Montague, MA is a small town located in the Pioneer Valley of Massachusetts. It is known for its scenic beauty and relaxed atmosphere. The town has a variety of local businesses such as the Montague Bookmill, River Valley Market, and Montague Computer Services. Rent in Montague is slightly lower than the US average, at $1,260 for a two-bedroom apartment versus $1,430 nationwide. Grocery costs are also lower in Montague compared to the national average; with an index score of 105 versus 100 in the US. This makes it easier for residents to stock up on essential items without breaking their budget.
Montague has an unemployment rate of 7.2%. The US average is 6.0%.
Montague has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Montague
- The Sales Tax Rate for Montague is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Montague is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Montague
- The average income of a Montague resident is $27,214 a year. The US average is $28,555 a year.
- The Median household income of a Montague resident is $65,925 a year. The US average is $69,021 a year.