Petroleum County, Montana: commercial real estate data.
Petroleum County, Montana has a population of 447 across 1,655 square miles, up 5.6 percent since the 2020 census base. County output reached $22.7 m in 2024, 11 establishments operate here.
60 sourced county values · tier FULL · 7 sections
Petroleum County
How many people live in Petroleum County
- Population447
- Households221
- Average household size2.02
- Median household income$60,208
- Median age51.6
- Median gross rent$800 per month
- Median owner-occupied home value$201,400
- Home value to household income3.3 times
- Annual rent as a share of median income15.9 percent
- Adults 25 and over with a bachelor degree or higher30.8 percent
- Adults 25 and over with a graduate degree10.6 percent
- Adults 25 and over357
- Population under 1866
- Share under 1814.8 percent
- Population 65 and over126
- Share 65 and over28.2 percent
- Working age population, 18 to 64255
- Civilian labor force235
- Unemployment rate0.0 percent
- Labor force participation, adults 18 and over61.7 percent
- Rank by population among Montana counties56th of 56
- Rank by population among US county-equivalents3217th
Petroleum County is the 56th largest of 56 Montana counties by population. A median home costs 3.3 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 28.2 percent against 14.8 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.
Petroleum County
Is Petroleum County growing
- Population change since the 2020 census base5.63 percent
- Census 2020 base population497
- Births, 20242
- Deaths, 20248
- Natural change, 2024-6
- Net domestic migration, 2024-12
- Net international migration, 20240
- Total net migration, 2024-12
- Cumulative net domestic migration, 2021 to 202439
- Rank by growth among US county-equivalents454th
The county has grown 5.63 percent since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Petroleum County
Where people moving to Petroleum County come from
- Adjusted gross income arriving$0
- Net adjusted gross income movement$0
- Largest single originPetroleum County Non-migrants (173 households)
- Largest single destination (173 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Petroleum County Non-migrants | 173 | 355 | $10.0 m |
The largest single source of arrivals is Petroleum 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.
Petroleum County
What the Petroleum County economy runs on
- County GDP, 2024$22.7 m
- County GDP, 2023$21.6 m
- GDP change, 2023 to 20245.5 percent
- GDP change over five years81.3 percent
- Rank by GDP among Montana counties56th
- Rank by GDP among US county-equivalents3114th
- GDP per resident$50,872
Output grew 5.5 percent in the latest year and 81.3 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.
Petroleum County
Who employs people in Petroleum County
- Covered employment, annual average100
- Establishments reporting26
- Average annual pay$34,642
- Average weekly wage$666
- Sector 62, employment5
- Sector 62, average annual pay$10,151
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 5 | 3 | $10,151 |
The largest sector is the biggest private employer group at 5 jobs, 5.0 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.
Petroleum County
What businesses operate in Petroleum County
- Establishments, all industries11
- Employment at those establishments24
- Annual payroll$507,000
- Establishments per 1,000 residents24.6
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.
Petroleum County
How big is Petroleum County
- Land area1,655 sq mi
- Rank by land area among Montana counties43rd of 56
- Width, east to west42.7 mi
- Height, north to south58.6 mi
- Geographies sharing a boundary5
- Residents per square mile of land0
- Establishments per square mile0.01
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 7(a) approvals recorded in this county in the FOIA release covering FY2020 onward.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- The Building Permits Survey does not carry a 2024 record for this county.
- 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 Petroleum 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 Petroleum County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population447
- Households221
- Average household size2.02
- Median household income$60,208
- Median age51.6
Common questions
Petroleum County questions, answered from the record.
How many people live in Petroleum County, Montana?
447, in 221 households, ranking 56th of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Petroleum County growing?
The population has grown 5.63 percent since the 2020 census base. In 2024 there were 2 births against 8 deaths, with net migration of -12. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Petroleum County?
$60,208. The median owner-occupied home is valued at $201,400, which is 3.3 times income, and median gross rent is $800 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Petroleum County?
11 establishments, employing 24 people with an annual payroll of $507,000. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Petroleum County?
Average annual pay is $34,642, or $666 a week, across 100 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
What is the radon zone for Petroleum County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Petroleum County come from?
The largest single origin is Petroleum County Non-migrants, with 173 households. Arriving households report an average income of null 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 Petroleum 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 Petroleum 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.