Bloomington, ID is a small town in the heart of Idaho. It has a population just shy of 1,000 people and is known for its quaint charm which attracts many visitors each year. The 2 bedroom rent in Bloomington is much lower than the US average, making it an affordable place to live or visit. Prices for groceries and other everyday items are also lower than the national average, according to the Grocery Cost Index. There are several local businesses in Bloomington such as Manor Market grocery store, Butcher Block Steaks & Seafood restaurant, and Bauman's Auto Repair shop. For entertainment options there is a public library as well as multiple parks and outdoor recreation areas nearby. All in all, Bloomington makes for a great destination with plenty of amenities that make it worth visiting or living in!
Bloomington has an unemployment rate of 3.3%. The US average is 6.0%.
Bloomington has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Bloomington
- The Sales Tax Rate for Bloomington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bloomington 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 Bloomington
- The average income of a Bloomington resident is $16,606 a year. The US average is $28,555 a year.
- The Median household income of a Bloomington resident is $69,688 a year. The US average is $69,021 a year.