Trout Creek, MT is a small town nestled in the mountains. It is a quiet and peaceful community with low population. Despite its small size, Trout Creek has a variety of local businesses such as Amber Gardens Nursery & Landscape, Nip 'N Tuck Taxidermy, and Johnson Catering Services. The cost of living in Trout Creek is lower than most places due to the small population and lack of competition leading to lower rents, groceries, and other commodities. With rent for a two-bedroom apartment at only $1,010 compared to the US average of $1,430 and a grocery cost index at 100 versus an index of 100 in the US, Trout Creek offers great value for money making it an ideal place to live.
Trout Creek has an unemployment rate of 6.4%. The US average is 6.0%.
Trout Creek has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Trout Creek
- The Sales Tax Rate for Trout Creek is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Trout Creek 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 Trout Creek
- The average income of a Trout Creek resident is $16,076 a year. The US average is $28,555 a year.
- The Median household income of a Trout Creek resident is $46,875 a year. The US average is $69,021 a year.