Minidoka, Idaho is a small town with a population of about 1,300 people. The cost of living in Minidoka is relatively affordable. A two bedroom rental unit costs $830 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Minidoka is 90 compared to 100 in the US.
The main industry in Minidoka is agriculture with several local companies that provide many jobs for the residents such as Minidoka County Farm Bureau, Bensons Feed and Grain LLC, Stephens Seed Services Inc., and Magic Valley Propane LLC. Additionally, there are some restaurants in town such as Frontier Town Diner and Gator Jacks Bar and Grill.
Minidoka has an unemployment rate of 3.3%. The US average is 6.0%.
Minidoka has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.
Tax Rates for Minidoka
- The Sales Tax Rate for Minidoka is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Minidoka 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 Minidoka
- The average income of a Minidoka resident is $11,145 a year. The US average is $28,555 a year.
- The Median household income of a Minidoka resident is $34,250 a year. The US average is $69,021 a year.