Phillips County, MT Economy


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United States / Montana / No Metro Area / Phillips County / Cities / Zip Codes
Phillips, MT County is a great place to live due to its low cost of living. The median 2 bedroom rent in Phillips county is $830 compared to the US median which is $1,430 making it an affordable option for those looking for housing. Similarly, the grocery cost index in Phillips county is 97, compared to 100 in the US. Despite this low cost of living there are plenty of local businesses that provide residents with all the amenities they need. Some popular businesses include Rocky Mountain Supply, Great Northern Lumber and Ace Hardware. All offer quality services and products at competitive prices, making Phillips County a great place to call home.

Phillips County has an unemployment rate of 5.5%. The US average is 6.0%.

Phillips County has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 13.8%, which is lower than the US average of 33.5%.

Tax Rates for Phillips County
- The Sales Tax Rate for Phillips County is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Phillips 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 Phillips County
- The average income of a Phillips County resident is $22,450 a year. The US average is $28,555 a year.
- The Median household income of a Phillips County resident is $50,789 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhillips, MontanaUnited States
  5.56
  -0.8%-6.2%
  13.8%33.5%
  0.0%6.2%
  6.9%4.6%
  $27,684$37,638
  $50,789$69,021
  $67,449$85,028
  Population by Occupation
  25.3%1.2%
  2.6%0.5%
  5.6%6.8%
  0.1%10.0%
  0.1%2.5%
  10.8%11.0%
  3.0%4.8%
  3.8%0.8%
  0.2%1.9%
  0.8%4.7%
  0.2%1.9%
  3.2%7.6%
  0.0%0.1%
  2.6%4.2%
  7.3%9.3%
  9.5%14.0%
  1.5%2.1%
  9.2%7.0%
  5.3%4.8%
  8.9%4.7%
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