Sheridan, MT (zip code 59749) is a small town located in the state of Montana with an estimated population of only 293 people. Despite its small size, Sheridan offers a variety of amenities for residents and visitors alike. The average 2 bedroom rent cost is $1,000 per month, which is cheaper than the US average of $1,430. Furthermore, grocery costs in Sheridan are also lower than the national average with a Grocery Cost Index score of 99 compared to 100 in the US.
Sheridan's main industry is agriculture – many families have operated farms in the area for generations. This sector provides jobs and contributes to local economic growth through agro-tourism initiatives such as farm tours and pick-your-own experiences. In addition to agriculture, Sheridan also has several small businesses that offer goods and services to residents such as hardware stores, restaurants/bars, general stores, auto repair shops, tax preparation services and therapeutic massage clinics. These businesses help create jobs for members of the community while providing quality products and services that are essential to everyday life in Sheridan.
Sheridan (zip 59749) has an unemployment rate of 3.9%. The US average is 6.0%.
Sheridan (zip 59749) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Sheridan (zip 59749)
- The Sales Tax Rate for Sheridan (zip 59749) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Sheridan (zip 59749) 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 Sheridan (zip 59749)
- The average income of a Sheridan (zip 59749) resident is $26,419 a year. The US average is $28,555 a year.
- The Median household income of a Sheridan (zip 59749) resident is $67,422 a year. The US average is $69,021 a year.