Belt, Montana (59412) is a small town with a population of approximately 885 people located in Cascade County. The median two-bedroom rent is $920, which is significantly lower than the US average of $1,430. The grocery cost index in Belt is 100 versus the US average of 100, meaning that groceries in this area are not much more expensive than the national average. This makes Belt a great choice for those looking to save on their monthly expenses.
The economy in Belt primarily consists of agricultural activities such as grain farming and ranching as well as oil and gas production. Local businesses include Olson Land & Cattle Co., Smiths Grocery Store, Red Canyon Realty, Bear Paw Ag Services, and J&A Home Improvement LLC. With its low housing costs and overall low cost of living, Belt is an excellent option for those looking for an affordable place to live or retire.
Belt (zip 59412) has an unemployment rate of 4.3%. The US average is 6.0%.
Belt (zip 59412) 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 Belt (zip 59412)
- The Sales Tax Rate for Belt (zip 59412) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Belt (zip 59412) is 6.9%. The US average is 4.6%.
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Income and Salaries for Belt (zip 59412)
- The average income of a Belt (zip 59412) resident is $32,847 a year. The US average is $37,638 a year.
- The Median household income of a Belt (zip 59412) resident is $69,375 a year. The US average is $69,021 a year.