Great Falls, MT Metro Area is a great place to live for its affordability and quality of life. With a two-bedroom rent rate of only $910, which is much lower than the national average of $1,430, it makes this area a desirable destination for those looking for an affordable place to call home. In addition, the Grocery Cost Index in Great Falls is 100, which is the same as the cost index throughout the entire United States. There are many local companies that make up Great Falls' thriving economy including Montana State University-Great Falls College of Technology; Benefis Health System; Hagadone Publishing; and Malmstrom Air Force Base. It's no wonder why so many people choose to move to or stay in this lovely community. All in all, Great Falls offers its residents an incredibly affordable living experience compared to many other places throughout the country.
Great Falls Metro Area has an unemployment rate of 4.3%. The US average is 6.0%.
Great Falls Metro Area 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 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Great Falls Metro Area
- The Sales Tax Rate for Great Falls Metro Area is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Great Falls Metro Area 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 Great Falls Metro Area
- The average income of a Great Falls Metro Area resident is $25,216 a year. The US average is $28,555 a year.
- The Median household income of a Great Falls Metro Area resident is $56,377 a year. The US average is $69,021 a year.