Bannock County, ID Economy


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United States / Idaho / Pocatello / Bannock County / Cities / Zip Codes
Bannock, ID County is a great place to live and work. Rent for a two bedroom apartment is significantly lower than the US average at just $900 per month. Even better, the grocery cost index in Bannock County is 91 compared to 100 in the US, making groceries more affordable here. There are plenty of local businesses as well, such as the Sportsman's Store which offers hunting supplies and outdoor apparel, Greeting cards & Gifts Express for all your gift giving needs, and Food 4 U Grocery Store for produce and other items.

Bannock County has an unemployment rate of 3.8%. The US average is 6.0%.

Bannock County has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.

Tax Rates for Bannock County
- The Sales Tax Rate for Bannock County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bannock County 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 Bannock County
- The average income of a Bannock County resident is $21,891 a year. The US average is $28,555 a year.
- The Median household income of a Bannock County resident is $56,472 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBannock, IdahoUnited States
  3.86
  -2.1%-6.2%
  33.2%33.5%
  6.0%6.2%
  6.9%4.6%
  $27,544$37,638
  $56,472$69,021
  $73,655$85,028
  Population by Occupation
  1.4%1.2%
  0.3%0.5%
  6.4%6.8%
  8.1%10.0%
  2.5%2.5%
  11.7%11.0%
  4.8%4.8%
  0.9%0.8%
  1.2%1.9%
  5.9%4.7%
  1.7%1.9%
  3.9%7.6%
  0.0%0.1%
  3.4%4.2%
  12.9%9.3%
  15.0%14.0%
  1.5%2.1%
  7.4%7.0%
  5.0%4.8%
  5.9%4.7%
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