Sheridan, MT Economy


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United States / Montana / No Metro Area / Madison County / Sheridan / Zip Codes
Sheridan, MT is an ideal place to live for those looking for a slower paced life. With a 2 bedroom rent of $1,010 which is significantly less than the US average of $1,430, it offers a great value for housing. The Grocery Cost Index in Sheridan is also slightly lower than the US at 99 versus 100. Local companies include Sheridan Feed & Supply Inc., Big Horn County Abstract & Title Company, and 7 Bar Trails. Communities are tight-knit and friendly in Sheridan, making it a great place to call home.

Sheridan has an unemployment rate of 3.9%. The US average is 6.0%.

Sheridan has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Sheridan
- The Sales Tax Rate for Sheridan is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Sheridan 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 Sheridan
- The average income of a Sheridan resident is $35,194 a year. The US average is $37,638 a year.
- The Median household income of a Sheridan resident is $73,021 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySheridan, 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%
Reviews for Sheridan
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Sheridan has a real charm, based at the foot of the Ruby Mountains, the views are breathtaking. The charm of the community is the small town mentality. Everyone knows  More

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Over 19 years ago

My mother's family had a home in Sheridan in the late 1800 Their home was next to the old hotel and bar. My great grandmother used to work there., Her picture was  More

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