Montana variant. This is a Montana-specific version of the Workers Comp Cost Estimator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Workers Comp Cost Estimator.
Workers' compensation premiums in Montana are priced per $100 of payroll, by job classification. On a $66,341 salary at an illustrative $1.00 rate, the annual premium is about $663.
How Montana workers' comp is priced
Premium = (payroll ÷ 100) × class rate × experience modifier. Clerical roles carry low rates; construction and trucking carry much higher ones.
Montana sets its own rules and rates. The calculator above lets you enter your real payroll, class rate, and mod factor for an accurate Montana estimate.
About taxes and housing in Montana
Montana levies a state income tax with a top marginal rate of roughly 5.9%, but it imposes no general statewide sales tax.
Montana property taxes are relatively low at an effective rate near 0.74%, with median home values around $470,000.
Montana's economy leans on agriculture, ranching, energy, and a growing tourism sector centered on its national parks and public lands.
Worked example: $66,341 payroll
($66,341 ÷ 100) × $1.00 = $663/year at a sample clerical rate. A construction class rate of $8.00 would make it $5,307.
Quick reference
- State income tax: 4.7-5.9% across 2 brackets
- State sales tax: 0% (plus 0.00% avg local)
- Median home value: $470,000
- Median household income: $66,341
- Effective property tax rate: 0.74%
- Avg auto insurance: $1,471/yr
Frequently Asked Questions
How is workers' comp calculated in Montana?
By payroll ÷ 100 × class rate × experience modifier, using Montana's approved rates.
Is workers' comp required in Montana?
Most Montana employers must carry coverage once they have employees; rules vary by industry and headcount.