Zip 59854 (Ovando, MT) Economy


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United States / Montana / No Metro Area / Powell County / Ovando / Ovando (zip 59854)
Ovando, Montana is a small town located in Powell County with a population of just 59854 people. It offers residents a rural atmosphere with plenty of activities to keep them entertained. For those looking for an affordable place to live, Ovando has some of the lowest rental prices in the country with 2 bedroom apartments going for around $1,050 per month. The grocery cost index in Ovando is also below the national average at 104 versus 100 in the US.
Local businesses in Ovando include the Stonefly Grill & Bar which serves up classic Montana cuisine with a twist, Bighorn Outfitters offering guided hunting and fishing services throughout the area, and Blackfoot River Brewing Company which brews its own beer onsite to enjoy with friends. Those who love the outdoors can take advantage of the diverse wildlife by visiting places like Teller Wildlife Refuge or enjoy one of many nearby lakes for swimming and fishing opportunities. Residents can also visit nearby towns such as Helmville or Lincoln for additional attractions such as art galleries, museums, shops, cafes, restaurants and more.

Ovando (zip 59854) has an unemployment rate of 3.6%. The US average is 6.0%.

Ovando (zip 59854) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.

Tax Rates for Ovando (zip 59854)
- The Sales Tax Rate for Ovando (zip 59854) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Ovando (zip 59854) 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 Ovando (zip 59854)
- The average income of a Ovando (zip 59854) resident is $32,534 a year. The US average is $37,638 a year.
- The Median household income of a Ovando (zip 59854) resident is $82,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOvando, MontanaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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