{"schema_version": 1, "id": "missoula-mt-msa/finance/2026-08", "product": "Labor Market Pulse", "metro": {"geography_id": 282, "label": "Missoula, MT MSA", "slug": "missoula-mt-msa"}, "focus_area": {"key": "finance", "slug": "finance", "label": "Finance"}, "period": "2026-08", "public_after": "2026-08-01", "frozen_at": "2026-10-09T16:26:16.788046+00:00", "headline": "Missoula's tight labor market splits Finance pay in two directions.", "headline_summary": "Missoula's Controller pay fell to $105,089 even as national medians held at $112,500, while local Tax Specialist pay dropped to $48,880 against a national jump to $66,725 \u2014 a divergence Finance leaders can't ignore heading into year-end budget planning.", "key_indicators": [{"label": "Missoula unemployment rate", "value": "3.3%", "context": "vs 4.1% national, 3.2% Montana statewide"}, {"label": "Montana wage growth (2025)", "value": "5.4%", "context": "vs 3.4% national \u2014 ranked #1 in U.S."}, {"label": "Metro Tax Specialist pay gap", "value": "$17,845", "context": "Missoula $48,880 vs national $66,725"}, {"label": "Montana net payroll jobs, past 12 months", "value": "-5,000", "context": "despite falling unemployment rate"}], "takeaways": [{"headline": "Metro Controller pay is falling while national demand climbs.", "body": "Missoula's advertised Controller median dropped to $105,089 against a stable $112,500 national figure \u2014 a significant local divergence that may suggest either a softer local candidate pool commanding lower offers or employers testing the market's lower bound. Either read argues for benchmarking this role locally before assuming national trend lines apply."}, {"headline": "Senior Accountant pay is rising locally but still trails the nation by a wide margin.", "body": "Local advertised pay for Senior Accountants climbed moderately to $64,450, yet remains over $23,000 below the $87,731 national median. That gap signals meaningful flight risk toward remote or out-of-state opportunities as hybrid work normalizes wage arbitrage."}, {"headline": "Tax Specialist pay is moving in opposite directions locally and nationally.", "body": "Missoula's advertised Tax Specialist pay fell moderately to $48,880 even as the national median jumped significantly to $66,725. Widening spread of this magnitude \u2014 nearly $18,000 \u2014 raises real questions about whether Missoula employers can retain tax talent through the next filing cycle without a compensation correction."}, {"headline": "Sector reallocation, not job growth, is defining Missoula's tight labor market.", "body": "Montana's statewide payrolls lost 5,000 net jobs over the year even as unemployment fell, consistent with workers shifting from hospitality into healthcare, construction, and professional services rather than net new hiring. Finance leaders drawing from the same regional labor pool should expect competition from these growing sectors to shape recruiting timelines and offer competitiveness."}], "local_conditions": "Missoula's labor market holds tight at a 3.3% unemployment rate, well below the 4.1% national figure, even as hospitality shed roughly 440 positions over the past year and healthcare, professional services, and tech absorbed the slack. Montana's minimum wage rise to $10.85 in January, paired with the state's first-in-the-nation 5.4% wage growth in 2025, is compounding payroll cost pressure just as Financial and Professional Services employers compete for a talent pool that isn't expanding fast enough to meet demand.", "implications": "Sector churn \u2014 hospitality contraction alongside healthcare and professional services expansion \u2014 signals that Missoula's labor supply is reallocating rather than growing, which limits the pipeline Finance functions can draw from for accounting, FP&A, and treasury roles. With Montana's Financial and Professional Services sector already paying a $73,610 average versus $60,037 statewide, Controllers should expect compensation requests and competing offers to intensify well ahead of national trends reaching this metro. Consider reviewing headcount cost models against this sector-specific wage premium before year-end budget cycles finalize, rather than defaulting to statewide or national wage assumptions.", "looking_ahead": [{"category": "Emerging pressure point", "body": "Watch whether Tax Specialist and Senior Accountant advertised pay in Missoula begins closing the gap with national medians as the next filing season approaches \u2014 a sudden correction would confirm retention risk is materializing rather than theoretical."