Key Economic Benchmarks
Median Household Income
$49,489$4,124 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Wheatland County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Wheatland County, MT
Official FY2026 HUD Fair Market Rents for Wheatland County, MT. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $837 | $10,044 | $33,480 | 20.3% |
| 1-Bedroom Apartment | $872 | $10,464 | $34,880 | 21.1% |
| 2-Bedroom ApartmentBenchmark | $1,117 | $13,404 | $44,680 | 27.1% |
| 3-Bedroom Home | $1,553 | $18,636 | $62,120 | 37.7% |
| 4-Bedroom Home | $1,806 | $21,672 | $72,240 | 43.8% |
50/30/20 Living Budget in Wheatland County, MT
Based on the local median household income of $49,489/year ($4,124/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Montana
Explore net income after federal income tax, FICA, and Montana state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Montana with official federal datasets:
Frequently Asked Questions About Living in Wheatland County, MT
What is the median household income in Wheatland County, MT?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Wheatland County, MT is $49,489 per year (approximately $4,124 per month).
What is the average rent in Wheatland County, MT?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Wheatland County, MT are $837 for a studio, $872 for 1 bedroom, $1,117 for 2 bedrooms, $1,553 for 3 bedrooms, and $1,806 for 4 bedrooms.
How does the cost of living in Wheatland County, MT compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Wheatland County, MT is 94.6 (5.4% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Wheatland County, MT?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,117/month) in Wheatland County, MT requires a minimum gross household income of $44,680 per year ($3,723 per month).
What is a balanced 50/30/20 monthly budget in Wheatland County, MT?
For a typical household earning the median income of $49,489/year ($4,124/month) in Wheatland County, MT, a balanced 50/30/20 budget allocates $2,062/month to essential needs (rent, utilities, groceries), $1,237/month to discretionary spending, and $825/month to savings and debt repayment.
What are typical electricity and utility costs in Wheatland County, MT?
Residential electricity rates in Montana average 15.1¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $136 per month.