New Plymouth, ID Economy


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New Plymouth, ID is a great place to live, work, and play. It is home to several local businesses that offer affordable prices on goods and services. For example, the average 2 bedroom rent in New Plymouth is approximately $1,040 per month, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in New Plymouth is 92 versus 100 in the US. This means that groceries are more affordable for residents of New Plymouth. Local businesses such as Albertsons and Walmart offer competitive prices for food and household items. Other services like gasoline, utilities, and healthcare are also more affordable than in other areas of the country. With all these savings combined, living in New Plymouth can be very cost effective for families and individuals alike.

New Plymouth has an unemployment rate of 4.5%. The US average is 6.0%.

New Plymouth 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 38.1%, which is higher than the US average of 33.5%.

Tax Rates for New Plymouth
- The Sales Tax Rate for New Plymouth is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Plymouth 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 New Plymouth
- The average income of a New Plymouth resident is $16,538 a year. The US average is $28,555 a year.
- The Median household income of a New Plymouth resident is $53,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Plymouth, IdahoUnited States
  4.56
  0.3%-6.2%
  38.1%33.5%
  6.0%6.2%
  6.9%4.6%
  $25,987$37,638
  $53,750$69,021
  $66,587$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  9.8%6.8%
  6.9%10.0%
  1.5%2.5%
  17.9%11.0%
  8.5%4.8%
  0.4%0.8%
  1.9%1.9%
  3.7%4.7%
  0.6%1.9%
  1.6%7.6%
  0.0%0.1%
  4.0%4.2%
  6.9%9.3%
  6.9%14.0%
  0.0%2.1%
  5.1%7.0%
  7.0%4.8%
  15.4%4.7%
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