Lowest-earning counties in Montana

People on the entire had been doing effectively financially heading into 2020, with main markers like unemployment reaching 50-year lows. The pandemic modified all that: Through the second quarter of the 2020 fiscal yr, our nation’s actual GDP fell by a whopping 31.4%, a quantity that hasn’t been seen for the reason that Nice Melancholy. Because the financial system makes its comeback, issues are nonetheless a far cry from the best way they had been in 2019.

One marker that has sped far previous its 2019 place is that of revenue inequality in the USA. Low-wage industries had been decimated by the pandemic, leaving hundreds of thousands with out work or in positions they had been overqualified for. In the meantime, practically one in 5 households throughout the USA earn lower than $25,000 a yr, whereas greater than 6% have an annual revenue that falls under $10,000.

The place you reside could make a big effect in your monetary scenario. Stacker compiled an inventory of the lowest-earning counties in Montana utilizing knowledge from the U.S. Census Bureau. Counties are ranked by the Census’ 2019 5-year estimate median family revenue. Preserve studying to see the place individuals in your state are making the least.

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