Great Falls, MT Economy


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Great Falls, MT is an excellent place to live with plenty of opportunities for employment and recreation. The city offers a diverse selection of local companies such as Edward Jones Investments, Banner Health, and Benefis Health Systems. The cost of living in Great Falls is very affordable; two-bedroom rents in the area are only $910 while the national average is $1,430. Grocery costs are also quite reasonable with an index rating of 100 compared to that of the US at 100 as well. Overall, Great Falls provides a high quality lifestyle without breaking your budget.

Great Falls has an unemployment rate of 4.2%. The US average is 6.0%.

Great Falls has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Great Falls
- The Sales Tax Rate for Great Falls is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Great Falls 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 Great Falls
- The average income of a Great Falls resident is $24,733 a year. The US average is $28,555 a year.
- The Median household income of a Great Falls resident is $53,126 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreat Falls, MontanaUnited States
  4.26
  -3.3%-6.2%
  22.3%33.5%
  0.0%6.2%
  6.9%4.6%
  $30,765$37,638
  $53,126$69,021
  $71,501$85,028
  Population by Occupation
  1.5%1.2%
  0.6%0.5%
  6.9%6.8%
  4.4%10.0%
  3.7%2.5%
  14.6%11.0%
  4.9%4.8%
  0.6%0.8%
  1.1%1.9%
  4.2%4.7%
  2.0%1.9%
  3.7%7.6%
  0.1%0.1%
  3.8%4.2%
  8.1%9.3%
  17.1%14.0%
  1.7%2.1%
  9.1%7.0%
  5.4%4.8%
  6.5%4.7%
Reviews for Great Falls
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Over 2 years ago

I grew up here. The lack of educational opportunities and adequate work opportunities made it extremely difficult to thrive. Upon leaving to the nearest metropolitan  More

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Please do not move to Great Falls if you are a liberal. Don't make a great red place go blue and ruin one of the last best unspoiled country places not yet destroyed by  More

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Over 3 years ago

I lived in Great Falls from 2012-2015 and could not leave fast enough! We lived near the downtown area (which you think would be nice with a $1200/month rent...) where  More

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