Ovando, MT is a quaint rural town with a population of fewer than 200 people. It's known for its small-town charm and peaceful living - something that's hard to find in today's busy world. Although the cost of living in Ovando is slightly higher than the US average, rent on two bedrooms comes in at just $1,030, which is notably lower than the US average of $1,430. Groceries also come in at a cheaper price due to Ovando’s Grocery Cost Index rating of 104 versus 100 in the US. Locally owned businesses include The Swinging Door Saloon & Cafe - a staple for residents and visitors alike - and Heart River Ranch Feed Store for all your agricultural needs. For those looking for outdoor activities to enjoy while visiting or living here, there are plenty of opportunities for recreation including hiking and fishing on the iconic Dearborn River or exploring nearby Elkhorn Hot Springs.
Ovando has an unemployment rate of 3.6%. The US average is 6.0%.
Ovando has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Ovando
- The Sales Tax Rate for Ovando is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Ovando 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 Ovando
- The average income of a Ovando resident is $27,891 a year. The US average is $37,638 a year.
- The Median household income of a Ovando resident is $54,688 a year. The US average is $69,021 a year.