Carlton, MT is a small town located in Montana. The cost of living here is quite reasonable, with the average 2 bedroom rent being only slightly below the national average at $1,260 compared to $1,430. Grocery costs are also significantly lower here than in most other parts of the country with a grocery cost index of 105 versus 100 nationally.
The town has a few local businesses that make up its economy including Mountain Outfitters Sporting Goods Store, Carlton Hardware & Garden Supply, and Big Sky Pizza & Pub. There are also several small farms and ranches in the area that provide fresh produce and meats for locals looking for healthier options.
Carlton has an unemployment rate of 4.4%. The US average is 6.0%.
Carlton has seen the job market increase by 0.3% 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 Carlton
- The Sales Tax Rate for Carlton is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Carlton 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 Carlton
- The average income of a Carlton resident is $35,919 a year. The US average is $28,555 a year.
- The Median household income of a Carlton resident is $74,836 a year. The US average is $69,021 a year.