Cost of Living in Three Forks
Three Forks' cost of living runs genuinely higher than most other Montana Tier B markets, reflecting real Gallatin Valley/Bozeman-corridor demand this record discloses directly.
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Learn moreHousing runs above the national median and other Montana Tier B markets
Three Forks' cited home prices ($377,500-$594,000 depending on source) run notably above the ~$408,776 national median and above every other Montana Tier B market this research pass covered (base record).
Property tax runs above Gallatin County's own median
Three Forks' own cited 0.93% effective property tax rate runs above Gallatin County's own 0.65% median and above Montana's own 0.74% statewide anchor (base record).
Montana's real 5.65% top income tax rate
Montana's real, current two-bracket income tax (4.7%/5.65% top rate) applies in Three Forks as statewide, with no general statewide sales tax (base record).
A genuinely higher local household income
Three Forks' median household income ($79,784) runs notably higher than this project's other Montana Tier B markets in this research pass, helping offset the higher cost base (base record).
Key takeaways
- Three Forks' housing costs run above the national median and above other Montana Tier B markets, a real Bozeman-corridor effect.
- Three Forks' own 0.93% property tax rate runs above both Gallatin County's and Montana's statewide anchor.
- Montana's 5.65% top income tax rate and no general sales tax both apply statewide.
- A genuinely higher local median household income ($79,784) helps offset Three Forks' elevated cost base.
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