Montgomery, TX County is an excellent place to live with a low cost of living. The average two bedroom rent is $1,310 compared to the US average of $1,430, giving residents in the area more financial flexibility. The Grocery Cost Index in Montgomery is 99 versus 100 in the US, meaning food costs are even lower. Companies such as Spring ISD, Lone Star College System and Houston Methodist all have locations in Montgomery that offer plenty job opportunities for people looking to work close to home. All in all, Montgomery offers residents affordable housing and plentiful employment opportunities making it an excellent choice for those looking for a comfortable life on a budget.
Montgomery County has an unemployment rate of 7.4%. The US average is 6.0%.
Montgomery County has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Montgomery County
- The Sales Tax Rate for Montgomery County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Montgomery County
- The average income of a Montgomery County resident is $33,455 a year. The US average is $28,555 a year.
- The Median household income of a Montgomery County resident is $88,597 a year. The US average is $69,021 a year.