What is the median household income in Three Forks, MT?
The median household income in Three Forks, MT is $79,784 (±$16,819) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,330 a month would take about $53,200 a year at the common guideline of spending no more than 30% of income on rent.
In Three Forks, the median household income went from $65,357 in 2015–2019 to $79,784 in 2020–2024 (+22.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $79,784 (±$16,819)
- Median renter income
- $57,422 (±$28,963)
- Income to afford median rent
- about $53,200
Income in Three Forks against Gallatin County, its state and the nation
| Three Forks | Gallatin County | Montana | United States | |
|---|---|---|---|---|
| Median household income | $79,784 (±$16,819) | $93,528 (±$3,326) | $72,509 (±$761) | $80,734 |
| Median renter household income | $57,422 (±$28,963) | $68,740 (±$4,174) | $48,192 (±$1,103) | $52,966 |
| Median owner household income | $83,525 (±$17,225) | $114,831 (±$4,523) | $85,804 (±$1,088) | $100,009 |
| Median gross rent | $1,330 (±$84) | $1,694 (±$60) | $1,081 (±$14) | $1,413 |
In Three Forks, median household income is not measurably different from Gallatin County ($93,528).
It is not measurably different from Montana ($72,509).
It is not measurably different from the national figure ($80,734).
In Gallatin County, Three Forks ranks 8 of 9 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 35 of 164.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Three Forks
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,330 a month ($15,960 a year) needs an income of about $53,200 a year.
The median renting household in Three Forks earns $57,422 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $65,357 (±$11,807) | $79,784 (±$16,819) | +22.1% | No measurable change after inflation |
| Median gross rent | $1,083 (±$138) | $1,330 (±$84) | +22.8% | No measurable change after inflation |
| Median home value | $208,800 (±$26,190) | $395,800 (±$43,460) | +89.6% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Three Forks
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Three Forks | — | $79,784 (±$16,819) | — |
| Wheatland | 5.2 mi | $123,277 (±$12,445) | Higher |
| Manhattan | 11 mi | $87,865 (±$36,842) | Not measurably different |
| Churchill | 15 mi | $108,281 (±$48,542) | Not measurably different |
| Belgrade | 20 mi | $97,328 (±$13,143) | Not measurably different |
| Four Corners | 24 mi | $100,917 (±$26,846) | Not measurably different |
| King Arthur Park | 26 mi | $109,106 (±$17,284) | Higher |
| Whitehall | 26 mi | $44,844 (±$10,935) | Lower |
| Bozeman | 28 mi | $85,747 (±$4,604) | Not measurably different |
Nearby places with a measurably lower figure: Whitehall, MT ($44,844).
Nearby places with a measurably higher figure: Wheatland, MT ($123,277), King Arthur Park, MT ($109,106).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Gallatin County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 2 | King Arthur Park | $109,106 (±$17,284) |
| 3 | Churchill | $108,281 (±$48,542) |
| 4 | Four Corners | $100,917 (±$26,846) |
| 5 | Belgrade | $97,328 (±$13,143) |
| 6 | Manhattan | $87,865 (±$36,842) |
| 7 | Bozeman | $85,747 (±$4,604) |
| 8 | Three Forks | $79,784 (±$16,819) |
| 9 | West Yellowstone | $58,839 (±$35,907) |
Showing 8 of 9 places in Gallatin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Three Forks
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Three Forks beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Three Forks, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Three Forks, and send estimates and invoices from your phone.
Questions about Three Forks
What is the median household income in Three Forks?
The median household income in Three Forks is $79,784 (±$16,819) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Three Forks?
About $53,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,330 a month.
Have incomes in Three Forks kept up with inflation?
In Three Forks, the median household income went from $65,357 in 2015–2019 to $79,784 in 2020–2024 (+22.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Three Forks?
The median renting household in Three Forks, MT earns $57,422 (±$28,963) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Three Forks city, Montana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Three Forks city, Montana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Three Forks city, Montana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Three Forks city, Montana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Three Forks city, Montana (place:73975, in state:30).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Three Forks at a glance
- Median rent in Three Forks
- Rent by bedrooms in Three Forks
- Renters and owners in Three Forks
- Home values in Three Forks
- Homeowner costs in Three Forks
- Property taxes in Three Forks
- Types of homes in Three Forks
- Bedrooms in Three Forks
- Age of homes in Three Forks
- Heating fuel in Three Forks
- Commute and cars in Three Forks
- Population growth in Three Forks
- How long people stay in Three Forks
- Montana landlord and tenant rules
- Housing across Gallatin County
- Montana places ranked by median household income
- Housing data for every place in Montana