Zip 59701 (Butte-Silver Bow, MT) Economy


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Butte-Silver Bow, MT 59701 is a small city located in southwestern Montana. It has a population of 33,892 people and is known for its bustling mining industry. The cost of living in Butte-Silver Bow is relatively low compared to the rest of the country, with 2 bedroom rent averaging $850. The Grocery Cost Index in this town is 98 versus 100 in the US. Some local companies include Montana Mining Company, Bell Industries, Inc., Copperopolis Foundry & Machine Works, and Wrangler's Bar & Grill. All these businesses provide employment opportunities to locals and make it easier for them to afford their cost of living.

Butte-Silver Bow (zip 59701) has an unemployment rate of 4.9%. The US average is 6.0%.

Butte-Silver Bow (zip 59701) 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 Butte-Silver Bow (zip 59701)
- The Sales Tax Rate for Butte-Silver Bow (zip 59701) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Butte-Silver Bow (zip 59701) 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 Butte-Silver Bow (zip 59701)
- The average income of a Butte-Silver Bow (zip 59701) resident is $23,415 a year. The US average is $28,555 a year.
- The Median household income of a Butte-Silver Bow (zip 59701) resident is $49,264 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyButte-Silver Bow, MontanaUnited States
  4.96
  -2.8%-6.2%
  23.8%33.5%
  0.0%6.2%
  6.9%4.6%
  $30,468$37,638
  $49,264$69,021
  $65,651$85,028
  Population by Occupation
  1.1%1.2%
  2.5%0.5%
  7.5%6.8%
  4.7%10.0%
  2.1%2.5%
  10.2%11.0%
  4.6%4.8%
  4.1%0.8%
  2.0%1.9%
  3.8%4.7%
  1.2%1.9%
  4.2%7.6%
  0.1%0.1%
  2.3%4.2%
  8.6%9.3%
  18.4%14.0%
  1.8%2.1%
  10.6%7.0%
  5.6%4.8%
  4.7%4.7%
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