Park City, MT is a picturesque mountain town located in the foothills of the Rocky Mountains. With its proximity to ski resorts, hiking trails, and other outdoor recreational opportunities, Park City has become an attractive destination for many. The cost of living here is relatively low compared to the national average; two bedroom apartment rent is only $950 while the national average is $1,430. In addition, grocery costs are also more affordable than the US as a whole with the Grocery Cost Index being exactly the same in Park City as it is nationally. \nLocal businesses in Park City include Big Sky Carvers, Montana Gift Corral and Cowboy Collectibles, and Big Sky Bison Ranch.
Park City has an unemployment rate of 3.7%. The US average is 6.0%.
Park City has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Park City
- The Sales Tax Rate for Park City is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Park City 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 Park City
- The average income of a Park City resident is $26,462 a year. The US average is $37,638 a year.
- The Median household income of a Park City resident is $66,000 a year. The US average is $69,021 a year.