Wheatland County, Montana: commercial real estate data.
Wheatland County, Montana has a population of 2,056 across 1,423 square miles, down 0.4 percent since the 2020 census base. County output reached $107.4 m in 2024, 60 establishments operate here, and the SBA record carries 1 7(a) approvals worth $2.9 m.
94 sourced county values · tier FULL · 9 sections
Wheatland County
How many people live in Wheatland County
- Population2,056
- Households883
- Average household size2.33
- Median household income$49,489
- Median age46.2
- Median gross rent$730 per month
- Median owner-occupied home value$180,800
- Home value to household income3.7 times
- Annual rent as a share of median income17.7 percent
- Adults 25 and over with a bachelor degree or higher23.2 percent
- Adults 25 and over with a graduate degree6.3 percent
- Adults 25 and over1,471
- Population under 18445
- Share under 1821.6 percent
- Population 65 and over596
- Share 65 and over29.0 percent
- Working age population, 18 to 641,015
- Civilian labor force854
- Unemployment rate0.8 percent
- Labor force participation, adults 18 and over53.0 percent
- Rank by population among Montana counties44th of 56
- Rank by population among US county-equivalents3117th
Wheatland County is the 44th largest of 56 Montana counties by population. A median home costs 3.7 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 29.0 percent against 21.6 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.
Wheatland County
Is Wheatland County growing
- Population change since the 2020 census base-0.39 percent
- Census 2020 base population2,066
- Births, 202421
- Deaths, 202428
- Natural change, 2024-7
- Net domestic migration, 2024-4
- Net international migration, 20240
- Total net migration, 2024-4
- Cumulative net domestic migration, 2021 to 20246
- Rank by growth among US county-equivalents1983rd
The county has lost 0.39 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wheatland County
Where people moving to Wheatland County come from
- Tax returns filed by households arriving28
- People arriving, from those returns51
- Adjusted gross income arriving$1.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$38,714
- Largest single originWheatland County Non-migrants (796 households)
- Largest single destination (796 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Wheatland County Non-migrants | 796 | 1,465 | $39.6 m |
| Other flows - Same State | 28 | 51 | $1.1 m |
The largest single source of arrivals is Wheatland 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.
Wheatland County
What the Wheatland County economy runs on
- County GDP, 2024$107.4 m
- County GDP, 2023$114.6 m
- GDP change, 2023 to 2024-6.2 percent
- GDP change over five years18.9 percent
- Rank by GDP among Montana counties49th
- Rank by GDP among US county-equivalents3044th
- GDP per resident$52,251
Output grew -6.2 percent in the latest year and 18.9 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.
Wheatland County
Who employs people in Wheatland County
- Covered employment, annual average584
- Establishments reporting104
- Average annual pay$42,277
- Average weekly wage$813
- Sector 11, employment87
- Sector 11, average annual pay$36,629
- Sector 44-45, employment70
- Sector 44-45, average annual pay$26,476
- Sector 31-33, employment43
- Sector 31-33, average annual pay$43,161
- Sector 23, employment17
- Sector 23, average annual pay$64,320
- Sector 48-49, employment13
- Sector 99, employment8
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 11 | 87 | 16 | $36,629 |
| Sector 44-45 | 70 | 8 | $26,476 |
| Sector 31-33 | 43 | 7 | $43,161 |
| Sector 23 | 17 | 9 | $64,320 |
| Sector 48-49 | 13 | 5 | $59,193 |
| Sector 99 | 8 | 2 | $6,656 |
The largest sector is the biggest private employer group at 87 jobs, 14.9 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.
Wheatland County
What businesses operate in Wheatland County
- Establishments, all industries60
- Employment at those establishments388
- Annual payroll$14.2 m
- Establishments per 1,000 residents29.2
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.
Wheatland County
How much SBA lending happens in Wheatland County
- 7(a) approvals recorded1
- 7(a) gross approval dollars$2.9 m
- Average 7(a) approval$2,850,000
- Median 7(a) approval$2,850,000
- 10th percentile approval$2,850,000
- 90th percentile approval$2,850,000
- Largest single approval$2,850,000
- Jobs reported supported, 7(a)21
- Jobs per approval21.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term203 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countOther Computer Related Services (1)
- Most active lenderAlaska Growth Capital BIDCO, Inc. (1)
The average approval of $2,850,000 sits close to the median of $2,850,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 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.
Wheatland County
Do SBA loans in Wheatland County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure1
Too few loans have reached a final outcome to publish a charge off rate. only 0 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.
Wheatland County
How big is Wheatland County
- Land area1,423 sq mi
- Rank by land area among Montana counties49th of 56
- Width, east to west42.5 mi
- Height, north to south36.8 mi
- Geographies sharing a boundary5
- Residents per square mile of land1
- Establishments per square mile0.04
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 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 Wheatland 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 Wheatland County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population2,056
- Households883
- Average household size2.33
- Median household income$49,489
- Median age46.2
Common questions
Wheatland County questions, answered from the record.
How many people live in Wheatland County, Montana?
2,056, in 883 households, ranking 44th of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wheatland County growing?
The population has fallen 0.39 percent since the 2020 census base. In 2024 there were 21 births against 28 deaths, with net migration of -4. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wheatland County?
$49,489. The median owner-occupied home is valued at $180,800, which is 3.7 times income, and median gross rent is $730 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Wheatland County?
60 establishments, employing 388 people with an annual payroll of $14.2 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 Wheatland County?
Average annual pay is $42,277, or $813 a week, across 584 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wheatland County?
1 7(a) approvals totalling $2.9 m since FY2020, across 1 lenders, with a median approval of $2,850,000. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Wheatland 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 Wheatland County come from?
The largest single origin is Wheatland County Non-migrants, with 796 households. Arriving households report an average income of $38,714 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 Wheatland 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 Wheatland 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.