Malad City, ID is a peaceful and beautiful city located in the western part of the state. It is known for its low cost of living, with two-bedroom rent being $930 compared to the US average of $1,430. Additionally, groceries are also much cheaper than the national average; Malad City's grocery cost index is 91 versus 100 in the US.
The city has many attractions like Deadman Gulch Park which offers camping and hiking trails as well as a beautiful lake. Another popular attraction is Artesian Hot Springs, which features hot springs and a great place to relax and unwind. The historic Malad Butte overlooks the city and provides a stunning view of the surrounding landscape.
Malad City also boasts a strong business community with establishments ranging from local restaurants offering delicious food to shops selling unique products. There are many popular companies that have established headquarters here including Teleram Technologies, Cashmere Valley Bank, Sysco Foods, JCPenney Warehouse, and more. With plenty of activities and businesses to explore, Malad City is an ideal destination for those looking for an affordable yet enjoyable place to live.
Malad City has an unemployment rate of 3.5%. The US average is 6.0%.
Malad City has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.5%, which is higher than the US average of 33.5%.
Tax Rates for Malad City
- The Sales Tax Rate for Malad City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Malad City 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 Malad City
- The average income of a Malad City resident is $19,429 a year. The US average is $28,555 a year.
- The Median household income of a Malad City resident is $67,667 a year. The US average is $69,021 a year.