Ferdinand, ID is a small rural town located in the western part of the state. It boasts a low 2 bedroom rent of $920 compared to the US average of $1430, and also has a lower grocery cost index than the US at 101 versus 100. As a result, it has become an attractive place for people who want to live on a budget but still enjoy the natural beauty and outdoor activities that Idaho has to offer. There are several local companies that provide services in Ferdinand such as Parkview Gardens which offers landscaping and lawn care services; Peart's Hardware which offers home improvement supplies; and Rising Sun Bakery which provides fresh-baked goods daily. All these businesses aim to meet the needs of those who call Ferdinand home or visit for its scenic spots and recreational opportunities.
Ferdinand has an unemployment rate of 6.3%. The US average is 6.0%.
Ferdinand has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Ferdinand
- The Sales Tax Rate for Ferdinand is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ferdinand 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 Ferdinand
- The average income of a Ferdinand resident is $20,409 a year. The US average is $28,555 a year.
- The Median household income of a Ferdinand resident is $44,375 a year. The US average is $69,021 a year.