Box Elder, MT is a small rural town located in the state of Montana. The town has a population of just over 2,000 people. It is known for its low cost of living including an average two-bedroom rent at $810 dollars compared to the national average of $1,430 dollars. The grocery cost index in Box Elder is 96 compared to 100 in the US overall which makes it a great place for families on a budget. Local companies in Box Elder include Wok'N'Roll Chinese Restaurant, Rainbow Bar and Motel, and Thee Hub Coffee Shop. These businesses help to create a strong local economy and provide much-needed employment opportunities for the citizens of Box Elder.
Box Elder has an unemployment rate of 3.7%. The US average is 6.0%.
Box Elder has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Box Elder
- The Sales Tax Rate for Box Elder is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Box Elder 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 Box Elder
- The average income of a Box Elder resident is $32,019 a year. The US average is $37,638 a year.
- The Median household income of a Box Elder resident is $0 a year. The US average is $69,021 a year.