Resident Population in Montana
MTPOP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,137.23
Year-over-Year Change
13.25%
Date Range
1/1/1900 - 1/1/2024
Summary
The Resident Population in Montana trend measures the total number of people living in the state. It is an important metric for policymakers and economists to understand population dynamics and changes over time.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Resident Population in Montana trend tracks the total number of people residing in the state, regardless of their citizenship or immigration status. This data is widely used to analyze demographic shifts, project infrastructure needs, and inform policy decisions.
Methodology
The data is collected by the U.S. Census Bureau through periodic population surveys and estimates.
Historical Context
The resident population figures are crucial for allocating federal funding and Congressional representation based on state populations.
Key Facts
- Montana's resident population was 1.08 million as of 2020.
- The state's population grew by 9.7% between 2010 and 2020.
- Montana has the 4th lowest population density among U.S. states.
FAQs
Q: What does this economic trend measure?
A: The Resident Population in Montana trend measures the total number of people living in the state, including both citizens and non-citizens.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding population dynamics, projecting infrastructure needs, and informing policy decisions in Montana.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through periodic population surveys and estimates.
Q: How is this trend used in economic policy?
A: The resident population figures are used to allocate federal funding and Congressional representation based on state populations.
Q: Are there update delays or limitations?
A: The data is updated periodically by the Census Bureau, with some potential for delay in the most recent estimates.
Related Trends
Real Personal Income for Montana
MTRPI
Gross Domestic Product: Food and Beverage and Tobacco Product Manufacturing (311-312) in Montana
MTFOODBEVTOBMANNGSP
Estimate of People of All Ages in Poverty in Montana
PEAAMT30000A647NCEN
Total Deposits in All Banks in Montana
X08TDABMT
Average Weekly Hours of All Employees: Private Service Providing in Montana
SMU30000000800000002
Gross Domestic Product: Nonmetallic Mineral Product Manufacturing (327) in Montana
MTNMMPMANNGSP
Citation
U.S. Federal Reserve, Resident Population in Montana (MTPOP), retrieved from FRED.