Island Park, ID Economy


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Island Park is a small town located in the state of Idaho with a population of around 4,000 people. It is known for its stunning natural beauty and outdoor activities. The average two bedroom rent in Island Park is $1,090 which is much lower than the US average at $1,430. This makes it an ideal place to live for those on a budget. Furthermore, the Grocery Cost Index in Island Park is 93 versus 100 in the US making groceries more affordable as well.
Local businesses in Island Park include Bannock Peak Outdoors which offers outdoor gear and clothing, Idaho Paddlesports which specializes in kayak rentals and sales, and Greys River Valley Store which provides general supplies for locals and visitors alike. Other popular businesses include The Java Joint café and Truck Stop Espresso. With its stunning natural beauty and cost of living advantages over most of the US, Island Park is an attractive option for anyone looking to settle down or vacation.

Island Park has an unemployment rate of 3.6%. The US average is 6.0%.

Island Park 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 45.2%, which is higher than the US average of 33.5%.

Tax Rates for Island Park
- The Sales Tax Rate for Island Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Island Park 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 Island Park
- The average income of a Island Park resident is $28,578 a year. The US average is $28,555 a year.
- The Median household income of a Island Park resident is $47,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIsland Park, IdahoUnited States
  3.66
  0.5%-6.2%
  45.2%33.5%
  6.0%6.2%
  6.9%4.6%
  $29,246$37,638
  $47,917$69,021
  $66,250$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  3.8%6.8%
  0.0%10.0%
  0.0%2.5%
  19.0%11.0%
  3.8%4.8%
  0.0%0.8%
  2.5%1.9%
  1.3%4.7%
  17.7%1.9%
  2.5%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  3.8%14.0%
  17.7%2.1%
  25.3%7.0%
  0.0%4.8%
  0.0%4.7%
Reviews for Island Park
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Love going to Island park in the summer to ride quads and float the river, and in the winter to ride snowmobiles and spend time at the cabin with  More

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