Hagerman, ID Economy


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United States / Idaho / No Metro Area / Gooding County / Hagerman / Zip Codes
Hagerman, ID is a small city located in the south of Idaho. It is known for its beautiful nature reserves and outdoor activities such as fishing, camping, and hiking. The city has a population of about 1,000 people and offers a peaceful environment with a slower pace of life than bigger cities. Due to its rural location, rental costs are relatively low with a two-bedroom rent for $990 compared to the US average of $1,430. Grocery prices in Hagerman are also lower than national averages with an index score of 92 versus 100 throughout the US. Local companies providing employment opportunities include Hagerman Valley Dairy, Southern Idaho Timber Co., Hagerman Greenhouses & Nursery Inc., and Visions Electronics. With its small-town charm and picturesque landscapes, Hagerman is a great place to live for those who prefer peace and nature over hustle and bustle.

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

Hagerman has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Hagerman
- The Sales Tax Rate for Hagerman is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hagerman 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 Hagerman
- The average income of a Hagerman resident is $14,315 a year. The US average is $28,555 a year.
- The Median household income of a Hagerman resident is $59,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHagerman, IdahoUnited States
  3.86
  -0.6%-6.2%
  32.3%33.5%
  6.0%6.2%
  6.9%4.6%
  $35,945$37,638
  $59,250$69,021
  $76,000$85,028
  Population by Occupation
  10.7%1.2%
  3.1%0.5%
  11.5%6.8%
  4.9%10.0%
  1.6%2.5%
  5.8%11.0%
  4.3%4.8%
  4.3%0.8%
  0.4%1.9%
  0.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  7.2%4.2%
  9.2%9.3%
  5.7%14.0%
  0.0%2.1%
  10.1%7.0%
  2.5%4.8%
  17.9%4.7%
Reviews for Hagerman
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I've been here now having had a home built for our retirement for about 2 years. The people here in general are exceptionally kind. It is wonderful to not even have a  More

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