Menan, ID is a small town located in Jefferson county with a population of 879 people. The cost of rent for a two bedroom home in Menan is $990, which is significantly cheaper than the national average of $1,430 for the same type of home. Additionally, Grocery Cost Index in Menan, ID is 91 versus 100 in the US. \nThis low cost of living attracts many to this small town and has developed an economy with local businesses such as Gidney's Grocery Store and Menan Market. The city also offers its residents recreational activities such as visiting Riverside Park or taking a stroll along scenic trails in nearby Hells Canyon National Recreation Area. All these attractions make Menan a great place to call home.
Menan has an unemployment rate of 3.1%. The US average is 6.0%.
Menan has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 43.2%, which is higher than the US average of 33.5%.
Tax Rates for Menan
- The Sales Tax Rate for Menan is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Menan 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 Menan
- The average income of a Menan resident is $19,155 a year. The US average is $28,555 a year.
- The Median household income of a Menan resident is $70,417 a year. The US average is $69,021 a year.