Loring, MT (59537) is located in Glacier County and has an estimated population of 2,503 people. It offers a quiet lifestyle with plenty of outdoor activities to do. The two bedroom rent in Loring is $820 compared to $1,430 the US average. Grocery costs are also much lower, with an index score of 99 compared to 100 for the US as a whole. This makes Loring an attractive option for those looking for a lower cost of living than other parts of the country.
Some local companies that provide services in Loring include Blackfeet Community College, which offers educational courses; ProTech Communications Inc., which provides telephone service; and PPL Montana LLC, which provides electrical power services. All these companies offer competitive rates and quality services to residents or businesses in Loring and surrounding areas.
The cost of living index for Loring is considered low when compared to other cities in the US. There are no large corporations or industries driving prices up, making it very affordable for residents who want to enjoy a rural lifestyle without breaking the bank.
Loring (zip 59537) has an unemployment rate of 5.5%. The US average is 6.0%.
Loring (zip 59537) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 13.8%, which is lower than the US average of 33.5%.
Tax Rates for Loring (zip 59537)
- The Sales Tax Rate for Loring (zip 59537) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Loring (zip 59537) is 6.9%. The US average is 4.6%.
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Income and Salaries for Loring (zip 59537)
- The average income of a Loring (zip 59537) resident is $32,806 a year. The US average is $37,638 a year.
- The Median household income of a Loring (zip 59537) resident is $0 a year. The US average is $69,021 a year.