Joliet, MT is a small city located in northwest Montana. With a population of just under 2,000 people, this charming town offers access to an array of outdoor activities and breathtaking views. From fishing and kayaking to hiking and camping, the local area has something for everyone. The cost of living is also relatively low in Joliet; the average two bedroom rent is $1,010 compared to the US average of $1,430 and the Grocery Cost Index is 99 versus 100 in the US. This makes it an ideal place for retirees or small families who want to get away from big city life and enjoy a slower pace.
The local economy is based mainly on agriculture, but there are several other businesses that serve residents in Joliet. For instance, there’s a lumber mill that provides wood products to construction companies in the area as well as several local stores which sell clothing, home décor items, and food items for everyday needs. There’s also a few restaurants including Billy Bob's Grillhouse which serves classic American fare with locally sourced ingredients. Finally there’s J&R Auto Repair which offers car maintenance services along with oil changes and tire rotations. All these businesses offer employment opportunities to locals and help keep the town thriving each day.
Joliet has an unemployment rate of 4.4%. The US average is 6.0%.
Joliet has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Joliet
- The Sales Tax Rate for Joliet is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Joliet 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 Joliet
- The average income of a Joliet resident is $21,797 a year. The US average is $28,555 a year.
- The Median household income of a Joliet resident is $59,821 a year. The US average is $69,021 a year.