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 -0.8% 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 $23,216 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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