Inkom, ID is a small city located in Idaho. It's known for its low cost of living, with two bedroom rents at $1,010 compared to the US average of $1,430. Grocery costs can also be significantly lower in Inkom; the Grocery Cost Index is 92 versus 100 in the US. The affordability makes it attractive for those who are looking to live on a budget.
Inkom is home to several local businesses such as Smith’s Delivery Service, Dairy Queen Grill & Chill, and Hartmann Logging, Inc. These local companies help create and sustain jobs for the citizens of Inkom and are great resources for the community. In addition to these local stores, there are many other services available such as banks and schools.
Living in Inkom is a great option if you're trying to save money but still want access to plenty of amenities. Its low cost of living combined with its proximity to larger cities like Boise make it an ideal location for anyone looking for a high quality life without breaking the bank.
Inkom has an unemployment rate of 3.8%. The US average is 6.0%.
Inkom has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Inkom
- The Sales Tax Rate for Inkom is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Inkom 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 Inkom
- The average income of a Inkom resident is $23,127 a year. The US average is $37,638 a year.
- The Median household income of a Inkom resident is $66,818 a year. The US average is $69,021 a year.