Kootenai, ID is an affordable place to live and work. The average rent for a two-bedroom apartment is significantly lower than the US average at $1,040 versus $1,430. Grocery costs are also lower, with a grocery cost index of 100 in Kootenai compared to 100 in the US. These low living costs make Kootenai an attractive market for businesses. Companies such as local supermarkets, real estate agencies, and restaurants can benefit from the low cost of living and potentially find success in Kootenai.
Kootenai has an unemployment rate of 6.1%. The US average is 6.0%.
Kootenai has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Kootenai
- The Sales Tax Rate for Kootenai is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kootenai 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 Kootenai
- The average income of a Kootenai resident is $19,987 a year. The US average is $28,555 a year.
- The Median household income of a Kootenai resident is $69,032 a year. The US average is $69,021 a year.