Zip 59016 (Busby, MT) Economy


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United States / Montana / No Metro Area / Big Horn County / Busby / Busby (zip 59016)
Busby, MT (59016) is an area with plenty of options for people looking for a place to live. It has a low cost of living compared to most other areas in the U.S., with two bedroom rent averaging around $830 and grocery costs being about 97 compared to 100 on average for the nation. The area also has several local businesses such as Busby Trading Company, Cactus Auto Parts, and Busby Bar & Grill where residents can spend their money on quality products and services. All in all, Busby presents a great opportunity for those looking to make their budget stretch further while still having access to all the amenities they could want or need.

Busby (zip 59016) has an unemployment rate of 9.0%. The US average is 6.0%.

Busby (zip 59016) has seen the job market decrease by -1.3% 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 Busby (zip 59016)
- The Sales Tax Rate for Busby (zip 59016) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Busby (zip 59016) 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 Busby (zip 59016)
- The average income of a Busby (zip 59016) resident is $12,288 a year. The US average is $28,555 a year.
- The Median household income of a Busby (zip 59016) resident is $41,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBusby, MontanaUnited States
  96
  -0.4%-6.2%
  2.6%33.5%
  0.0%6.2%
  6.9%4.6%
  $19,011$37,638
  $41,750$69,021
  $54,375$85,028
  Population by Occupation
  36.2%1.2%
  0.0%0.5%
  5.0%6.8%
  1.2%10.0%
  0.0%2.5%
  0.0%11.0%
  2.1%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.9%7.6%
  0.0%0.1%
  0.0%4.2%
  14.7%9.3%
  11.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  26.2%4.7%
Health