BBER: Montana Sees Dramatic Inflow Of Wealthy Families
 | Author:
Victor Sample
Vic Sample: MT43 News Treasurer |
BBER: Montana Sees Dramatic Inflow Of Wealthy Families Victor Sample The Bureau of Business and Economic Research (BBER) released the following:
"Data confirm what many Montanans have already noticed. Lots more "rich" people live in Montana. Between 2019-2021, the number of Montana households earning over $200,000 increased by 12,000, a 63% gain. In percentage terms, this is massively more than any other state.
Given that wages weren’t rising in Montana faster than nationally, that suggests that the gain was due to higher-income people relocating to our state during this period.
This thread runs through a lot of conversations in Montana and is the topic of our 2023 Montana Economic Outlook Seminar featuring keynote speaker Bryce Ward, former BBER economist and now principal at ABMJ Consulting. "
The Bureau of Business and Economic Research has been providing information about Montana’s state and local economies for more than 70 years. Located at the University of Montana, the bureau is the research and public service branch of the College of Business.
