Carey, ID Economy


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Carey, Idaho is a small town located in Blaine County and has a population of around 200 people. It is conveniently located near the Sun Valley Airport and close to many outdoor activities like skiing at the nearby Soldier Mountain Ski Area. The town offers an affordable cost of living with 2 bedroom rents averaging around $1,230 per month compared to the US average at $1,430. On top of this, grocery costs are generally lower than other places in the county with their Index being 90 versus 100 in the US.
The local economy in Carey is mainly composed of small businesses specialising in ranching and farming such as Irvin Farms, B-B Cattle Company and McCall Dairy Farm. There are also some local shops such as Super Market Grocery for general goods and amenities.

Carey has an unemployment rate of 4.3%. The US average is 6.0%.

Carey has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Carey
- The Sales Tax Rate for Carey is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Carey 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 Carey
- The average income of a Carey resident is $18,795 a year. The US average is $37,638 a year.
- The Median household income of a Carey resident is $42,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarey, IdahoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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