missoula County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Flathead County, MT 26 Yellowstone County, MT 36 Gallatin County, MT 10 Lewis and Clark County, MT 69 Cascade County, MT 96 Tompkins County, NY 28 Fairfield County, OH 28 Tipton County, TN 28