Polson, MT Economy


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United States / Montana / No Metro Area / Lake County / Polson / Zip Codes
Polson, MT is a small city located in Northwest Montana along the Flathead River. It is known for its outdoor recreation such as fishing, camping, and boating. There are many local businesses that contribute to the city's economy including Polson Boatworks, Valley Drug & Hardware, and The Glacier Bank. Living in Polson is quite affordable compared to other cities in the US. The cost of renting a 2 bedroom apartment here is $1,090 which is significantly lower than the US average at $1,430. Furthermore, grocery costs here are about 3% cheaper than the national average. All of these factors make Polson an attractive destination for those looking for an affordable place to live.

Polson has an unemployment rate of 5.0%. The US average is 6.0%.

Polson 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 Polson
- The Sales Tax Rate for Polson is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Polson 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 Polson
- The average income of a Polson resident is $19,591 a year. The US average is $28,555 a year.
- The Median household income of a Polson resident is $45,565 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPolson, MontanaUnited States
  56
  0.5%-6.2%
  38.1%33.5%
  0.0%6.2%
  6.9%4.6%
  $25,944$37,638
  $45,565$69,021
  $58,857$85,028
  Population by Occupation
  4.5%1.2%
  1.8%0.5%
  0.0%6.8%
  3.7%10.0%
  0.0%2.5%
  21.6%11.0%
  2.5%4.8%
  1.1%0.8%
  6.2%1.9%
  1.1%4.7%
  0.7%1.9%
  3.0%7.6%
  0.0%0.1%
  2.1%4.2%
  7.5%9.3%
  23.4%14.0%
  3.8%2.1%
  5.9%7.0%
  2.8%4.8%
  8.3%4.7%
Reviews for Polson
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Good for retirees. Otherwise, hard to make a living. Cost of living exceeds  More

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Over 16 years ago

Polson is a small, howdy-do kinda town. Significant crime is almost unheard of, it's mostly just the occasional punk breaks into his grandpa's house and steals $500.   More

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