Lolo, MT (59847) is a small town located in Missoula County with a population of approximately 6,000 people. It is known for its stunning natural scenery including mountains, rivers, forests and pristine lakes. The local economy is supported by lumber mills, agricultural production and tourism.
The 2 Bedroom rental that is found in Lolo, MT is $1,070 which is lower than the US average of $1,430 per month. Furthermore there is an index score of 104 which measures the cost of groceries against the US average of 100 making it slightly higher to purchase goods when compared to the national level. This along with affordable housing makes Lolo, MT an excellent place for families looking for a comfortable place to live without breaking the bank. Companies such as Missoula Federal Credit Union and Peak Health Solutions provide employment opportunities for locals while tourist can enjoy attractions such as Travelers Rest State Park or take part in rafting trips on the Bitterroot River with White Water Adventures Montana.
Lolo (zip 59847) has an unemployment rate of 4.4%. The US average is 6.0%.
Lolo (zip 59847) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Lolo (zip 59847)
- The Sales Tax Rate for Lolo (zip 59847) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Lolo (zip 59847) 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 Lolo (zip 59847)
- The average income of a Lolo (zip 59847) resident is $28,101 a year. The US average is $28,555 a year.
- The Median household income of a Lolo (zip 59847) resident is $63,721 a year. The US average is $69,021 a year.