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Drummond, ID Economy
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United States
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Idaho
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Rexburg Metro Area
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Fremont County
/ Drummond /
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Drummond, ID is a small town located in the northwest of the United States. It is known for its affordable rent and low cost of living which has attracted many residents to move here. The two bedroom rent in Drummond is only $840 compared to the national average of $1,430. This makes it an ideal place to live for those on a budget. Additionally, the Grocery Cost Index in Drummond is 91 compared to 100 in the US overall, making groceries more affordable than most other places.
Local companies in Drummond include Old West Hardware, Smiths Auto Parts, and Shafers Brewing Company. Old West Hardware provides quality hardware services and products at competitive prices while Smiths Auto Parts offer automotive parts and repair services. Shafers Brewing Company offers freshly brewed beer made from all natural ingredients sourced locally. All three businesses are popular with local residents and provide quality service within the community.
Income by Population Percent
Economy
Drummond, Idaho
United States
Unemployment Rate
3.6
6
Recent Job Growth
0.5%
-6.2%
Future Job Growth
45.2%
33.5%
Sales Taxes
6.0%
6.2%
Income Tax
6.9%
4.6%
Income per Cap.
37638
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