Fairfield, ID Economy


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Fairfield, ID is a great city for those looking to live in an affordable area with access to necessary amenities. Rent for a two bedroom apartment here is about $890, which is much cheaper than the US average of $1,430. In addition to this, grocery costs in Fairfield are well below the US average - the Grocery Cost Index here is 92 versus 100 in the US. There are plenty of local businesses to choose from in Fairfield including Leavitt's Market, Schmunk's Towing & Repair and Serenity Valley Farmacy. All in all, Fairfield provides residents with an excellent quality of life at an affordable price.

Fairfield has an unemployment rate of 4.8%. The US average is 6.0%.

Fairfield has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Fairfield
- The Sales Tax Rate for Fairfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairfield 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 Fairfield
- The average income of a Fairfield resident is $30,584 a year. The US average is $37,638 a year.
- The Median household income of a Fairfield resident is $40,208 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairfield, IdahoUnited States
  4.86
  -1.7%-6.2%
  40.8%33.5%
  6.0%6.2%
  6.9%4.6%
  $30,584$37,638
  $40,208$69,021
  $68,750$85,028
  Population by Occupation
  0.6%1.2%
  0.6%0.5%
  27.2%6.8%
  3.7%10.0%
  1.9%2.5%
  12.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.6%4.7%
  0.0%1.9%
  3.1%7.6%
  0.0%0.1%
  4.9%4.2%
  11.1%9.3%
  12.3%14.0%
  0.0%2.1%
  14.2%7.0%
  5.6%4.8%
  1.9%4.7%
Reviews for Fairfield
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Over 16 years ago

Quiet, lovely rural environment. Small town life encapsulated. Fairly long winters, temperate summers. About 300 people in the town and only 1,000 in the entire county.  More

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I spent the first thirteen years of my life in this town and let me tell you it is really tiny! Its very beautiful and a wonderful place to visit but I wouldn't  More

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