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Hamilton, Montana

city · Ravalli County

At a glance

5,101
Population
$310,000
Median home value (all homes)
2% above U.S. median
$535,386
Typical market value
Zillow, 2026-07
$947/mo
Median rent
30% below U.S. median
$49,204
Median household income
37% below U.S. median
12.2 min
Average commute
84.2%
Homes with broadband
13.94%
Locations with fiber available
2%
Unemployment

Cost of living (Clay Affordability Index)

CAI 95 — 5% below the national average. how it's computed

Housing20% above
Goods & services5% below
Utilities26% below
Taxes60% below
Insurance14% below
Commute cost55% below
For business: Montana is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Colleges in town:
Nearest 4-year college43 mi
Nearest community college82 mi
Nearest technical college2 mi
High school graduates92.5%
College graduates30.8%

Doing business here

Economic development contacts, most local first:

county Ravalli County Eco Dev Authority
RCEDA provides cost free business and financial planning and entrepreneurial support services, including grants, loans, technical expertise, relocation assistance, and a quality workforce, for small businesses, including agriculture and food entrepreneurs, and cooperative development in Ravalli County and the Bitterroot Valley.
state Montana Business Assistance Connection
MBAC is a non-profit economic development organization in Helena that helps businesses start up, improve, expand, relocate, or transition to new ownership, offering loans, incubator space, sites, development technical assistance, and market information.
state Montana Department of Commerce
Montana Department of Commerce supports innovative industries to grow businesses locally, state-wide and internationally, strengthening Montana's economy and creating job opportunities for hard-working Montanans. Commerce also encourages existing companies to relocate to Montana and enjoy the benefits of doing business under the Big Sky.
state Montana Eco Developers Association
The Montana Economic Developers Association (MEDA) is a 501(c)(3) nonprofit formed to connect economic developers and partners to grow Montana’s economy through education, advocacy, and collaboration.
state NorthWestern Energy Economic Development
NorthWestern Energy's Economic Development team works to retain existing jobs, promote business expansion, and recruit new businesses in the Montana, South Dakota, Nebraska service area, partnering with local and statewide economic development entities and community, state, and national leaders.
State sales taxNone
State income taxYes
Right-to-work stateNo

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