Helena, MT Economy


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Helena, MT is a great place for those looking for some peace and quiet. With a population of just over 30,000 people, Helena offers a small town feel with big city amenities. The rent for a two bedroom apartment is quite affordable at $1,030 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Helena is 102 versus 100 in the US adding more value to living in this area. Notable companies in Helena include Benefis Health System, St Peter's Hospital, and Montana Rail Link freight railroad service. There are also many local businesses that serve the community such as Rimrock Auto Group and Trader Joe’s Market making it easy to find what you need close by.

Helena has an unemployment rate of 3.3%. The US average is 6.0%.

Helena has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Helena
- The Sales Tax Rate for Helena is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Helena 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 Helena
- The average income of a Helena resident is $29,594 a year. The US average is $28,555 a year.
- The Median household income of a Helena resident is $59,712 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHelena, MontanaUnited States
  3.36
  -1.1%-6.2%
  24.5%33.5%
  0.0%6.2%
  6.9%4.6%
  $40,252$37,638
  $59,712$69,021
  $87,974$85,028
  Population by Occupation
  2.8%1.2%
  0.6%0.5%
  3.4%6.8%
  3.3%10.0%
  0.5%2.5%
  11.0%11.0%
  1.0%4.8%
  0.3%0.8%
  1.8%1.9%
  5.9%4.7%
  1.3%1.9%
  8.6%7.6%
  0.0%0.1%
  1.9%4.2%
  9.5%9.3%
  15.2%14.0%
  1.6%2.1%
  7.9%7.0%
  6.9%4.8%
  16.5%4.7%
Reviews for Helena
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I spent 6 months living on a ranch in the Helena valley. This was during the population boom Montana experienced after covid. Helena has some great mountain biking  More

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Over 2 years ago

We transplanted from Southern California 3 years ago and have never looked back! Living in the small unincorporated town of York Montana located in the Helena nation  More

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Over 4 years ago

I lived here for 16 years. It is a great place to grow  More

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