Sedan, MT is a small town located in the Montana Valley. It boasts beautiful mountain views and offers a variety of outdoor recreational activities to enjoy. The cost of living in Sedan is relatively low compared to other towns of similar size, with 2 bedroom rentals averaging $1,430 per month. Grocery costs are also favorable with the Grocery Cost Index being 103 versus 100 in the US. \nThe local economy benefits from businesses such as the Northern Lights Outfitters, Sagebrush Saloon, and Saddle-Up Market and Deli. The unemployment rate for Sedan was just 5.8% in 2019 according to the Montana Department of Labor & Industry.
Sedan has an unemployment rate of 3.0%. The US average is 6.0%.
Sedan 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 49.1%, which is higher than the US average of 33.5%.
Tax Rates for Sedan
- The Sales Tax Rate for Sedan is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Sedan 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 Sedan
- The average income of a Sedan resident is $39,389 a year. The US average is $37,638 a year.
- The Median household income of a Sedan resident is $0 a year. The US average is $69,021 a year.