59463 Monarch, MT is a small city with a population of just 486 people, according to the 2010 US Census. Despite its size, the cost of living here is quite low, making it a great place to live and work. The average 2-bedroom rent in Monarch is $910 per month, compared to the US average of $1,430. Grocery cost index is also significantly lower than the national average at 103 versus 100 in the US.
The city has plenty of local businesses for residents to shop and eat at. Popular restaurants include Big Sky Bakery & Cafe, Stageline Pizza, and Skeeter's Cafe & Restaurant. For retail shopping there are stores like Choteau Hardware, Teton Outfitters & Mercantile Co., and Harveys Simple Pleasures Gift Shoppe. There are also other services such as Flower Box Floral Design & Gifts and Bitterroots Tax Service so that locals can get all their needs met locally without having to travel too far away from town.
Monarch (zip 59463) has an unemployment rate of 4.3%. The US average is 6.0%.
Monarch (zip 59463) has seen the job market decrease by -3.3% 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 Monarch (zip 59463)
- The Sales Tax Rate for Monarch (zip 59463) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Monarch (zip 59463) 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 Monarch (zip 59463)
- The average income of a Monarch (zip 59463) resident is $41,601 a year. The US average is $37,638 a year.
- The Median household income of a Monarch (zip 59463) resident is $0 a year. The US average is $69,021 a year.