Silver Bow County, MT Economy


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United States / Montana / / Silver Bow County / Cities / Zip Codes
Silver Bow, MT County is a great place to live due to its low cost of living. The 2 bedroom rent in this county is over $500 less than the national average, so it can be an excellent option for those looking for a more affordable option for their housing needs. Additionally, the Grocery Cost Index in Silver Bow is only one point higher than in the US, meaning that groceries are very affordable as well. This county also has some fantastic local businesses to enjoy such as Big Sky Metals, McAlister's Deli, and Jus-T-B's Cafe & Bakery. All of these make this county a great place to live and work as it offers an abundance of amenities at an attractive price tag.

Silver Bow County has an unemployment rate of 4.9%. The US average is 6.0%.

Silver Bow County has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Silver Bow County
- The Sales Tax Rate for Silver Bow County is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Silver Bow 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 Silver Bow County
- The average income of a Silver Bow County resident is $23,698 a year. The US average is $28,555 a year.
- The Median household income of a Silver Bow County resident is $50,331 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySilver Bow, MontanaUnited States
  4.96
  -2.8%-6.2%
  23.8%33.5%
  0.0%6.2%
  6.9%4.6%
  $30,459$37,638
  $50,331$69,021
  $67,109$85,028
  Population by Occupation
  1.5%1.2%
  2.4%0.5%
  7.5%6.8%
  4.7%10.0%
  2.8%2.5%
  10.1%11.0%
  4.6%4.8%
  4.2%0.8%
  1.8%1.9%
  3.7%4.7%
  1.2%1.9%
  4.2%7.6%
  0.1%0.1%
  2.3%4.2%
  8.4%9.3%
  18.0%14.0%
  1.7%2.1%
  10.4%7.0%
  5.4%4.8%
  5.1%4.7%
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