Montana

• Income gap: Households earn meaningfully less than the national median, affecting retail demand, housing absorption, and tax base statewide.
• Talent gap: Bachelor's-or-higher attainment trails the national average by 0.5 pts, relevant for advanced-services attraction strategy.

• Largest sector: Health Care and Social Assistance employs 75,692 workers (20.9% of the top displayed sectors), at an average wage of $67,235.
• Economic scale: State GDP of $78.4B (2024) with per-capita income of $69,240.

• Top specialization: Mining (except Oil and Gas) concentrates at 5.94x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
• Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.

• Stretched market: Home value to income ratio of 5.2x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
• Elevated vacancy: 13.2% vacancy rate; potential redevelopment opportunity.

• Strong participation: 87.1% labor force participation indicates an engaged, available workforce statewide.
• Short commutes: 19.1-minute mean commute is a quality-of-life and labor-access advantage for site selectors.

Montana shows strong potential for mining (except oil and gas) attraction, with a 5.94x concentration and 3,672 jobs in this sub-sector.

Cluster depth across mining (except oil and gas), petroleum and coal products manufacturing, and animal production and aquaculture creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

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