Fairfield, MT Economy


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United States / Montana / No Metro Area / Teton County / Fairfield / Zip Codes
Fairfield, MT is a small town located in the heart of Big Sky Country. It is known for its friendly people and stunning natural beauty. The cost of living in Fairfield is quite low compared to the US average, with 2-bedroom rent coming in at $960 per month versus $1,430 nationwide. Grocery prices are also extremely affordable with the Grocery Cost Index being only 99 compared to 100 in the US.
Fairfield also has plenty to offer residents when it comes to local amenities and businesses. Residents can enjoy shopping for locally produced food at Bitterroot Valley Natural Foods, or take part in some outdoor recreation activities at Big Sky Adventures & Outfitters. Other local businesses include Real Estate Agent Justin Richter Realty Group, Fairfield Veterinary Hospital, and Big Sky Motor Sports.
Overall, Fairfield is an advantageous place to live due to its relatively low cost of living combined with its access to plentiful amenities and activities both indoors and out. With its friendly people, beautiful landscape, and abundance of services - there's no wonder why so many people choose Fairfield as their home!

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

Fairfield 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 Fairfield
- The Sales Tax Rate for Fairfield is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Fairfield 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 Fairfield
- The average income of a Fairfield resident is $20,188 a year. The US average is $28,555 a year.
- The Median household income of a Fairfield resident is $66,467 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairfield, MontanaUnited States
  4.36
  -0.9%-6.2%
  12.0%33.5%
  0.0%6.2%
  6.9%4.6%
  $28,953$37,638
  $66,467$69,021
  $68,661$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  15.2%6.8%
  0.0%10.0%
  6.0%2.5%
  19.7%11.0%
  2.9%4.8%
  4.1%0.8%
  3.2%1.9%
  9.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.2%4.2%
  7.6%9.3%
  14.0%14.0%
  1.3%2.1%
  1.9%7.0%
  3.8%4.8%
  4.4%4.7%
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