The small town of Florence, MT (Zip Code 59833) is a great place to live for those looking for an affordable housing option. The average rent for a two-bedroom apartment in this area is $1,220, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Florence is 105 versus 100 in the US – showing that groceries are slightly more expensive here than elsewhere.
Florence has quite a few local companies that make up its economy including Butte-Silver Bow County Electric, Montana Resources LLC and Novellus Systems Inc. These three companies employ many locals and provide some of the best services available. The cost of living index in Florence is also low compared to nearby cities – making it an attractive place to live for those on a budget or looking for a rural lifestyle.
Florence (zip 59833) has an unemployment rate of 4.8%. The US average is 6.0%.
Florence (zip 59833) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Florence (zip 59833)
- The Sales Tax Rate for Florence (zip 59833) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Florence (zip 59833) 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 Florence (zip 59833)
- The average income of a Florence (zip 59833) resident is $37,516 a year. The US average is $37,638 a year.
- The Median household income of a Florence (zip 59833) resident is $73,255 a year. The US average is $69,021 a year.