Ravalli County, Montana

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Highlights from the Economic Profile

• Population Growth (Annualized rate, 1970-2005) was fast in Ravalli County, Montana, 2.9% compared to 0.6% in the median US county.
• Employment Growth (Annualized rate, 1970-2005) was fast in Ravalli County, Montana, 4.0% compared to 1.4% in the median US county.
• Personal Income Growth (Adjusted for Inflation, Annualized rate, 1970-2005) was fast in Ravalli County, Montana, 4.4% compared to 2.2% in the median US county.
• Non-labor Income Share of Total in 2005 was somewhat high in Ravalli County, Montana, 43.9% compared to 37.1% in the median US county.
• Median Age* was somewhat old in Ravalli County, Montana, 41.1 compared to 37.3 in the median US county.
• Per Capita Income (2005) was roughly average in Ravalli County, Montana, $24,758 compared to $26,371 in the median US county.
• Average Earnings Per Job (2005) was somewhat low in Ravalli County, Montana, $25,386 compared to $30,269 in the median US county.
• Education Rate* (% of population 25 and over who have a college degree) was high in Ravalli County, Montana, 22.5% compared to 14.5% in the median US county.
• Employment Specialization* was diverse in Ravalli County, Montana, 79.6 compared to 154.5 in the median US county.
• Rich-Poor Ratio* (for each household that made over $100K, how many households made less than $30K) was roughly average in Ravalli County, Montana, 6.8 compared to 8.7 in the median US county.
• Government share of Total employment was somewhat low in Ravalli County, Montana, 11% compared to 15% in the median US county.
• Unemployment Rate in 2006** was somewhat low in Ravalli County, Montana, 3.9% compared to 4.7% in the median US county.

Unemployment Rate in 2006**

All data are from REIS except * are from 2000 US Census and ** is from Bureau of Labor Statistics.

Employment Trends