Soda Springs, Idaho is a small town located in Caribou County. The population according to the 2020 census is 2,212. This small community offers a plethora of amenities to its residents and visitors alike, with notable local businesses including D&B Family Foods and Soda Springs Hardware & Supply. Additionally, Soda Springs offers plenty of outdoor activities for all ages such as skiing, fishing, and camping. With affordable rent costs averaging at $830 per month for two bedrooms and a grocery cost index of 91 compared to 100 in the US, Soda Springs is an ideal place for individuals and families looking for an economical living option in Idaho.
Soda Springs has an unemployment rate of 3.6%. The US average is 6.0%.
Soda Springs 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 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Soda Springs
- The Sales Tax Rate for Soda Springs is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Soda Springs 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 Soda Springs
- The average income of a Soda Springs resident is $24,823 a year. The US average is $28,555 a year.
- The Median household income of a Soda Springs resident is $58,400 a year. The US average is $69,021 a year.