Boyd, MT Economy


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Boyd, MT is a small town located in Montana. It offers an affordable cost of living when compared to the national average. The 2 bedroom rent in Boyd is $1,010 which is significantly below the US average of $1,430. Additionally, the Grocery Cost Index in Boyd is 104 versus 100 in the US. This makes it a great area for those seeking a more affordable lifestyle. \nSome local companies you can find in Boyd include Milligan's Country Kitchen, Boyd Bar & Grill, and Sacks Service Station. These businesses provide locals with delicious food and essential services. The community is also home to Montana Distillery, a craft distillery producing high-quality spirits from local ingredients.

Boyd has an unemployment rate of 4.4%. The US average is 6.0%.

Boyd has seen the job market decrease by -1.1% 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 Boyd
- The Sales Tax Rate for Boyd is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Boyd 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 Boyd
- The average income of a Boyd resident is $14,497 a year. The US average is $37,638 a year.
- The Median household income of a Boyd resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoyd, MontanaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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