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Laurel
Laurel
Montana
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Laurel is a city in Yellowstone County, Montana, United States. It is the third largest community in the Billings Metropolitan Statistical Area, and is located in the Yellowstone Valley, as an east-west terminal division point of the Burlington-Northern Railroad. The population was 6,781 at the 2010 census. Both Interstate 90 and a number of local railroads run through Laurel. It is most known for its industry and agriculture, but also has a historic shopping district. Laurel is home to a Cenex Harvest States oil refinery and Montana Rail Link's Laurel Yard, the largest rail yard between St. Paul, Minnesota and Pasco, Washington.

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Taxes

C

How did Montana earn the grade of C? We examined the state taxes based on how age friendly they are. Montana has a state sales tax of 0.00%. Of particular interest is that Montana does have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Montana has an effective property tax rate of 0.85%. Weighing these taxes and other taxes most likely to impact the aging population is how Montana earned its state tax grade of C.

Learn more about taxes in Montana

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