Ravalli County, Montana: commercial real estate data.
Ravalli County, Montana has a population of 46,727 across 2,391 square miles, up 9.1 percent since the 2020 census base. County output reached $1.93 bn in 2024, 1,715 establishments operate here, and the SBA record carries 45 7(a) approvals worth $23.2 m.
121 sourced county values · tier FULL · 11 sections
Ravalli County
How many people live in Ravalli County
- Population46,727
- Households18,661
- Average household size2.50
- Median household income$71,283
- Median age48.7
- Median gross rent$1,054 per month
- Median owner-occupied home value$476,600
- Home value to household income6.7 times
- Annual rent as a share of median income17.7 percent
- Adults 25 and over with a bachelor degree or higher28.7 percent
- Adults 25 and over with a graduate degree10.9 percent
- Adults 25 and over35,301
- Population under 188,703
- Share under 1818.6 percent
- Population 65 and over12,622
- Share 65 and over27.0 percent
- Working age population, 18 to 6425,402
- Civilian labor force21,543
- Unemployment rate3.2 percent
- Labor force participation, adults 18 and over56.7 percent
- Rank by population among Montana counties7th of 56
- Rank by population among US county-equivalents1064th
Ravalli County is the 7th largest of 56 Montana counties by population. A median home costs 6.7 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 27.0 percent against 18.6 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.
Ravalli County
Is Ravalli County growing
- Population change since the 2020 census base9.09 percent
- Census 2020 base population44,173
- Births, 2024395
- Deaths, 2024505
- Natural change, 2024-110
- Net domestic migration, 2024515
- Net international migration, 202425
- Total net migration, 2024540
- Cumulative net domestic migration, 2021 to 20244,447
- Rank by growth among US county-equivalents180th
The county has grown 9.09 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Ravalli County
Where people moving to Ravalli County come from
- Tax returns filed by households arriving1,709
- People arriving, from those returns3,203
- Adjusted gross income arriving$186.6 m
- Net adjusted gross income movement$0
- Average income of an arriving household$109,170
- Largest single originRavalli County Non-migrants (18,114 households)
- Largest single destination (18,114 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Ravalli County Non-migrants | 18,114 | 35,886 | $1.59 bn |
| Other flows - Different State | 939 | 1,790 | $118.0 m |
| Other flows - West | 657 | 1,274 | $85.1 m |
| Missoula County | 359 | 643 | $30.7 m |
| Other flows - South | 140 | 251 | $19.3 m |
| Other flows - Same State | 100 | 188 | $6.9 m |
| Other flows - Midwest | 94 | 181 | $8.4 m |
| Other flows - Northeast | 48 | 84 | $5.2 m |
The largest single source of arrivals is Ravalli 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.
Ravalli County
What the Ravalli County economy runs on
- County GDP, 2024$1.93 bn
- County GDP, 2023$1.79 bn
- GDP change, 2023 to 20247.3 percent
- GDP change over five years50.4 percent
- Rank by GDP among Montana counties8th
- Rank by GDP among US county-equivalents1314th
- GDP per resident$41,213
Output grew 7.3 percent in the latest year and 50.4 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.
Ravalli County
Who employs people in Ravalli County
- Covered employment, annual average13,757
- Establishments reporting2,394
- Average annual pay$52,992
- Average weekly wage$1,019
- Sector 62, employment2,003
- Sector 62, average annual pay$60,837
- Sector 44-45, employment1,685
- Sector 44-45, average annual pay$34,361
- Sector 72, employment1,233
- Sector 72, average annual pay$24,059
- Sector 23, employment1,227
- Sector 23, average annual pay$54,040
- Sector 56, employment981
- Sector 54, employment961
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 2,003 | 200 | $60,837 |
| Sector 44-45 | 1,685 | 157 | $34,361 |
| Sector 72 | 1,233 | 104 | $24,059 |
| Sector 23 | 1,227 | 446 | $54,040 |
| Sector 56 | 981 | 136 | $43,444 |
| Sector 54 | 961 | 347 | $90,574 |
| Sector 31-33 | 842 | 118 | $49,041 |
| Sector 81 | 559 | 175 | $35,808 |
The largest sector is the biggest private employer group at 2,003 jobs, 14.6 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.
