Wolf Point, MT is a small city located in the state of Montana. Its population is estimated to be around 3,000 people. Wolf Point is known for having some of the most affordable housing prices in the country as evidenced by its 2 bedroom rental rate of $840 compared to the US average of $1,430. Additionally, Wolf Point has an excellent cost of living index score of 95 compared to 100 in the US. The city has many local businesses that help keep costs low including grocery stores such as Anderson's Supermarket, hardware outlets such as Ace Hardware and Lumber Supply, and specialty shops like Piehl Drug Store and C&D Mercantile Co. All these factors make Wolf Point an attractive place to live with an affordable cost of living.
Wolf Point has an unemployment rate of 5.3%. The US average is 6.0%.
Wolf Point has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Wolf Point
- The Sales Tax Rate for Wolf Point is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Wolf Point 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 Wolf Point
- The average income of a Wolf Point resident is $15,396 a year. The US average is $28,555 a year.
- The Median household income of a Wolf Point resident is $49,509 a year. The US average is $69,021 a year.