Is Cut Bank, Montana a Good Place To Live? - Living In Cut Bank, MT
Is Cut Bank, Montana a good place to live?
Cut Bank is a city in Montana state in USA with a population of 3058 residents..
The poverty rate of Cut Bank is 27.8%, which is 99% higher than national average.
The typical household in Cut Bank earns $39722 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 64.3% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Cut Bank, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cut Bank remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cut Bank, only 21% of adults have a bachelor's degree and 35% have some college but no degree.
Cost of living in Cut Bank is 0, which is 100% lower than national average. Median home value in Cut Bank is $108100 , which is 53% lower than national average. While median income in Cut Bank remained $39722, which is 41% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Cut Bank, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cut Bank remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cut Bank, only 21% of adults have a bachelor's degree and 35% have some college but no degree.
Cost of living in Cut Bank is 0, which is 100% lower than national average. Median home value in Cut Bank is $108100 , which is 53% lower than national average. While median income in Cut Bank remained $39722, which is 41% lower than national average.
Population
3058
Unemployment
3.9%
Poverty
27.8%
Overall Score
5
Median Home Cost
$108100
53%
NAT AVG.
Median Income
$39722
41%
NAT AVG.
Median Rent
$588
49%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 26
People Earning < $10,000
1 in 12
People Earning < $50,000
64.3%
People with <= High School
1 in 2.3
People With Any Degree
1 in 2.9
Pros & Cons Overview
Jobs60%
Housing40%
Affordability80%
Safety30%
Amenities80%
Diversity85%
Education70%
Commute100%
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