Shepherd, MT is a small town located in Montana. It is known for its beauty and peaceful atmosphere. The cost of living in Shepherd, MT is significantly lower than the national average with two bedroom rent costing $870 compared to the US average which is $1,430. Furthermore, grocery costs are also lower with an index of 103 compared to 100 in the US. There are several local businesses in Shepherd, MT such as Bill's Hardware Store and Jenny's Cafe. These businesses provide essential services to the local community while also providing employment opportunities for many people.
Shepherd has an unemployment rate of 4.1%. The US average is 6.0%.
Shepherd has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Shepherd
- The Sales Tax Rate for Shepherd is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Shepherd 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 Shepherd
- The average income of a Shepherd resident is $39,559 a year. The US average is $37,638 a year.
- The Median household income of a Shepherd resident is $136,667 a year. The US average is $69,021 a year.