Gallatin Gateway, MT Economy


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Gallatin Gateway, MT is a small town located in the state of Montana. It has a population of about 1,000 and is known for its quaint mountain scenery. The rental cost of two bedroom homes here is $2,140 compared to the national average of $1,430; furthermore, the grocery cost index of 108 in Gallatin Gateway versus 100 in the US shows that groceries are more expensive here. Local companies include A Touch of Montana, offering outdoor recreation activities such as fishing and camping; Bridger Ski Foundation which operates several ski resorts in the region; and finally Yellowstone Raft Company which offers river rafting trips down some of Montana's most scenic rivers.

Gallatin Gateway has an unemployment rate of 3.0%. The US average is 6.0%.

Gallatin Gateway has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 49.1%, which is higher than the US average of 33.5%.

Tax Rates for Gallatin Gateway
- The Sales Tax Rate for Gallatin Gateway is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Gallatin Gateway 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 Gallatin Gateway
- The average income of a Gallatin Gateway resident is $26,842 a year. The US average is $28,555 a year.
- The Median household income of a Gallatin Gateway resident is $61,094 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGallatin Gateway, MontanaUnited States
  36
  -1.3%-6.2%
  49.1%33.5%
  0.0%6.2%
  6.9%4.6%
  $41,147$37,638
  $61,094$69,021
  $103,250$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  18.1%6.8%
  10.6%10.0%
  1.8%2.5%
  12.1%11.0%
  2.0%4.8%
  0.0%0.8%
  2.5%1.9%
  0.0%4.7%
  1.3%1.9%
  13.1%7.6%
  0.0%0.1%
  2.8%4.2%
  7.6%9.3%
  5.5%14.0%
  1.3%2.1%
  11.8%7.0%
  4.5%4.8%
  2.5%4.7%
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