#33
Montana
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State Facts
Minimum Wage
$8.75
Average Renter Wage
$13.40
2-Bedroom Housing Wage
$17.76
Number of Renter Households
136,400
Percent Renters
32%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$8.75/hr
Each week you
have to work
63HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Montana | Billings HMFA |
|---|---|---|
| Total | 427,871 | 70,909 |
| Renter | 136,400 | 22,045 |
| Percent Renters | 32% | 31% |
| Housing Wage | Montana | Billings HMFA |
|---|---|---|
| Zero-Bedroom | $12.40 | $12.13 |
| One-Bedroom | $13.81 | $13.94 |
| Two-Bedroom | $17.76 | $18.38 |
| Three-Bedroom | $24.44 | $25.40 |
| Four-Bedroom | $28.95 | $30.19 |
| Fair Market Rent | Montana | Billings HMFA |
|---|---|---|
| Zero-Bedroom | $645 | $631 |
| One-Bedroom | $718 | $725 |
| Two-Bedroom | $923 | $956 |
| Three-Bedroom | $1,271 | $1,321 |
| Four-Bedroom | $1,506 | $1,570 |
| Annual Income Needed to Afford | Montana | Billings HMFA |
|---|---|---|
| Zero-Bedroom | $25,786 | $25,240 |
| One-Bedroom | $28,715 | $29,000 |
| Two-Bedroom | $36,931 | $38,240 |
| Three-Bedroom | $50,841 | $52,840 |
| Four-Bedroom | $60,221 | $62,800 |
| Minimum Wage | Montana | Billings HMFA |
|---|---|---|
| Minimum Wage | $8.75 | $8.75 |
| Rent Affordable at Minimum Wage | $455 | $455 |
| Work Hours/Week at Minimum Wage | Montana | Billings HMFA |
|---|---|---|
| Zero-Bedroom | 57 | 55 |
| One-Bedroom | 63 | 64 |
| Two-Bedroom | 81 | 84 |
| Three-Bedroom | 112 | 116 |
| Four-Bedroom | 132 | 138 |
| Renter Wage | Montana | Billings HMFA |
|---|---|---|
| Estimated Mean Renter Wage | $13.40 | $14.87 |
| Rent Affordable at Mean Renter Wage | $697 | $773 |
| Work Hours/Week at Mean Renter Wage | Montana | Billings HMFA |
|---|---|---|
| Zero-Bedroom | 37 | 33 |
| One-Bedroom | 41 | 37 |
| Two-Bedroom | 53 | 49 |
| Three-Bedroom | 73 | 68 |
| Four-Bedroom | 86 | 81 |
| Supplemental Security Income (SSI) Payment | Montana | Billings HMFA |
|---|---|---|
| SSI Monthly Payment | $794 | $794 |
| Rent Affordable to SSI Recipient | $238 | $238 |
| Income Levels | Montana | Billings HMFA |
|---|---|---|
| 30% of Area Median Income (AMI) | $21,735 | $24,000 |
| Estimated Renter Median Household Income | $36,087 | $39,413 |
| Rent Affordable at Different Income Levels | Montana | Billings HMFA |
|---|---|---|
| 30% of Area Median Income (AMI) | $543 | $600 |
| Estimated Renter Median Household Income | $902 | $985 |
Median Wages for Largest Occupations
| Occupation | Total Employment | Median Hourly Wage |
|---|---|---|
| Waiters and Waitresses | 8,330 | $9.86 |
| Bartenders | 4,710 | $10.04 |
| Substitute Teachers, Short-Term | 4,330 | $10.83 |
| Fast Food and Counter Workers | 12,700 | $11.21 |
| Cashiers | 13,620 | $11.71 |
| Maids and Housekeeping Cleaners | 5,080 | $12.23 |
| Teaching Assistants, Except Postsecondary | 4,160 | $13.12 |
| Home Health and Personal Care Aides | 7,850 | $13.15 |
| Cooks, Restaurant | 4,980 | $13.24 |
| Retail Salespersons | 14,070 | $13.59 |
| One-Bedroom Housing Wage | $13.81 | |
| Stockers and Order Fillers | 5,990 | $14.13 |
| Janitors and Cleaners, Except Maids and Housekeeping Cleaners | 7,250 | $14.26 |
| Laborers and Freight, Stock, and Material Movers, Hand | 4,050 | $15.32 |
| Nursing Assistants | 5,110 | $15.32 |
| Landscaping and Groundskeeping Workers | 4,060 | $16.28 |
| Office Clerks, General | 11,950 | $16.77 |
| Secretaries and Administrative Assistants, Except Legal, Medical, and Executive | 4,670 | $16.93 |
| Customer Service Representatives | 5,380 | $17.10 |
| Two-Bedroom Housing Wage | $17.76 | |
| Bookkeeping, Accounting, and Auditing Clerks | 7,470 | $18.20 |
| Maintenance and Repair Workers, General | 4,190 | $18.23 |
| All Occupations | $18.67 | |
| Construction Laborers | 4,110 | $19.32 |
| First-Line Supervisors of Retail Sales Workers | 4,840 | $20.09 |
| Carpenters | 4,730 | $22.17 |
| Heavy and Tractor-Trailer Truck Drivers | 6,380 | $24.11 |
| Elementary School Teachers, Except Special Education | 4,610 | $24.13 |
| First-Line Supervisors of Office and Administrative Support Workers | 4,140 | $25.27 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | 3,970 | $26.59 |
| Project Management Specialists and Business Operations Specialists, All Other | 4,470 | $29.84 |
| Registered Nurses | 9,980 | $33.90 |
| General and Operations Managers | 6,580 | $43.30 |
†Renter wage data not available.
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