Ketchum, Idaho is a charming city with great quality of life. With stunning views of the Sawtooth Mountains, Ketchum offers plenty of outdoor activities for visitors and residents alike. It’s also home to a plethora of local businesses such as KE2 Therm Solutions, Sun Valley Resort, and Mountain Spirits. The cost of living in Ketchum is higher than the US average; two bedroom rent averages $1,820 compared to $1,430 nationally, and the Grocery Cost Index is 102 versus 100 in the US. However, despite its higher costs, Ketchum remains an attractive place for people looking to enjoy a beautiful mountain town and all it has to offer.
Ketchum has an unemployment rate of 4.3%. The US average is 6.0%.
Ketchum has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Ketchum
- The Sales Tax Rate for Ketchum is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ketchum is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ketchum
- The average income of a Ketchum resident is $52,287 a year. The US average is $37,638 a year.
- The Median household income of a Ketchum resident is $82,168 a year. The US average is $69,021 a year.