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Market insights · Montana

Gallatin County, MT: growth, migration and housing

Gallatin County has 128,740 residents, up 7.7% since 2020 (+1.0% in the last year). In 2022–2023, 5,356 households moved in and 5,009 moved out (+347 net), bringing in a net $58.8M of income. Median household income is $93,528, the median home $667,600 and median rent $1,694 a month.

Population (2025)128,740
5-year growth+7.7%
1-year growth+1.0%
Net households moving in+347
Per 1,000 residents+2.7
Net income moving in+$58.8M
Median household income$93,528
Median home value$667,600
Median rent$1,694/mo
Rent as share of income22%

In Montana: 14th of 56 counties for 5-year population growth · 20th of 46 counties for net in-migration (per resident) · 2nd of 56 counties for median household income · 1st of 56 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Gallatin County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Yellowstone County, MT217$13.6M
Park County, MT155$11.5M
Missoula County, MT139$7.9M
Lewis and Clark County, MT120$5.9M
King County, WA120$15.3M
Flathead County, MT100$6.3M
Cascade County, MT77$4.0M
Los Angeles County, CA66$6.9M

Where leavers went

Top counties by households leaving Gallatin County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Yellowstone County, MT239$14.6M
Park County, MT184$37.9M
Missoula County, MT167$8.4M
Flathead County, MT137$8.2M
Lewis and Clark County, MT134$7.5M
King County, WA117$9.0M
Broadwater County, MT107$10.0M
Cascade County, MT100$5.3M

BizyFi in Gallatin County

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.