Special Reports

34. Montana

Friendly regulation in Big Sky Country gives your business space to grow, but worker productivity is confining.

Economic Profile

Governor: Greg Gianforte, Republican

Population: 1,080,577

GDP growth (Q1 2021): 7.2%

Unemployment rate (May 2021): 3.6%

Top corporate tax rate: 6.75%

Top individual income tax rate: 6.9%

Gasoline tax: 32.75 cents/gallon

Bond rating (Moody's/S&P): Aa1, stable/AA, stable

Major private employers: Wal-Mart, Albertson's, Glacier Bancorp

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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