Montana's growth rate is declining, with new population estimates showing an increase of only 5,931 residents in 2024, down sharply from more than 9,000 in 2023.
The pattern of decline in Montana's population growth can be linked to housing scarcity and costs in fast-growing areas like Bozeman and the Flathead Valley.
In the two years following the pandemic, Montana's growth rate reached its peak with nearly 20,000 new residents, but has now dropped to 0.52%, ranking 37th among U.S. states.
For the first time in over a decade, Montana's population growth is slower than the national average, reflecting broader constraints related to housing and migration.
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