Rapeseed fields displaying their beauty in Montana
Hereford cattle at Fort Keogh near Miles City - Photo by USDA / WC / Public Domain
Makoshika State Park features badlands formations
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Housing in Carter County
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Source: US Census Bureau - ACS 5 Yr 2023
Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Carter County and Montana in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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