Kings Point, MT is a charming small town located in the northern region of Montana. With its close proximity to larger cities and beautiful mountain sights, it's an ideal place for those looking to escape the hustle and bustle of city life. It is known for its low cost of living, with 2 bedroom rent being $1,090 compared to the US average of $1,430. Groceries are also relatively cheaper in Kings Point with a grocery cost index of 103 versus 100 in the US. The area boasts a variety of local businesses such as Kings Point Hardware Store, Kings Point Diner, and Ace Motors Auto Repair. For entertainment options there is also Northerly Ski Resort where visitors can enjoy cross country skiing and snowshoeing in the winter months.
Kings Point has an unemployment rate of 5.0%. The US average is 6.0%.
Kings Point has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Kings Point
- The Sales Tax Rate for Kings Point is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Kings Point 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 Kings Point
- The average income of a Kings Point resident is $38,678 a year. The US average is $28,555 a year.
- The Median household income of a Kings Point resident is $106,250 a year. The US average is $69,021 a year.