Zip 59631 (Basin, MT) Economy


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Basin, MT 59631 is a small town situated in the Beaverhead-Deerlodge National Forest, and is home to the Montana Mining Company, Big Sky Logging & Mining LLC, and Big Sky Excavation Inc. Rent in Basin is significantly lower than the US average of $1,430 for 2 Bedroom rentals, at only $940. Furthering this affordability, grocery costs are also much lower at an index of 97 compared to 100 in the US. Basin offers a unique opportunity for those looking for an affordable place to live with a close connection to nature.

Basin (zip 59631) has an unemployment rate of 4.1%. The US average is 6.0%.

Basin (zip 59631) has seen the job market decrease by -1.7% 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 Basin (zip 59631)
- The Sales Tax Rate for Basin (zip 59631) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Basin (zip 59631) 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 Basin (zip 59631)
- The average income of a Basin (zip 59631) resident is $19,185 a year. The US average is $28,555 a year.
- The Median household income of a Basin (zip 59631) resident is $43,929 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBasin, MontanaUnited States
  4.16
  -1.1%-6.2%
  22.5%33.5%
  0.0%6.2%
  6.9%4.6%
  $30,380$37,638
  $43,929$69,021
  $73,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  37.3%6.8%
  1.6%10.0%
  0.0%2.5%
  2.2%11.0%
  1.1%4.8%
  3.2%0.8%
  0.0%1.9%
  0.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  24.9%4.2%
  10.3%9.3%
  1.1%14.0%
  0.0%2.1%
  4.9%7.0%
  4.3%4.8%
  8.6%4.7%
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