Montana’s real estate market booms have outpaced local incomes. Since 2020, home values have surged 60%, pricing out many long-time residents. Despite attracting newcomers, high housing costs and a rural economy have forced 87% of Montana’s movers to seek more affordable living options out of state.=
According to the magazine, the rankings are based on a percentage of revenue growth from 2020 through 2023. To qualify, companies must have been founded and generating revenue by March 2020.