Zip 59762 (Wise River, MT) Economy


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United States / Montana / No Metro Area / Beaverhead County / Wise River / Wise River (zip 59762)
59762 Wise River, MT is a small rural town located in Beaverhead County. It is known for its breathtaking views of the surrounding mountains and forests, as well as its unique local businesses. The cost of 2 bedroom rent in the area is significantly lower than the US average at only $740 per month. Additionally, grocery cost index in the town is close to 5 percent higher than compared to the national average. Popular local businesses include Paradise Valley Outfitters, which offers guided hunting trips and fishing trips in the nearby wilderness areas; Wise River Mercantile, which specializes in outdoor equipment such as tents and backpacks; and Big Hole Brewing Company, a craft beer microbrewery specializing in IPAs and lagers.

Wise River (zip 59762) has an unemployment rate of 3.5%. The US average is 6.0%.

Wise River (zip 59762) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Wise River (zip 59762)
- The Sales Tax Rate for Wise River (zip 59762) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Wise River (zip 59762) 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 Wise River (zip 59762)
- The average income of a Wise River (zip 59762) resident is $34,305 a year. The US average is $28,555 a year.
- The Median household income of a Wise River (zip 59762) resident is $50,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWise River, MontanaUnited States
  3.56
  -2.6%-6.2%
  29.5%33.5%
  0.0%6.2%
  6.9%4.6%
  $36,716$37,638
  $50,938$69,021
  $70,000$85,028
  Population by Occupation
  10.2%1.2%
  0.0%0.5%
  8.5%6.8%
  3.4%10.0%
  1.7%2.5%
  8.5%11.0%
  0.0%4.8%
  0.0%0.8%
  5.1%1.9%
  8.5%4.7%
  0.0%1.9%
  11.9%7.6%
  0.0%0.1%
  5.1%4.2%
  3.4%9.3%
  16.9%14.0%
  5.1%2.1%
  8.5%7.0%
  3.4%4.8%
  0.0%4.7%
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