Grass Range, MT is a small town with an estimated population of less than 200 people. The local economy is primarily based on the cattle ranching industry, making it a rural community that offers a peaceful atmosphere. The cost of living in Grass Range is considerably cheaper than the US average across all categories, including two-bedroom rent, which comes in at $940 compared to $1,430 nationally. Groceries are around 3% cheaper as well, with an index of 97 versus 100 in the US. Local companies in Grass Range include Briar Creek Ranch and Sweetwater Saloon & Cafe. In sum, Grass Range offers a slower pace of life for those who appreciate wide open spaces and lower costs associated with living off the beaten path.
Grass Range has an unemployment rate of 4.6%. The US average is 6.0%.
Grass Range 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 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Grass Range
- The Sales Tax Rate for Grass Range is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Grass Range 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 Grass Range
- The average income of a Grass Range resident is $16,573 a year. The US average is $28,555 a year.
- The Median household income of a Grass Range resident is $40,250 a year. The US average is $69,021 a year.