Loma, MT is a small town located in Montana. It is a rural area known for its quiet atmosphere and beautiful scenery. The average rent for a two-bedroom apartment in Loma is $850 per month which is noticeably lower than the national average of $1,430. Additionally, the cost of groceries in Loma is relatively low with an index score of 95 compared to 100 in the US. This makes it an attractive destination for those who want to enjoy a peaceful lifestyle while saving some money. There are several local businesses located in the area such as Big Sky Moving Company which offers moving and storage services; Working Dog Outfitters offering outdoor gear and apparel; and Aspen Meadows Veterinary providing animal care services. Each of these companies offer quality products and services that make life easier for locals living in Loma, MT.
Loma has an unemployment rate of 3.5%. The US average is 6.0%.
Loma has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Loma
- The Sales Tax Rate for Loma is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Loma 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 Loma
- The average income of a Loma resident is $35,800 a year. The US average is $28,555 a year.
- The Median household income of a Loma resident is $43,710 a year. The US average is $69,021 a year.