Roy, MT is a small city located in Montana with a population of approximately 1,000 people. It is situated close to the beautiful Rocky Mountains and offers a range of outdoor activities to its residents. In terms of economic activity, Roy has several small local businesses such as King's Corner Restaurant and Yellowstone Meat Processing. The area also boasts various attractions for visitors including Yellowstone River Adventures, Bighorn National Forest, and Red Lodge Mountain Resort. Rent in Roy is quite affordable, averaging around $1,130 for two bedrooms compared to the US average of $1,430. Furthermore, the grocery cost index in Roy is at par with the US index at 100 each. All these factors make Roy an ideal location to live or visit for experiencing the great outdoors while staying within budget.
Roy has an unemployment rate of 4.6%. The US average is 6.0%.
Roy has seen the job market decrease by -4.6% 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 Roy
- The Sales Tax Rate for Roy is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Roy 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 Roy
- The average income of a Roy resident is $20,659 a year. The US average is $37,638 a year.
- The Median household income of a Roy resident is $41,591 a year. The US average is $69,021 a year.