What Is A Good Salary For A Single Person In Montana?

$36,001 is the 25th percentile. Salaries below this are outliers. $59,840 is the 75th percentile.

What is a livable salary in Montana?

Living Wage Calculation for Missoula County, Montana

How much does the average person make in Montana?

In 2021, the average annual pay of employees in Montana totaled to 51,322 U.S. dollars. This is an increase from 2001 levels, when this value stood at 25,195 U.S. dollars.

What is a good salary for a single?

This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.

What is a livable salary in the US for a single person?

The living wage for an individual is $19.91 an hour, or $41,416 a year. Of that, over $16,000 will be spent on housing alone. The living wage for a family of four is $29.19 an hour, or $121,414 a year, the nation’s highest.

Is there a lot of work in Montana?

Montana’s labor force participation is relatively high. Nearly 80 percent of prime-age workers in Bozeman, Billings, Missoula and Helena are employed. Each of these areas ranks in the top 10 percent of metro- or micro-areas. As such, Montana’s ability to grow a workforce through greater participation is limited.

What are the main jobs in Montana?

What Are the Most Popular Jobs in Montana?

• Office and Administrative Support Occupations with 67,620 employed.
• Sales and Related Occupations 49,960 employed.
• Food Preparation and Serving Related Occupation 46,030 employed.
• Healthcare Practitioners and Technical Occupations 29,340 employed.

What is middle class in Montana?

An curved arrow pointing right. The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.

What is upper class in Montana?

$37,460 is the 25th percentile. Salaries below this are outliers. $65,191 is the 75th percentile.

Is it cheaper to live in Montana or Texas?

Texas is 0.4% more expensive than Montana.

What is a decent salary in 2022?

Having more disposable income will bring the family an upper-middle-class position, which means an increase to about $150,000 annual salary. A salary of $200,000 and more is a very good income for a family of four and can be achieved by both parents working. Generally, salaries in the US range significantly.

What is a comfortable wage?

This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. The median necessary living wage across the entire US is $67,690.

Can you live off 40k a year?

The median income for individuals in the United States is $33,706 as of 2018. This means that at $40,000, you’re making more money than over half of Americans, which might suggest that $40,000 is plenty to live comfortably.

What salary is upper class?

In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.

Can you live on 2000 a month?

Living on $2,000 a month is possible, and we were not the only ones to ever do it! Our budget isn’t nearly as tight now, but living with less taught us so much about how to live frugally and make the most of what we had.

What is considered to be a high income?

According to a 2018 report from the Pew Research Center, 19% of American adults live in “upper-income households.” The median income of that group was $187,872 in 2016. Pew defines the upper class as adults whose annual household income is more than double the national median.

What jobs pay the most in Montana?

Detailed List Of Highest Paying Jobs In Montana

How do people earn a living in Montana?

Montanans tend to be an active bunch. Being an outdoor enthusiast is the norm here. Of course, many Montanans work outside, as ranchers, farmers or in the oil industry. But even those with office jobs jump at the chance to get outside for hiking, camping, fishing, hunting, canoeing and more.

Where are the most jobs in Montana?

Otherwise, learn how these cities moved up the career ladder.

1. Fairview. Population: 913 Unemployment Rate: 2.60%
2. Bozeman. Population: 37,619Unemployment Rate: 3.10%
3. Sidney. Population: 5,360Unemployment Rate: 2.60%
4. Glasgow. Population: 3,268Unemployment Rate: 3.30%
5. Churchill.
6. Manhattan.
7. Glendive.
8. Belgrade.

What is the cheapest area to live in Montana?

The cheapest places to live in Montana are in Colstrip and Wolf Point. These are two of the eight towns in Montana that offer low gasoline, grocery, and housing prices.

What is considered low income Montana?

Compare Jurisdictions