Economy in Montana

Montana has an unemployment rate of 4.2%. The US average is 5.2%.

Montana has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 38.0%.

Tax Rates for Montana
- The Sales Tax Rate for Montana is 0.0%. The US average is 6.0%.
- The Income Tax Rate for Montana is 6.9%. The US average is 4.6%.

Income and Salaries for Montana
- The average income of a Montana resident is $25,977 a year. The US average is $28,555 a year.
- The Median household income of a Montana resident is $46,766 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYMontana, MontanaUnited States
  Unemployment Rate4.2%5.2%
  Recent Job Growth1.9%1.6%
  Future Job Growth39.6%38.0%
  Sales Taxes0.0%6.0%
  Income Taxes0.0690.046
  Income per Cap.$25,977$28,555
  Household Income$46,766$53,482
  Family Median Income$60,581$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting5.3%1.3%
  Mining, quarrying, oil and gas extraction2.0%0.6%
  Construction8.1%6.2%
  Manufacturing4.5%10.4%
  Wholesale trade2.3%2.7%
  Retail trade12.2%11.6%
  Transportation and warehousing3.9%4.1%
  Utilities00
  Information1.8%2.1%
  Finance and insurance3.8%4.7%
  Real estate, rental, leasing1.6%1.9%
  Professional, scientific, technical services5.2%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs3.0%4.3%
  Educational services9.0%9.3%
  Health care and social assistance14.3%13.8%
  Arts, entertainment, recreation2.5%2.2%
  Accommodation, food services8.4%7.4%
  Other services4.9%4.9%
  Public administration6.4%4.8%
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    Reviews for Montana    14 Reviews
    Friendiness - 7/25/2015
    I am black, my husband is white; all I've ever wanted to do is visit the lakes and mountains of Montana. I am wondering how likely it is to be accepted there in terms... Read More

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    Naples, Florida - 4/3/2013
    Need a change of scene. Naples is far south--takes a long time to get out of Florida if... Read More

    From Maine to Montana - 2/25/2013
    I have always wanted to come to Montana , now that my husband an I are in our 40's,We now want to travel. We have live here in Maine most of our life. My husband is a... Read More


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