Montrose, ND is a small town located in the United States. It’s a great place for people who enjoy being close to nature with its beautiful landscapes and plenty of outdoor activities. Montrose is home to several local companies including Montrose Imaging Center, D&S Plumbing, Brown's Auto, and Village Grocery Outlet. The cost of living in Montrose is significantly cheaper than in the US in general. For example, rent for two bedroom apartments is nearly half at $770 compared to $1,430 across the country. Moreover, grocery costs are also lower with an index of 94 compared to 100 across the US.
Montrose has an unemployment rate of 3.9%. The US average is 6.0%.
Montrose has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Montrose
- The Sales Tax Rate for Montrose is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Montrose is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Montrose
- The average income of a Montrose resident is $19,703 a year. The US average is $37,638 a year.
- The Median household income of a Montrose resident is $0 a year. The US average is $69,021 a year.