Moreland, ID is a small town located in the US with a population of around 2,500 people. It is known for its affordable cost of living compared to other parts of the country. The average rent for a two-bedroom apartment in Moreland is only $840 per month, which is significantly lower than the national average of $1,430. Additionally, grocery costs are 91 on the index scale compared to 100 nationally. This makes it easier for residents to save money on their daily expenses. There are several local businesses in Moreland including a clothing store called Lyle's Fashion Outlet, an auto repair shop called Faulks Automotive Service, and a restaurant called The Country Kitchen. These establishments contribute to the economic development of Moreland and provide employment opportunities for its citizens. Moreover, there are several major employers in the area such as the University of Idaho and St. Luke’s Health System that bring stability to the local economy and provide additional job opportunities for people living in this small town.
Moreland has an unemployment rate of 3.5%. The US average is 6.0%.
Moreland has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Moreland
- The Sales Tax Rate for Moreland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Moreland 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 Moreland
- The average income of a Moreland resident is $14,612 a year. The US average is $28,555 a year.
- The Median household income of a Moreland resident is $57,259 a year. The US average is $69,021 a year.