Meridian, Idaho is a great place to live and work. Located just west of Boise, it offers attractive housing prices and cost of living. For example, the average 2 Bedroom rent in Meridian is slightly lower than the national median at $1,520 versus $1,430. Grocery costs are also relatively low – The Grocery Cost Index in Meridian is 94 compared to 100 in the US. Prospective residents will find plenty of opportunities for employment in the area. Notable companies include St. Luke’s Health System, HP Inc., Micron Technology Inc., Clearwater Analytics, and Explore Learning LLC. There are also many smaller businesses that contribute to the local economy such as restaurants, shops, and small service businesses.
Meridian has an unemployment rate of 3.4%. The US average is 6.0%.
Meridian has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 57.5%, which is higher than the US average of 33.5%.
Tax Rates for Meridian
- The Sales Tax Rate for Meridian is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Meridian 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 Meridian
- The average income of a Meridian resident is $26,738 a year. The US average is $28,555 a year.
- The Median household income of a Meridian resident is $85,201 a year. The US average is $69,021 a year.