Montfort, WI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Montfort, WI is a thriving community located in Wisconsin. It is home to many local businesses such as the Montfort Family Market and The Montfort Diner, both of which offer quality products at competitive prices. The average rent for a two bedroom apartment in Montfort is $930, while the same accommodation will rent for an average of $1,430 across the United States. Additionally, the grocery cost index in Montfort is 95 versus 100 in the US - meaning that locals pay 5% less for groceries than what's available nationally. All these factors make living in Montford a great option for those looking to save money without sacrificing on amenities.

Montfort has an unemployment rate of 3.8%. The US average is 6.0%.

Montfort has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Montfort
- The Sales Tax Rate for Montfort is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Montfort is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Montfort
- The average income of a Montfort resident is $25,598 a year. The US average is $28,555 a year.
- The Median household income of a Montfort resident is $59,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMontfort, WisconsinUnited States
  3.86
  -3.4%-6.2%
  32.3%33.5%
  5.5%6.2%
  6.3%4.6%
  $26,995$37,638
  $59,063$69,021
  $81,094$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  7.3%6.8%
  20.4%10.0%
  1.5%2.5%
  14.6%11.0%
  6.7%4.8%
  0.0%0.8%
  3.5%1.9%
  3.5%4.7%
  2.3%1.9%
  0.6%7.6%
  0.0%0.1%
  3.5%4.2%
  4.4%9.3%
  17.5%14.0%
  0.0%2.1%
  5.8%7.0%
  2.3%4.8%
  4.1%4.7%
Health
Compare Montfort, WI
cost of living
Compare food, housing, utilities, and more in Montfort, Wisconsin to any other city in the US.