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New residents aren't taking pay cuts to move to Montana

Montana State Capitol
Posted at 7:39 PM, Mar 11, 2022
and last updated 2022-03-11 21:39:08-05

HELENA, Mont. (AP) — On average, new residents aren't taking pay cuts to move to Montana, meaning they're either bringing their jobs or finding similar-paying jobs in the Big Sky state.

That's from a report given this week to a committee that is working on a way to better estimate Montana tax revenues and spending in the coming years.

Legislative fiscal analyst Sam Schaefer says people who moved to Montana during 2019 and were full-time residents in 2020 made more money in 2020.

New residents with the highest income live in Madison County, home to the exclusive Yellowstone Club.