What Percent of Montana Lives In Poverty?
Montana has one of the lowest poverty rates in the United States. In 2015, only 11.7 percent of Montana residents lived below the poverty line. However, this number varies drastically depending on which part of the state you live in.In the northwestern corner of the state, just 4.8 percent of the population lives in poverty. This number jumps to 22.4 percent in the southwestern corner of the state.
While the overall poverty rate is low, there are still pockets of the state where poverty is rampant. In Missoula County, for example, nearly one in four residents lives in poverty.
So, what's causing this discrepancy?
There are many factors that play into poverty rates, and it's a complex issue. In Montana, some of the biggest contributors to poverty include:
-lack of affordable housing
-lack of access to quality healthcare
-lack of education and job opportunities
There are programs and initiatives in place to help reduce poverty in Montana, but more work needs to be done. In the coming years, it will be important to focus on creating more jobs and opportunities in rural areas, and making sure that all Montanans have access to quality healthcare and education.
How Is the Real Estate Market in Montana?
If you're thinking of buying a home in Montana, you'll want to stay up to date on the market conditions. Here's a look at how the real estate market is doing in Montana right now.The market for residential properties in Montana is doing well, with prices increasing steadily over the past few years. In general, the most active markets are in the larger cities, such as Billings and Missoula. However, there are also opportunities in smaller towns and rural areas.
The market for commercial properties is also doing well in Montana. Rates are increasing and there is a lot of interest from investors. As with residential properties, the most active markets are in the larger cities.
If you're thinking of buying a property in Montana, it's a good idea to stay up to date on the latest market conditions. By doing your research, you can find the best deal possible in this healthy real estate market.
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