Mountain Home, Idaho is a small town located in Elmore County. It has a population of roughly 15,000 people. The cost of living in Mountain Home is very affordable compared to other locations throughout the US. The average rent for a two bedroom apartment is usually around $940 per month while the U.S. average for the same dwelling is typically $1,430 per month. Grocery costs index in Mountain Home is 91, which is much lower than the national average of 100. This makes it an ideal destination for those looking to cut down on their cost of living without sacrificing amenities or quality of life. There are many local businesses in Mountain Home that draw travelers from all over Idaho such as Edwards Supermarket, High Country Outfitters, and Blacksheep Bar & Grill. It’s easy to see why so many choose to call Mountain Home home due to its affordability and laid back atmosphere.
Mountain Home has an unemployment rate of 4.3%. The US average is 6.0%.
Mountain Home has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Mountain Home
- The Sales Tax Rate for Mountain Home is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mountain Home 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 Mountain Home
- The average income of a Mountain Home resident is $22,724 a year. The US average is $28,555 a year.
- The Median household income of a Mountain Home resident is $45,652 a year. The US average is $69,021 a year.