Belfry, MT is a small town located in the Yellowstone Valley. It is known for its beautiful views of the Beartooth Mountains and the Absaroka Range. The cost of living in this area is quite low with two bedroom rent being around $1,070 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Belfry is 96 as compared to 100 in the US on average.
The town is a great place to call home due to its natural beauty and affordability. There are many local businesses that serve the community including Anderson Oil Field Services, Montana Waste Systems Inc., and Belfry Lumber Company. All three businesses provide services that are essential to local residents and businesses.
Belfry has an unemployment rate of 4.4%. The US average is 6.0%.
Belfry has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Belfry
- The Sales Tax Rate for Belfry is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Belfry 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 Belfry
- The average income of a Belfry resident is $17,753 a year. The US average is $28,555 a year.
- The Median household income of a Belfry resident is $41,250 a year. The US average is $69,021 a year.