Montana

B2B cold email software in Montana

Verified federal data on the Montana business market, plus outreach guides for its largest cities and service industries. Acqro researches every company on your list and writes each email from what it finds.

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How many businesses are in Montana?

Direct answer

Montana had 42,566 business establishments in 2023, ranking 40th among the 50 states and DC, with 9,133 of them employing 10 to 249 people. Source: U.S. Census Bureau County Business Patterns. Acqro is AI cold email software that researches each of those companies before writing to them.

Verified data

The Montana B2B market in numbers

Business establishments
42,566+1.3% vs 2022Census CBP 2023
Firms with 10–249 employees
9,133Census CBP 2023
Paid employees
409,312Census CBP 2023
Average annual pay
$53,068Census CBP 2023
Professional services firms
4,386Census CBP 2023, NAICS 54
Share of US establishments
0.5%Census CBP 2023

78.3% of establishments in Montana have fewer than 10 employees, above the 73.0% share for the United States. The 9,133 establishments with 10 to 249 employees are where most B2B lists should start: large enough to have a budget and a defined buyer, small enough that an owner or department head still makes the call and reads their own email.

By employment, the largest sectors are health care and social assistance (18.3% of jobs) and retail trade (15.4% of jobs). Relative to the national mix, arts, entertainment and recreation (3.2% locally against 1.8% nationally) and construction (8.4% locally against 5.5% nationally) stand out, which makes them natural first segments for outbound.

The number of establishments changed by +1.3% between 2022 and 2023, faster than the +0.8% change for the United States. New and growing businesses are the accounts most likely to be choosing vendors for the first time, so pair that list with research on hiring, new locations and leadership changes before writing a single email.

Largest industries in Montana

Sectors ranked by paid employment, compared with the national mix.

Top sectors by paid employment, Montana. Source: U.S. Census Bureau, County Business Patterns 2023. Average pay is annual payroll divided by March employment. — = not published.
SectorEstablishmentsEmployeesAvg. annual payShare of jobsUS share
Health care and social assistance4,48874,903$61,84018.3%15.8%
Retail trade4,70662,888$37,79515.4%11.5%
Accommodation and food services3,85058,010$25,03214.2%10.4%
Construction6,76634,284$71,5308.4%5.5%
Professional, scientific and technical services4,38623,100$73,6375.6%7.4%
Manufacturing1,39321,825$64,5175.3%8.8%
Administrative, support and waste management services2,23121,704$38,5165.3%9.6%
Other services3,60718,592$39,8214.5%4.0%
Finance and insurance2,05716,826$81,9524.1%5.0%
Wholesale trade1,58215,826$69,4903.9%4.5%

Where Montana businesses are concentrated

Counties ranked by number of business establishments.

Source: U.S. Census Bureau, County Business Patterns 2023. — = not published.
CountyEstablishmentsShare of stateEmployees
Gallatin County6,82816.0%59,252
Yellowstone County6,06014.2%75,637
Flathead County5,09212.0%45,165
Missoula County4,81611.3%54,136
Lewis and Clark County2,6036.1%27,265
Cascade County2,4725.8%30,050
Ravalli County1,7154.0%11,260
Silver Bow County1,2082.8%13,583
Lake County9912.3%7,817
Park County9432.2%5,399
City guides

Cold email guides for Montana cities

Each guide covers the county that contains the city.

Source: U.S. Census Bureau, County Business Patterns 2023.
CityCountyEstablishments in county
BillingsYellowstone County6,060
BozemanGallatin County6,828
Great FallsCascade County2,472
MissoulaMissoula County4,816
Industry guides

B2B service industries in Montana

Establishment counts in Montana for the service industries Acqro customers work in. Each links to an outreach guide.

Source: U.S. Census Bureau, County Business Patterns 2023. Counts use the closest official NAICS industry for each type of firm.
IndustryCensus industry (NAICS)Establishments
Commercial Real Estate BrokersOffices of Real Estate Agents and Brokers1,100
Law FirmsOffices of Lawyers678
Commercial Insurance BrokersInsurance Agencies and Brokerages645
Commercial Cleaning CompaniesJanitorial Services509
Management ConsultantsAdministrative Management and General Management Consulting Services417
CPA and Accounting FirmsOffices of Certified Public Accountants342
Software Development AgenciesCustom Computer Programming Services216
SEO AgenciesMarketing Consulting Services185
Architecture FirmsArchitectural Services155
Healthtech VendorsComputer Systems Design Services126
Staffing AgenciesTemporary Help Services96
Financial Advisory FirmsInvestment Advice80
Office Design FirmsInterior Design Services67
Logistics ProvidersFreight Transportation Arrangement65
Corporate CaterersCaterers57
SaaS CompaniesSoftware Publishers55
Video Production CompaniesMotion Picture and Video Production54
Commercial Waste ServicesSolid Waste Collection41
Marketing AgenciesAdvertising Agencies32
Payroll ProvidersPayroll Services31
Cybersecurity FirmsOther Computer Related Services30
Corporate Training ProvidersProfessional and Management Development Training29
PR AgenciesPublic Relations Agencies29
Merchant Services ProvidersFinancial Transactions Processing, Reserve, and Clearinghouse Activities25
Managed Service ProvidersComputer Facilities Management Services22
HR ConsultanciesHuman Resources Consulting Services22
Event Management CompaniesConvention and Trade Show Organizers21
Executive Search FirmsExecutive Search Services10
Business Telecom and VoIP ProvidersTelecommunications Resellers3
Questions

Cold email in Montana, answered

How many businesses are in Montana?

Montana had 42,566 business establishments in 2023, employing 409,312 people. Source: U.S. Census Bureau, County Business Patterns 2023.

What are the largest industries in Montana?

By paid employment in 2023: health care and social assistance (18.3% of jobs), retail trade (15.4% of jobs) and accommodation and food services (14.2% of jobs). Source: U.S. Census Bureau, County Business Patterns 2023.

Is cold email legal in the United States?

Yes. The federal CAN-SPAM Act permits commercial email to business contacts without prior consent, provided the message identifies the sender accurately, uses a truthful subject line, includes a valid physical postal address and a working opt-out, and honours opt-out requests promptly. CAN-SPAM applies in every state and preempts most state commercial email laws, except provisions aimed at falsity or deception. This is general information, not legal advice.

Sources and methodology

Every figure on this page comes from a federal statistical release and is shown with its source and reference year. Figures the agencies withhold or publish with high noise are left out rather than estimated. Page updated September 17, 2026.

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