}, {"category": "Worth watching", "body": "Montana's Financial and Professional Services sector carries 6,700+ projected annual openings statewide; monitor whether Missoula-area postings in this sector accelerate, which would tighten competition for Finance talent beyond what current headcount plans assume."}, {"category": "Potential inflection point", "body": "National F&A hiring data shows 74% of leaders planning permanent headcount increases and 69% offering above-planned salaries for critical roles \u2014 track whether this pattern reaches Missoula employers competing for the same shrinking talent pool this quarter."}, {"category": "Early indicator", "body": "Hospitality's continued contraction may release workers into adjacent labor markets; watch whether any of that displaced labor shows administrative or entry-level finance skills that ease pressure on lower-band roles like Billing Specialist."}], "roles": [{"role": "Controller", "data_scope": "metro", "metro_p25": 72071.75, "metro_p50": 105089.0, "metro_p75": 113672.0, "metro_trend_direction": "down", "metro_trend_magnitude": "significant", "national_p50": 112500.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Senior Accountant", "data_scope": "metro", "metro_p25": 64202.5, "metro_p50": 64450.0, "metro_p75": 64705.0, "metro_trend_direction": "up", "metro_trend_magnitude": "moderate", "national_p50": 87731.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Financial Analyst", "data_scope": "state_rollup", "metro_p25": 69213.0, "metro_p50": 80878.4, "metro_p75": 90859.5, "metro_trend_direction": "up", "metro_trend_magnitude": "moderate", "national_p50": 82905.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}, {"role": "Billing Specialist", "data_scope": "metro", "metro_p25": 45702.0, "metro_p50": 49136.0, "metro_p75": 59155.0, "metro_trend_direction": "up", "metro_trend_magnitude": "significant", "national_p50": 49700.0, "national_trend_direction": "up", "national_trend_magnitude": "moderate"}, {"role": "Tax Specialist", "data_scope": "metro", "metro_p25": 39059.0, "metro_p50": 48880.0, "metro_p75": 61500.0, "metro_trend_direction": "down", "metro_trend_magnitude": "moderate", "national_p50": 66725.0, "national_trend_direction": "up", "national_trend_magnitude": "significant"}, {"role": "Credit Analyst", "data_scope": "metro", "metro_p25": 52850.0, "metro_p50": 57266.8, "metro_p75": 59742.0, "metro_trend_direction": "up", "metro_trend_magnitude": "moderate", "national_p50": 72000.0, "national_trend_direction": "up", "national_trend_magnitude": "moderate"}, {"role": "FP&A Manager", "data_scope": "state_rollup", "metro_p25": 97728.0, "metro_p50": 124493.0, "metro_p75": 139845.0, "metro_trend_direction": "stable", "metro_trend_magnitude": "stable", "national_p50": 127341.0, "national_trend_direction": "stable", "national_trend_magnitude": "stable"}], "industry_snapshot": [], "citations": [], "methodology": "Advertised pay from active employer job postings, not survey data. WageScape's median is calibrated to correct for spurious low-value postings: distribution analysis shows roughly the lowest 10% of raw values are erroneous entries, so the reported median is the 60th percentile of raw advertised pay.", "edition_label": "September 2026", "files": {"html": "missoula-mt-msa/finance/2026-08.html", "pdf": "missoula-mt-msa/finance/2026-08.pdf"}, "published_at": "2026-10-09T16:34:55.231845+00:00", "report_html_url": "https://reports.wagescape.com/archive/v1/editions/missoula-mt-msa/finance/2026-08.html", "report_pdf_url": "https://reports.wagescape.com/archive/v1/editions/missoula-mt-msa/finance/2026-08.pdf"}