Newdale, ID is a small town located in the western part of Idaho. It is home to many local businesses that offer residents a variety of services and products. These include grocery stores such as Smith's Supermarket, Gatorz Grocery, and La Plata Market; restaurants like Newdale Diner, Boomtown Pizza & Pub, and Johnny's Sub Shack; hardware stores such as Newdale Hardware and Graystone Lumber; and other businesses including Nelson's Insurance Agency, Claridge Photography Studio, and Epic Tax Services. Due to its small size, Newdale has some of the lowest rent rates in the country – with an average two bedroom rent coming in at just $820 – as well as cost-of-living indexes well below the US averages.
Newdale has an unemployment rate of 3.6%. The US average is 6.0%.
Newdale has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Newdale
- The Sales Tax Rate for Newdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newdale 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 Newdale
- The average income of a Newdale resident is $14,967 a year. The US average is $28,555 a year.
- The Median household income of a Newdale resident is $71,250 a year. The US average is $69,021 a year.