Saco, MT Economy


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United States / Montana / No Metro Area / Phillips County / Saco / Zip Codes
Saco, MT is an ideal place to call home with a population of under 2,000 residents; it is the perfect mix of small-town charm, peace and tranquility. The average two bedroom rent in Saco is $820 per month which is significantly lower than the US average of $1,430 per month. Residents benefit from low grocery costs as well; in Saco the Grocery Cost Index is 95 versus 100 in the US. Furthermore, local businesses such as H & J Feeds & Hardware, Rebar Engineering Inc., and D&D Auto Repair provide goods and services to both residents and visitors alike. All in all, living in Saco offers a high quality of life at an affordable cost.

Saco has an unemployment rate of 5.5%. The US average is 6.0%.

Saco has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 13.8%, which is lower than the US average of 33.5%.

Tax Rates for Saco
- The Sales Tax Rate for Saco is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Saco 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 Saco
- The average income of a Saco resident is $19,657 a year. The US average is $28,555 a year.
- The Median household income of a Saco resident is $41,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySaco, MontanaUnited States
  5.56
  -0.8%-6.2%
  13.8%33.5%
  0.0%6.2%
  6.9%4.6%
  $23,216$37,638
  $41,750$69,021
  $43,750$85,028
  Population by Occupation
  9.4%1.2%
  0.0%0.5%
  2.9%6.8%
  0.7%10.0%
  1.4%2.5%
  16.7%11.0%
  0.7%4.8%
  4.3%0.8%
  1.4%1.9%
  5.1%4.7%
  2.2%1.9%
  0.0%7.6%
  0.0%0.1%
  1.4%4.2%
  11.6%9.3%
  5.1%14.0%
  0.0%2.1%
  33.3%7.0%
  2.2%4.8%
  1.4%4.7%
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