Cost of Living in Jefferson County, Montana

$886/mo
Median Monthly Rent
$408,000
Median Home Value
7% above state averageUnaffordable

At a Glance

Median Monthly Rent
$886/mo
7% above state average
Median Home Value
$408,000
45% above national
Rent-to-Income Ratio
20.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Jefferson County Compares

Median monthly rent comparison

Jefferson County$886/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$886/mo
Median Gross Rent
$408,000
Median Home Value
$1,166/mo
Monthly Owner Cost
20.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Jefferson County, Montana

Affluence unlocks housing affordability

Jefferson County's rent-to-income ratio of 13.9% beats both the national average and Montana's state average, the only county in this group below the national threshold. Median household income of $76,576 slightly exceeds the national average of $74,755, enabling residents to absorb higher absolute costs.

Montana's most affordable for the affluent

Jefferson County ranks first among these counties with a 13.9% rent-to-income ratio, well below Montana's 15.9% average. Above-state-average income makes housing accessible despite higher absolute prices.

Premium homes, premium incomes

Jefferson's $886 rent and $408,000 median home value are among the highest in this group, but its $76,576 median income dwarfs neighbors like Granite ($54,646) and Hill ($55,313), making housing proportionally affordable. Owner costs of $1,166 monthly reflect the premium market.

Wealth enables housing comfort

Jefferson County renters spend $886 monthly and owners $1,166 on a median income of $76,576, yielding the group's lowest 13.9% ratio. Higher absolute costs are manageable here because incomes have risen to match them.

Premium living for premium earners

Jefferson County offers Montana's best housing affordability ratio, but only if your income matches—median earnings here top $76,000. If you're relocating with a strong salary, this county rewards it with comfort and good value relative to income.

Affordability Calculator

See how your income compares to housing costs in Jefferson County

$

Rent Burden

13.9%

of gross income

Max Housing (28% Rule)

$1,787

per month

Owner Cost Burden

18.3%

of gross income

The median home in Jefferson County may be a stretch

Median home value is $408,000. Estimated monthly cost: $3,257 vs. your max of $1,787.

Rent Affordability Guide

Your rent-to-income ratio13.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Jefferson County, Montana?
Jefferson County, Montana has a median monthly rent of $886/mo and a median home value of $408,000. The affordability rating is Unaffordable, with rent making up approximately 20.0% of median household income.
What is the median rent in Jefferson County?
The median gross rent in Jefferson County is $886/mo. This is 7% above state average for Montana.
Is Jefferson County affordable?
Jefferson County is rated Unaffordable based on rent-to-income ratio of 20.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Jefferson County's rent compare to the state average?
Jefferson County's median rent of $886/mo is 7% above state average of $825/mo for Montana.
What is the median home value in Jefferson County?
The median home value in Jefferson County, Montana is $408,000. This is 45% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.