Alder, MT Economy


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United States / Montana / No Metro Area / Madison County / Alder / Zip Codes
Alder, MT is a small city located in the south of Montana. It has an interesting variety of places to explore including local companies such as Alder Trading Company and Redwood Outfitters. The cost of living in Alder is significantly lower than the US average, as 2 Bedroom rent is $1,170 compared to the US average of $1,430. Grocery Cost Index in Alder is also lower than in other places with it being 100 versus 100 elsewhere in the United States. The difference that this makes on everyday life can be significant for those living there, providing more value for money spent on items throughout the city.

Alder has an unemployment rate of 3.9%. The US average is 6.0%.

Alder has seen the job market decrease by -1.5% 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 Alder
- The Sales Tax Rate for Alder is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Alder 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 Alder
- The average income of a Alder resident is $18,254 a year. The US average is $28,555 a year.
- The Median household income of a Alder resident is $34,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlder, MontanaUnited States
  3.96
  -6.7%-6.2%
  23.1%33.5%
  0.0%6.2%
  6.9%4.6%
  $20,379$37,638
  $34,000$69,021
  $33,250$85,028
  Population by Occupation
  12.9%1.2%
  0.0%0.5%
  11.4%6.8%
  0.0%10.0%
  0.0%2.5%
  7.1%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  7.1%1.9%
  0.0%7.6%
  0.0%0.1%
  7.1%4.2%
  0.0%9.3%
  5.7%14.0%
  0.0%2.1%
  20.0%7.0%
  25.7%4.8%
  2.9%4.7%
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