Frenchtown, MT is a smaller town located in Montana with an estimated population of 1,958. The cost of living in Frenchtown is lower than the national average, as demonstrated by the 2 bedroom rent which is $1,190 and the Grocery Cost Index at 106. This makes it an attractive place for people looking to live on a budget and save money. There are several local businesses in Frenchtown including, The Uptown Cafe, Jensen's IGA grocery store, Bitterroot Valley Motors car dealership, and The Spot Sports Bar & Grill. Even though it is a small town there are plenty of options for locals as well as visitors to enjoy.
Frenchtown has an unemployment rate of 4.4%. The US average is 6.0%.
Frenchtown has seen the job market decrease by -3.2% 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 Frenchtown
- The Sales Tax Rate for Frenchtown is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Frenchtown 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 Frenchtown
- The average income of a Frenchtown resident is $42,427 a year. The US average is $37,638 a year.
- The Median household income of a Frenchtown resident is $91,419 a year. The US average is $69,021 a year.