Sheridan County, MT Economy


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United States / Montana / No Metro Area / Sheridan County / Cities / Zip Codes
Sheridan, MT County is a great place to live, offering affordable living costs and a variety of local businesses. The average 2 bedroom rent in the county is only $860 per month, which is much lower than the national average of $1430. Grocery costs are also quite low in the area with an index score of 95 versus 100 for the US as a whole. Companies in Sheridan include Montana Logging & River Supply, 2J’s Foods, and Big Sky Hardware. The low cost of living makes it an attractive option for those looking to relocate or start a business in the area.

Sheridan County has an unemployment rate of 4.4%. The US average is 6.0%.

Sheridan County has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 2.9%, which is lower than the US average of 33.5%.

Tax Rates for Sheridan County
- The Sales Tax Rate for Sheridan County is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Sheridan 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 Sheridan County
- The average income of a Sheridan County resident is $31,642 a year. The US average is $28,555 a year.
- The Median household income of a Sheridan County resident is $58,786 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySheridan, MontanaUnited States
  4.46
  -1.1%-6.2%
  2.9%33.5%
  0.0%6.2%
  6.9%4.6%
  $39,287$37,638
  $58,786$69,021
  $85,685$85,028
  Population by Occupation
  17.0%1.2%
  9.7%0.5%
  7.3%6.8%
  1.8%10.0%
  1.1%2.5%
  8.4%11.0%
  3.1%4.8%
  0.9%0.8%
  1.0%1.9%
  3.1%4.7%
  0.7%1.9%
  3.7%7.6%
  0.5%0.1%
  2.3%4.2%
  7.9%9.3%
  16.8%14.0%
  2.0%2.1%
  6.0%7.0%
  3.2%4.8%
  3.4%4.7%
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