Three Forks, MT is a small town with a population of around 3,000. It is located in the southwest corner of Montana in the Gallatin Valley. The area is known for its picturesque views of the Bridger Mountains and offers many outdoor activities such as camping, fishing, hunting, hiking and more. Rent for a two-bedroom apartment in Three Forks is $1,170 per month which is slightly lower than the national average at $1,430 per month. Cost of living in Three Forks is also slightly lower than the national index with a grocery cost index at 103 versus 100 in the US. Companies located in Three Forks include Frontier Lumber & Supply Co., Three Forks Family Medicine and Glacial Lake Foods. All these factors make Three Forks an attractive location to live and work.
Three Forks has an unemployment rate of 3.0%. The US average is 6.0%.
Three Forks has seen the job market increase by 2.6% 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 Three Forks
- The Sales Tax Rate for Three Forks is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Three Forks 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 Three Forks
- The average income of a Three Forks resident is $23,848 a year. The US average is $28,555 a year.
- The Median household income of a Three Forks resident is $70,405 a year. The US average is $69,021 a year.