Conrad, Montana
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Median Household Income: $43,372
Poverty Rate: 16%
Population: 2,841
Median Home Value: $118,000
At first glance, it may seem surprising that Conrad is considered the poorest town when the median income is only approximately $8,000 per year below the state’s average. This seemingly modest income gap suggests that, in terms of annual earnings, there isn’t an enormous difference between the residents of Conrad and those in the rest of Montana.
This observation challenges the common perception that poverty is solely defined by income and underscores the importance of considering other factors, such as the cost of living and access to resources, when assessing economic well-being.
