Broadwater County, Montana: commercial real estate data.
Broadwater County, Montana has a population of 7,668 across 1,193 square miles, up 22.5 percent since the 2020 census base. County output reached $306.5 m in 2024, 207 establishments operate here, and the SBA record carries 3 7(a) approvals worth $1.8 m.
115 sourced county values · tier FULL · 11 sections
Broadwater County
How many people live in Broadwater County
- Population7,668
- Households2,822
- Average household size2.72
- Median household income$70,374
- Median age45.9
- Median gross rent$955 per month
- Median owner-occupied home value$426,600
- Home value to household income6.1 times
- Annual rent as a share of median income16.3 percent
- Adults 25 and over with a bachelor degree or higher27.3 percent
- Adults 25 and over with a graduate degree5.7 percent
- Adults 25 and over5,736
- Population under 181,526
- Share under 1819.9 percent
- Population 65 and over1,782
- Share 65 and over23.2 percent
- Working age population, 18 to 644,360
- Civilian labor force3,960
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over64.5 percent
- Rank by population among Montana counties28th of 56
- Rank by population among US county-equivalents2676th
Broadwater County is the 28th largest of 56 Montana counties by population. A median home costs 6.1 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents 65 and over outnumber those under 18, at 23.2 percent against 19.9 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Broadwater County
Is Broadwater County growing
- Population change since the 2020 census base22.48 percent
- Census 2020 base population6,778
- Births, 202476
- Deaths, 202465
- Natural change, 202411
- Net domestic migration, 2024231
- Net international migration, 20240
- Total net migration, 2024231
- Cumulative net domestic migration, 2021 to 20241,399
- Rank by growth among US county-equivalents10th
The county has grown 22.48 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Broadwater County
Where people moving to Broadwater County come from
- Tax returns filed by households arriving371
- People arriving, from those returns749
- Adjusted gross income arriving$30.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$81,730
- Largest single originBroadwater County Non-migrants (2,484 households)
- Largest single destination (2,484 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Broadwater County Non-migrants | 2,484 | 5,291 | $210.5 m |
| Gallatin County | 141 | 291 | $12.2 m |
| Other flows - Different State | 115 | 245 | $10.2 m |
| Other flows - West | 115 | 245 | $10.2 m |
| Other flows - Same State | 66 | 138 | $5.2 m |
| Lewis and Clark County | 49 | 75 | $2.6 m |
The largest single source of arrivals is Broadwater County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Broadwater County
What the Broadwater County economy runs on
- County GDP, 2024$306.5 m
- County GDP, 2023$285.9 m
- GDP change, 2023 to 20247.2 percent
- GDP change over five years57.5 percent
- Rank by GDP among Montana counties34th
- Rank by GDP among US county-equivalents2692nd
- GDP per resident$39,972
Output grew 7.2 percent in the latest year and 57.5 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Broadwater County
Who employs people in Broadwater County
- Covered employment, annual average1,490
- Establishments reporting263
- Average annual pay$45,076
- Average weekly wage$867
- Sector 72, employment273
- Sector 72, average annual pay$19,446
- Sector 44-45, employment178
- Sector 44-45, average annual pay$35,230
- Sector 31-33, employment146
- Sector 31-33, average annual pay$45,354
- Sector 23, employment136
- Sector 23, average annual pay$56,447
- Sector 42, employment67
- Sector 54, employment59
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 273 | 22 | $19,446 |
| Sector 44-45 | 178 | 22 | $35,230 |
| Sector 31-33 | 146 | 14 | $45,354 |
| Sector 23 | 136 | 53 | $56,447 |
| Sector 42 | 67 | 14 | $53,970 |
| Sector 54 | 59 | 24 | $66,517 |
| Sector 81 | 38 | 16 | $35,326 |
| Sector 71 | 15 | 6 | $19,484 |
The largest sector is the biggest private employer group at 273 jobs, 18.3 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Broadwater County
What businesses operate in Broadwater County
- Establishments, all industries207
- Employment at those establishments1,114
- Annual payroll$45.6 m
- Establishments per 1,000 residents27.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Broadwater County
What is being built in Broadwater County
- Housing units authorised by permit, 202411
- Declared construction value permitted$4.6 m
- Single family units authorised11
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$416,234
- Units authorised per 1,000 households3.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Broadwater County
How much SBA lending happens in Broadwater County
- 7(a) approvals recorded3
- 7(a) gross approval dollars$1.8 m
- Average 7(a) approval$610,500
- Median 7(a) approval$485,000
- 10th percentile approval$226,500
- 90th percentile approval$1,120,000
- Largest single approval$1,120,000
- Jobs reported supported, 7(a)16
- Jobs per approval5.3
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer66.7 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (1)
- Most active lenderPort 51 Lending LLC (1)
- 504 approvals recorded2
- 504 gross approval dollars$429,000
- Average 504 approval$214,500
- Median 504 approval$307,000
- Distinct CDCs active1
- 504 jobs per approval7.5
- 504 jobs per million dollars approved35.0
- Most active CDCBig Sky Economic Development Corporation (2)
- 7(a) share of SBA approvals60.0 percent
- Combined SBA approval dollars$2.3 m
The average approval of $610,500 sits close to the median of $485,000, so lending here is fairly evenly sized rather than driven by a few large deals. 66.7 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Broadwater County
Do SBA loans in Broadwater County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure1
Too few loans have reached a final outcome to publish a charge off rate. only 2 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Broadwater County
Which parts of Broadwater County get the lending
- Places in the county with recorded lending2
- TOWNSEND, approvals2
- THREE FORKS, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| TOWNSEND | 2 | $1,346,500 |
| THREE FORKS | 1 | $485,000 |
TOWNSEND accounts for 2 approvals against 1 in THREE FORKS. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Broadwater County
How big is Broadwater County
- Land area1,193 sq mi
- Rank by land area among Montana counties51st of 56
- Width, east to west34.9 mi
- Height, north to south64.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land6
- Establishments per square mile0.17
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Broadwater County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Broadwater County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population7,668
- Households2,822
- Average household size2.72
- Median household income$70,374
- Median age45.9
Common questions
Broadwater County questions, answered from the record.
How many people live in Broadwater County, Montana?
7,668, in 2,822 households, ranking 28th of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Broadwater County growing?
The population has grown 22.48 percent since the 2020 census base. In 2024 there were 76 births against 65 deaths, with net migration of 231. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Broadwater County?
$70,374. The median owner-occupied home is valued at $426,600, which is 6.1 times income, and median gross rent is $955 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Broadwater County?
207 establishments, employing 1,114 people with an annual payroll of $45.6 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Broadwater County?
Average annual pay is $45,076, or $867 a week, across 1,490 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Broadwater County?
3 7(a) approvals totalling $1.8 m since FY2020, across 3 lenders, with a median approval of $485,000, plus 2 504 approvals worth $429,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Broadwater County?
11 housing units were authorised by permit in 2024, with a declared construction value of $4.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Broadwater County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Broadwater County come from?
The largest single origin is Broadwater County Non-migrants, with 2,484 households. Arriving households report an average income of $81,730 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Broadwater County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Broadwater County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.