HOA Accounting Montana

HOA Accounting Montana

Numerus provides HOA accounting and bookkeeping services in Montana. Communities that do not need full service management will benefit from our hybrid service which is a much more affordable option compared to local HOA companies.

Montana's history begins with the settlement of the region by indigenous people during the Paleo-Indian period, which started around 12,000 BC. These indigenous peoples inhabited Montana for thousands of years before European exploration and settlement. Archaeological excavations along the rivers have shown continuous habitation for more than 7,000 years.

The first permanent European settlement was made in 1735 at St. Mary's by French hunters and lead miners. In 1803, the area now known as Montana was sold to the U.S. as part of the Louisiana Purchase. Montana achieved statehood following the Missouri Compromise in 1820.

Montana's economy ranks 48th in size among states and Washington, DC. In 2021, Montana’s economy grew an inflation-adjusted 6.7%, the seventh largest rate of growth in the country. It also marks the sharpest rate growth in Montana in more than 40 years. Montanans’ personal income also grew by 8.5% in 2021, the fastest increase in 15 years. Montana’s total GDP was $59.3 billion in 2021. By industry, the sector with the largest GDP was the finance and real estate industry, with $11.2 billion. The largest contributor to the overall gain in real GDP was the professional and business services industry, with gains in 2021 of more than $575 million over its 2020 level.

In 2020, Montana had an estimated population of 1,084,225. Montana's population increased 12 out of the 12 years between year 2010 and year 2022. Its largest annual population increase was 1.8% between 2020 and 2021. Between 2010 and 2022, the state grew by an average of 1% per year. Forecasts show Montana's population will grow 14% over the next 30 years, reaching 1.16 million by 2030.

As of 2022, 99% of Montana residents were citizens, and 2.23% of Montana residents were born outside of the country. The median age in Montana is approximately 38.3 years of age. The ratio of females to males is approximately 49.3% female and 50.7% male.

In terms of race and ethnicity, 88.7% of the population is White, 0.6% is Black or African American, 1.1% is Asian, 6.5% is American Indian and Alaska Native, 0.1% is Native Hawaiian and Other Pacific Islander, and 3.0% identifies as two or more races. The Hispanic or Latino population makes up 4.5% of the total population.

In conclusion, Montana's history, economy, population growth, and demographics are diverse and dynamic, reflecting the state's evolving role within the United States.

Numerus is proud to serve the homeowner associations throughout Montana. Please contact us today for more information and a free quote.

(1) Montana population by year, county, race, & more | USAFacts. https://usafacts.org/data/topics/people-society/population-and-demographics/our-changing-population/state/montana/.

(2) MONTANA: 2020 Census. https://www.census.gov/library/stories/state-by-state/montana-population-change-between-census-decade.html.

(3) Montana Population 2024 (Demographics, Maps, Graphs). https://worldpopulationreview.com/states/montana-population.

(4) How Montana's Population Will Change in the Next 20 Years. https://247wallst.com/state/how-montanas-population-will-change-in-the-next-20-years/.

(5) History of Montana - Wikipedia. https://en.wikipedia.org/wiki/History_of_Montana.

(6) Montana - HISTORY. https://www.history.com/topics/us-states/montana.

(7) Timeline of Montana history - Wikipedia. https://en.wikipedia.org/wiki/Timeline_of_Montana_history.

(8) Montana - Native American, Lewis & Clark, Mining | Britannica. https://www.britannica.com/place/Montana-state/History.

(9) Montana - Wikipedia. https://en.wikipedia.org/wiki/Montana.

(10) Montana’s Economy 7th Strongest in Nation With Robust Growth in 2021. https://news.mt.gov/Governors-Office/Montanas_Economy_7th_Strongest_in_Nation_With_Robust_Growth_in_2021.

(11) Montana Economy at a Glance - U.S. Bureau of Labor Statistics. https://www.bls.gov/eag/eag.mt.htm.

(12) Montana - Mining, Agriculture, Tourism | Britannica. https://bing.com/search?q=Montana+economy.

(13) Montana - Mining, Agriculture, Tourism | Britannica. https://www.britannica.com/place/Montana-state/Economy.

(14) Economy of Montana Statistics and Data Trends: GDP ranking ... - USAFacts. https://usafacts.org/topics/economy/state/montana/.

(15) Montana / Population. https://bing.com/search?q=Montana+demographics.

(16) U.S. Census Bureau QuickFacts: Montana. https://www.census.gov/quickfacts/fact/table/MT/PST045222.

(17) Montana | Data USA. https://datausa.io/profile/geo/montana/.

(18) Montana Population | Income, Demographics, Employment, Housing. https://uspopulation.org/montana/.