Bynum, MT Economy


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United States / Montana / No Metro Area / Teton County / Bynum / Zip Codes
Bynum, MT is a small town located in Chouteau County, with a population of 103 as of 2010. It has an affordable housing market, with 2 bedroom rent being only $820 compared to the US average of $1,430. The grocery cost index is 97 compared to 100 in the US, making necessities more accessible for the locals. Bynum is home to several local businesses including D & L Auto Parts, Vollmer's Service Center, and McDonald's Tire & Auto Service, all providing quality services for the citizens of Bynum.

Bynum has an unemployment rate of 4.3%. The US average is 6.0%.

Bynum has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 12.0%, which is lower than the US average of 33.5%.

Tax Rates for Bynum
- The Sales Tax Rate for Bynum is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Bynum 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 Bynum
- The average income of a Bynum resident is $28,735 a year. The US average is $28,555 a year.
- The Median household income of a Bynum resident is $41,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBynum, MontanaUnited States
  4.36
  -0.9%-6.2%
  12.0%33.5%
  0.0%6.2%
  6.9%4.6%
  $29,271$37,638
  $41,250$69,021
Family Median Income 85028
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