State economy
Montana economy
Montana's unemployment rate was 3.1% in September 2026, down from 3.2% the month before and 3.5% a year earlier. That ranks 8 of 51 (1 = lowest); the national rate was 4.1%. Employers had 0.52 million jobs on their payrolls in September 2026, a loss of 5,300 (-1.0%) from a year earlier. Home prices (FHFA index) were +2.7% from a year earlier in Q2 2026. Median household income was $86,770 in 2025.
3.1%
unemployment rate
September 2026Unemployment rate3.1%Rank 8 of 51 (1 = lowest)
10-year range2.5–11.9%Low Nov 2022 · high Apr 2020
Nonfarm jobs0.52M-1.0% in a year · rank 50
Home prices (FHFA)+2.7%1-year change · Q2 2026 · 5-yr +48%
Median household income$86,7702025 · rank 26 of 51
Montana: unemployment rate
Montana: jobs, change from a year earlier
Montana: home prices, change from a year earlier
Montana: median household income
Other states
AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming
Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).