Forsyth, MT is an ideal place to live due to its low cost of living. The 2 bedroom rent in Forsyth is only $820 compared to the US national average of $1430. Grocery costs are also lower with an index score of 98 versus 100 in the US. This makes it a great city for people on a budget. Local companies include Forsyth Hardware, Forsyth Pharmacy, and Stumptown Groceries providing services and necessities at competitive prices. Other nearby attractions such as Bracket Creek Park provide a great recreational outlet for people in the area. All these factors make Forsyth, MT an attractive place to live for anyone looking for lower costs without sacrificing quality services and amenities.
Forsyth has an unemployment rate of 4.6%. The US average is 6.0%.
Forsyth has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 11.7%, which is lower than the US average of 33.5%.
Tax Rates for Forsyth
- The Sales Tax Rate for Forsyth is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Forsyth 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 Forsyth
- The average income of a Forsyth resident is $25,463 a year. The US average is $28,555 a year.
- The Median household income of a Forsyth resident is $51,324 a year. The US average is $69,021 a year.