Harlem, MT is a small town located in the heart of the Rocky Mountains that offers its residents a rural lifestyle with plenty of small-town charm. The cost of living in Harlem is relatively low compared to other parts of the region; for example, two bedroom apartments are available for $840, significantly lower than the US average 2 bedroom rent of $1,430. Grocery costs here are also relatively lower than the national average, with an index of 95 versus 100 in the US.
The town's economy is largely supported by agriculture and resource extraction industries such as forestry and mining. Local companies for these industries include Montana Resources LLP, N Bar Ranch LLC., and Pintlar Wilderness Adventures. There are also several locally owned businesses including a brew pub and restaurant called Little Bear Saloon & Eatery, an outdoor goods shop specializing in fishing gear called Trout Hunter Outfitters, and an art gallery showcasing regional artists called The Art Room.
Harlem offers its residents many recreational activities such as hiking trails throughout nearby forests and rivers suitable for both novice adventurers and experienced outdoorsmen alike. Other attractions include hot springs perfect for soaking away stress after a long day at work or school, winter skiing opportunities at nearby resorts like Maverick Mountain Ski Area, and wildlife observation areas abundant with deer and elk during migration season.
The housing market in Harlem is slightly tight due to high demand yet still quite affordable compared to other locations in the area. Most residences are single family homes but there are some rental properties available as well at reasonable rates. Overall Harlem provides its citizens with a unique mountain experience without having to sacrifice basic amenities like grocery stores or restaurants while still being able to enjoy all that nature has to offer nearby!
Harlem has an unemployment rate of 4.6%. The US average is 6.0%.
Harlem has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Harlem
- The Sales Tax Rate for Harlem is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Harlem is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Harlem
- The average income of a Harlem resident is $16,955 a year. The US average is $28,555 a year.
- The Median household income of a Harlem resident is $51,635 a year. The US average is $69,021 a year.