Winchester, ID Economy


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United States / Idaho / No Metro Area / Lewis County / Winchester / Zip Codes
Winchester, ID is a small city located in Bonneville County with an estimated population of 2,071. The cost of living in Winchester is generally lower than the US average, as evidenced by the 2 bedroom rent of $820 compared to the US average of $1,430 and the grocery cost index of 99 versus 100. Some local companies include The Pines Home Health Care and Winchester Motors. Other businesses such as restaurants, shopping malls, and many other services are also available to locals.

Winchester has an unemployment rate of 6.6%. The US average is 6.0%.

Winchester has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Winchester
- The Sales Tax Rate for Winchester is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Winchester 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 Winchester
- The average income of a Winchester resident is $27,246 a year. The US average is $37,638 a year.
- The Median household income of a Winchester resident is $42,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWinchester, IdahoUnited States
  6.66
  -0.5%-6.2%
  27.6%33.5%
  6.0%6.2%
  6.9%4.6%
  $27,246$37,638
  $42,813$69,021
  $61,250$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  8.7%6.8%
  7.6%10.0%
  0.0%2.5%
  7.6%11.0%
  9.8%4.8%
  0.0%0.8%
  3.3%1.9%
  3.3%4.7%
  0.0%1.9%
  2.2%7.6%
  0.0%0.1%
  3.3%4.2%
  4.3%9.3%
  25.0%14.0%
  4.3%2.1%
  1.1%7.0%
  4.3%4.8%
  10.9%4.7%
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