Silver Gate, MT is a small town located in the northeastern part of the state. It is an excellent location for those looking for somewhere to live while staying close to nature. The average two-bedroom rent in Silver Gate is $1,650, which is slightly higher than the US average of $1,430. The Grocery Cost Index in Silver Gate is also higher than the US with 103 versus 100.
There are several local companies that help make Silver Gate an attractive option for people who want to make living there. Examples include Big Sky Country Realty which provides real estate services and Frontier Electric which offers electrical work and supply services. For those who enjoy outdoor activities, Black Bear Adventures provides guided tours of Yellowstone National Park and surrounding areas. Finally, Landers Store provides general merchandise and groceries for locals and visitors alike.
Silver Gate has an unemployment rate of 5.1%. The US average is 6.0%.
Silver Gate has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Silver Gate
- The Sales Tax Rate for Silver Gate is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Silver Gate 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 Silver Gate
- The average income of a Silver Gate resident is $22,571 a year. The US average is $28,555 a year.
- The Median household income of a Silver Gate resident is $235,156 a year. The US average is $69,021 a year.