Baker, MT Economy


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United States / Montana / No Metro Area / Fallon County / Baker / Zip Codes
Baker, MT is a small town located in Montana, with a population of about 1,200 people. The cost of living is very reasonable, with the average two-bedroom rental rate being only $950 per month. Groceries are also quite affordable in Baker, with an index score of 99 compared to 100 in the United States overall. There are several local businesses that serve the community of Baker well including Lost Trail Lodge & Outfitters which offers outdoor activities such as fishing and hunting trips, and Granite State Market which specializes in locally sourced produce and specialty food items. For those looking for a place to dine out there's the Blackbird Café which serves up classic American fare. Overall, life in Baker is simple and peaceful with an abundance of outdoor recreational activities nearby and relatively low cost of living expenses making it an attractive option for many home buyers and renters alike.

Baker has an unemployment rate of 3.4%. The US average is 6.0%.

Baker has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 1.6%, which is lower than the US average of 33.5%.

Tax Rates for Baker
- The Sales Tax Rate for Baker is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Baker 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 Baker
- The average income of a Baker resident is $29,497 a year. The US average is $28,555 a year.
- The Median household income of a Baker resident is $75,741 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaker, MontanaUnited States
  3.46
  -5.4%-6.2%
  1.6%33.5%
  0.0%6.2%
  6.9%4.6%
  $31,760$37,638
  $75,741$69,021
  $105,676$85,028
  Population by Occupation
  0.0%1.2%
  28.4%0.5%
  13.3%6.8%
  5.0%10.0%
  0.0%2.5%
  16.7%11.0%
  9.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.4%4.2%
  6.1%9.3%
  6.7%14.0%
  0.0%2.1%
  2.5%7.0%
  1.9%4.8%
  7.0%4.7%
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