Corvallis, MT Economy


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United States / Montana / No Metro Area / Ravalli County / Corvallis / Zip Codes
Corvallis, Montana is a small town of around 4,000 people located in Ravalli County. The cost of living in Corvallis is relatively affordable, as evidenced by the 2 bedroom rent being $1,250 when compared to the US average of $1,430. Additionally, the Grocery Cost Index in Corvallis is 103 versus 100 for the US as a whole. \nLocal businesses such as The Squeaky Bean Coffee House & Roastery provide great food and drinks to locals and visitors alike. Additionally, there are several outdoor activities available within Corvallis including fishing at nearby Bitterroot River or golfing at The Ranch Club Golf Course. There are also several interesting museums and art galleries scattered throughout the town offering an educational yet fun experience for all ages.

Corvallis has an unemployment rate of 4.8%. The US average is 6.0%.

Corvallis has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Corvallis
- The Sales Tax Rate for Corvallis is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Corvallis 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 Corvallis
- The average income of a Corvallis resident is $12,663 a year. The US average is $28,555 a year.
- The Median household income of a Corvallis resident is $60,234 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCorvallis, MontanaUnited States
  4.86
  -0.3%-6.2%
  34.5%33.5%
  0.0%6.2%
  6.9%4.6%
  $21,218$37,638
  $60,234$69,021
  $68,185$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  19.4%6.8%
  4.1%10.0%
  7.3%2.5%
  12.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  3.4%1.9%
  15.6%7.6%
  0.0%0.1%
  3.3%4.2%
  4.6%9.3%
  18.0%14.0%
  0.0%2.1%
  4.6%7.0%
  4.4%4.8%
  2.7%4.7%
Reviews for Corvallis
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Over 14 years ago

Small town, no traffic for more than 3  More

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