Woods Bay, MT is a charming small town situated between the Flathead Lake and the Swan Mountain Range. It is known for its picturesque scenery and small-town charm that make it an ideal location to settle down or take a vacation. The average 2 bedroom rent in Woods Bay is $1,580 per month, which is slightly higher than the US average of $1,430. This difference can be attributed to the popular tourist attractions that draw people from all over to visit Woods Bay. Additionally, grocery costs in Woods Bay are higher than those across the US with an index of 107 compared to 100.
The town is home to several companies such as Woods Bay Marina & Resort offering kayak rentals and boat charters, Harrington's Outdoor Store providing outdoor supplies and apparel, and Bigfork Historical Museum showcasing local artifacts from centuries past. Generally speaking, the cost of living in Woods Bay is slightly more expensive than other areas due to its popularity among tourists; however, it provides many unique opportunities that make up for it.
Woods Bay has an unemployment rate of 5.0%. The US average is 6.0%.
Woods Bay has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Woods Bay
- The Sales Tax Rate for Woods Bay is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Woods Bay 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 Woods Bay
- The average income of a Woods Bay resident is $31,001 a year. The US average is $28,555 a year.
- The Median household income of a Woods Bay resident is $85,417 a year. The US average is $69,021 a year.