Richland County, MT Economy


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United States / Montana / No Metro Area / Richland County / Cities / Zip Codes
Richland, MT County is a great place to live with low cost of living. The two bedroom rent in the county is only $920 which is much lower than the US average of $1,430. Additionally, the grocery cost index in Richland, MT County is 99 versus 100 in the US. Local companies that operate in Richland include Hammer Rental & Supply, Inc., A-1 Builders Supply Co., and Rocky Mountain Electric Cooperative. The estimated population of Richland County is 11,159 people according to the 2018 U.S. Census Bureau estimate. With its low cost of living and local businesses, Richland County provides a great place to live for individuals and families alike.

Richland County has an unemployment rate of 5.2%. The US average is 6.0%.

Richland County has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 2.6%, which is lower than the US average of 33.5%.

Tax Rates for Richland County
- The Sales Tax Rate for Richland County is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Richland 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 Richland County
- The average income of a Richland County resident is $31,840 a year. The US average is $28,555 a year.
- The Median household income of a Richland County resident is $62,530 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichland, MontanaUnited States
  5.26
  -3.1%-6.2%
  2.6%33.5%
  0.0%6.2%
  6.9%4.6%
  $30,143$37,638
  $62,530$69,021
  $77,370$85,028
  Population by Occupation
  6.0%1.2%
  9.5%0.5%
  9.6%6.8%
  5.2%10.0%
  1.2%2.5%
  11.5%11.0%
  5.9%4.8%
  1.7%0.8%
  1.2%1.9%
  5.7%4.7%
  0.9%1.9%
  3.0%7.6%
  0.0%0.1%
  2.8%4.2%
  7.9%9.3%
  9.3%14.0%
  2.6%2.1%
  7.9%7.0%
  5.5%4.8%
  2.5%4.7%
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