Ravalli County
What businesses operate in Ravalli County
- Establishments, all industries1,715
- Employment at those establishments11,260
- Annual payroll$496.4 m
- Establishments per 1,000 residents36.7
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.
Ravalli County
What is being built in Ravalli County
- Housing units authorised by permit, 202429
- Declared construction value permitted$6.2 m
- Single family units authorised11
- Multifamily units authorised18
- Multifamily share of units62.1 percent
- Average declared value per unit$214,732
- Units authorised per 1,000 households1.6
Multifamily is 62.1 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Ravalli County
How much SBA lending happens in Ravalli County
- 7(a) approvals recorded45
- 7(a) gross approval dollars$23.2 m
- Average 7(a) approval$516,240
- Median 7(a) approval$180,000
- 10th percentile approval$10,000
- 90th percentile approval$1,350,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)284
- Jobs per approval6.3
- Distinct 7(a) lenders active21
- Distinct industries receiving approvals37
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer17.8 percent
- Loans on real estate terms8
- Loans on working capital terms, 120 months or shorter35
- Franchise loans6
- Franchise share of approvals13.3 percent
- Leading industry by approval countLimited-Service Restaurants (3)
- Most active lenderU.S. Bank, National Association (6)
- 504 approvals recorded11
- 504 gross approval dollars$4.0 m
- Average 504 approval$367,455
- Median 504 approval$374,000
- Distinct CDCs active2
- 504 jobs per approval6.4
- 504 jobs per million dollars approved17.3
- Most active CDCBig Sky Economic Development Corporation (7)
- 7(a) share of SBA approvals80.4 percent
- Combined SBA approval dollars$27.3 m
The average approval of $516,240 sits well above the median of $180,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 17.8 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
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.
Ravalli County
Do SBA loans in Ravalli County get paid back
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Paid in full5
- Status: Exempt from disclosure31
- Status: Cancelled7
- Status: Committed, not yet disbursed2
Too few loans have reached a final outcome to publish a charge off rate. only 5 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.
Ravalli County
Which parts of Ravalli County get the lending
- Places in the county with recorded lending7
- Hamilton, approvals17
- STEVENSVILLE, approvals11
- CORVALLIS, approvals7
- FLORENCE, approvals5
- VICTOR, approvals2
- PINESDALE, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Hamilton | 17 | $12,913,100 |
| STEVENSVILLE | 11 | $2,621,000 |
| CORVALLIS | 7 | $3,115,600 |
| FLORENCE | 5 | $1,535,000 |
| VICTOR | 2 | $1,521,100 |
| PINESDALE | 2 | $1,475,000 |
| Darby | 1 | $50,000 |
Hamilton accounts for 17 approvals against 11 in STEVENSVILLE. 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.
Ravalli County
How big is Ravalli County
- Land area2,391 sq mi
- Rank by land area among Montana counties27th of 56
- Width, east to west50.5 mi
- Height, north to south82.3 mi
- Geographies sharing a boundary4
- Residents per square mile of land20
- Establishments per square mile0.72
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 Ravalli 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 Ravalli County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population46,727
- Households18,661
- Average household size2.50
- Median household income$71,283
- Median age48.7
Common questions
Ravalli County questions, answered from the record.
How many people live in Ravalli County, Montana?
46,727, in 18,661 households, ranking 7th of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Ravalli County growing?
The population has grown 9.09 percent since the 2020 census base. In 2024 there were 395 births against 505 deaths, with net migration of 540. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Ravalli County?
$71,283. The median owner-occupied home is valued at $476,600, which is 6.7 times income, and median gross rent is $1,054 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Ravalli County?
1,715 establishments, employing 11,260 people with an annual payroll of $496.4 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 Ravalli County?
Average annual pay is $52,992, or $1,019 a week, across 13,757 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Ravalli County?
45 7(a) approvals totalling $23.2 m since FY2020, across 21 lenders, with a median approval of $180,000, plus 11 504 approvals worth $4.0 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Ravalli County?
29 housing units were authorised by permit in 2024, with a declared construction value of $6.2 m. Multifamily was 62.1 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Ravalli 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 Ravalli County come from?
The largest single origin is Ravalli County Non-migrants, with 18,114 households. Arriving households report an average income of $109,170 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 Ravalli 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 Ravalli 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.