Lolo, Montana is a small city located in Missoula County. It is known for its picturesque views of the Rocky Mountains and its close proximity to Helena, Montana's state capital. The cost of living in Lolo is lower than the United States average, with two-bedroom rent averaging at $1,090 compared to $1,430 nationally. Additionally, grocery costs in Lolo are higher than the US average with an index of 104.
The city of Lolo offers residents many services and businesses such as Sun River Health Center, Treasure State Bank, and Lolo Peak Brewery. Sun River Health Center provides medical care while Treasure State Bank helps provide financial services like mortgages and loans. Lastly, Lolo Peak Brewery offers craft beer to local residents and tourists alike.
Lolo has an unemployment rate of 4.4%. The US average is 6.0%.
Lolo has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Lolo
- The Sales Tax Rate for Lolo is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Lolo 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 Lolo
- The average income of a Lolo resident is $25,239 a year. The US average is $28,555 a year.
- The Median household income of a Lolo resident is $62,617 a year. The US average is $69,021 a year.