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Market insights · Montana

Madison County, MT: growth, migration and housing

Madison County has 10,026 residents, up 15.8% since 2020 (+2.6% in the last year). In 2022–2023, 391 households moved in and 346 moved out (+45 net), bringing in a net $9.4M of income. Median household income is $75,250, the median home $470,100 and median rent $1,000 a month.

Population (2025)10,026
5-year growth+15.8%
1-year growth+2.6%
Net households moving in+45
Per 1,000 residents+4.5
Net income moving in+$9.4M
Median household income$75,250
Median home value$470,100
Median rent$1,000/mo
Rent as share of income16%

In Montana: 3rd of 56 counties for 5-year population growth · 14th of 46 counties for net in-migration (per resident) · 10th of 56 counties for median household income · 5th of 56 counties for median home value.

Where new residents came from

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

FromHouseholds (tax returns)Their income (AGI)
Gallatin County, MT99$6.5M

Where leavers went

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

ToHouseholds (tax returns)Their income (AGI)
Gallatin County, MT61$3.8M

BizyFi in Madison County

No companies in the BizyFi directory are based here yet. Search them on the company map (company names with a free account), or browse Montana companies.

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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.