Fallon County, MT Economy


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United States / Montana / No Metro Area / Fallon County / Cities / Zip Codes
Fallon, MT County is a beautiful rural area located in the western part of Montana. It is known for its agricultural industry and large cattle farms, as well as its outdoor activities such as hiking, camping, fishing and hunting. The cost of living in Fallon, MT County is quite low compared to other parts of the country. Rent for a two bedroom home in Fallon averages $920 per month which is significantly lower than the US average of $1, 430 per month. Additionally, the Grocery Cost Index here is 99 versus 100 in the US making necessary items relatively cheaper here than elsewhere. Local companies include Madden's Inc., Stockman Bank, and EZ Ranch Supply. All three businesses have been around for many years and contribute to the economic growth of Fallon, MT County.

Fallon County has an unemployment rate of 3.4%. The US average is 6.0%.

Fallon County has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 0.1%, which is lower than the US average of 33.5%.

Tax Rates for Fallon County
- The Sales Tax Rate for Fallon County is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Fallon County 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 Fallon County
- The average income of a Fallon County resident is $32,353 a year. The US average is $28,555 a year.
- The Median household income of a Fallon County resident is $83,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFallon, MontanaUnited States
  3.46
  -5.4%-6.2%
  0.1%33.5%
  0.0%6.2%
  6.9%4.6%
  $41,686$37,638
  $83,750$69,021
  $106,477$85,028
  Population by Occupation
  13.0%1.2%
  19.1%0.5%
  11.1%6.8%
  2.6%10.0%
  0.0%2.5%
  10.1%11.0%
  9.6%4.8%
  0.6%0.8%
  0.7%1.9%
  0.2%4.7%
  0.0%1.9%
  0.7%7.6%
  0.0%0.1%
  3.8%4.2%
  9.5%9.3%
  9.0%14.0%
  1.0%2.1%
  2.6%7.0%
  2.5%4.8%
  3.9%4.7%
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