The Silos, MT Economy


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United States / Montana / No Metro Area / Broadwater County / The Silos / Zip Codes
The Silos, MT is a small rural community located in the Midwest. It has a population of approximately 4500 and is home to some great local businesses. The cost of living in The Silos is quite low compared to other areas in the United States, with two bedroom rentals averaging $990 per month and grocery costs being 99 index points lower than the national average. Popular companies in The Silos include Smith's Hardware Store, G&G Supply Company, and Bullseye Bar & Grill. These businesses have been providing essential services for residents of The Silos for many years and continue to be an important part of the community today.

The Silos has an unemployment rate of 5.4%. The US average is 6.0%.

The Silos has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for The Silos
- The Sales Tax Rate for The Silos is 0.0%. The US average is 7.3%.
- The Income Tax Rate for The Silos 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 The Silos
- The average income of a The Silos resident is $31,528 a year. The US average is $28,555 a year.
- The Median household income of a The Silos resident is $66,346 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThe Silos, MontanaUnited States
  5.46
  -2.7%-6.2%
  32.7%33.5%
  0.0%6.2%
  6.9%4.6%
  $32,553$37,638
  $66,346$69,021
  $67,308$85,028
  Population by Occupation
  10.2%1.2%
  4.8%0.5%
  15.5%6.8%
  0.0%10.0%
  0.0%2.5%
  11.8%11.0%
  0.0%4.8%
  5.9%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  7.5%7.6%
  0.0%0.1%
  0.0%4.2%
  5.3%9.3%
  15.5%14.0%
  4.8%2.1%
  4.3%7.0%
  2.1%4.8%
  12.3%4.7%
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