HUD Median Income


Young family
2012 HUD Median Income for Montana
. Median household income is used for a range of reasons, including determining eligibility for low to moderate mortgage financing; also known as CRA (Community Reinvestment Act). Fannie Mae and Freddie Mac each have a special mortgage program that is partially dependent on the household median income (i.e. Home Possible Mortgage and the My Community Mortgage).

If you’re searching for a mortgage and your household income is at or under the limits displayed below, mention this to the lender or mortgage broker. The benefit may be a smaller down payment, closing cost assistance, grant money, cheaper interest rate or lower mip/pmi.

The U.S. Census Bureau defines median household income as follows:

“Median income is the amount which divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group. The means and medians for households and families are based on all households and families. Means and medians for people are based on people 15 years old and over with income”

2012 - 2013 HUD median income limits for Montana Counties

You can verify the HUD limits with eFannieMae. This link > DATA SET will lead you to HUD MSA incomes for one to eight family incomes. Scroll to the bottom of the page and click on the state. A new window will open in your browser.

Montana County MSA 2013 HUD Area Income
BEAVERHEAD COUNTY, MTNON METRO AREA56,600
BIG HORN COUNTY, MTNON METRO AREA56,600
BLAINE COUNTY, MTNON METRO AREA56,600
BROADWATER COUNTY, MTNON METRO AREA56,600
CARBON COUNTY, MTBillings, MT64,600
CARTER COUNTY, MTNON METRO AREA56,600
CASCADE COUNTY, MTGreat Falls, MT56,300
CHOUTEAU COUNTY, MTNON METRO AREA56,600
CUSTER COUNTY, MTNON METRO AREA56,600
DANIELS COUNTY, MTNON METRO AREA56,600
DAWSON COUNTY, MTNON METRO AREA67,000
DEER LODGE COUNTY, MTNON METRO AREA56,600
FALLON COUNTY, MTNON METRO AREA71,200
FERGUS COUNTY, MTNON METRO AREA56,600
FLATHEAD COUNTY, MTNON METRO AREA57,800
GALLATIN COUNTY, MTNON METRO AREA67,600
GARFIELD COUNTY, MTNON METRO AREA56,600
GLACIER COUNTY, MTNON METRO AREA56,600
GOLDEN VALLEY COUNTY, MTNON METRO AREA56,600
GRANITE COUNTY, MTNON METRO AREA56,600
HILL COUNTY, MTNON METRO AREA61,200
JEFFERSON COUNTY, MTNON METRO AREA69,000
JUDITH BASIN COUNTY, MTNON METRO AREA56,600
LAKE COUNTY, MTNON METRO AREA56,600
LEWIS AND CLARK COUNTY, MTNON METRO AREA70,300
LIBERTY COUNTY, MTNON METRO AREA56,600
LINCOLN COUNTY, MTNON METRO AREA56,600
MADISON COUNTY, MTNON METRO AREA56,600
MCCONE COUNTY, MTNON METRO AREA56,600
MEAGHER COUNTY, MTNON METRO AREA56,600
MINERAL COUNTY, MTNON METRO AREA56,600
MISSOULA COUNTY, MTMissoula, MT59,900
MUSSELSHELL COUNTY, MTNON METRO AREA56,600
PARK COUNTY, MTNON METRO AREA56,600
PETROLEUM COUNTY, MTNON METRO AREA56,600
PHILLIPS COUNTY, MTNON METRO AREA56,600
PONDERA COUNTY, MTNON METRO AREA56,600
POWDER RIVER COUNTY, MTNON METRO AREA56,600
POWELL COUNTY, MTNON METRO AREA56,600
PRAIRIE COUNTY, MTNON METRO AREA56,600
RAVALLI COUNTY, MTNON METRO AREA56,800
RICHLAND COUNTY, MTNON METRO AREA56,800
ROOSEVELT COUNTY, MTNON METRO AREA56,600
ROSEBUD COUNTY, MTNON METRO AREA57,200
SANDERS COUNTY, MTNON METRO AREA56,600
SHERIDAN COUNTY, MTNON METRO AREA56,600
SILVER BOW COUNTY, MTNON METRO AREA56,600
STILLWATER COUNTY, MTNON METRO AREA69,200
SWEET GRASS COUNTY, MTNON METRO AREA60,800
TETON COUNTY, MTNON METRO AREA56,600
TOOLE COUNTY, MTNON METRO AREA56,600
TREASURE COUNTY, MTNON METRO AREA57,100
VALLEY COUNTY, MTNON METRO AREA56,600
WHEATLAND COUNTY, MTNON METRO AREA56,600
WIBAUX COUNTY, MTNON METRO AREA56,600
YELLOWSTONE COUNTY, MTBillings, MT64,600