Crane, MT is a small town located in the eastern part of Montana. It is an agricultural community with an estimated population of fewer than 100 people. Despite its small size, it has a lot to offer those who live there. Residents enjoy a rural lifestyle and can take advantage of low rent costs compared to other parts of the United States. The average 2-bedroom rent in Crane is around $1,030 compared to the national average of $1,430. Groceries are also relatively inexpensive as well since the Grocery Cost Index in Crane is 99 versus 100 in the US. Local businesses such as J&S Auto Repair and B & L's Landscaping are popular among residents here and serve as important components to the local economy.
Crane has an unemployment rate of 5.2%. The US average is 6.0%.
Crane has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 1.5%, which is lower than the US average of 33.5%.
Tax Rates for Crane
- The Sales Tax Rate for Crane is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Crane 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 Crane
- The average income of a Crane resident is $33,131 a year. The US average is $37,638 a year.
- The Median household income of a Crane resident is $66,992 a year. The US average is $69,021 a year.