Oakley, ID Economy


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Oakley, ID is a small town located in the Idaho panhandle. It has a population of roughly 1,000 people, making it an ideal place for those looking to escape the hustle and bustle of city life. Residents enjoy access to local outdoor recreational activities, as well as amenities like schools, shops, restaurants, and healthcare services. The cost of living is also reasonably low compared to other parts of the US; rent for a two-bedroom apartment in Oakley is only $830 on average, while US 2 bedroom rents are around $1,430. The Grocery Cost Index for Oakley is 92 versus 100 across the US. Local companies in Oakley include Yost Construction Co., Nampa-Caldwell Farm Bureau Insurance Agency and RE/MAX Country Real Estate & Auctions.

Oakley has an unemployment rate of 3.1%. The US average is 6.0%.

Oakley has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Oakley
- The Sales Tax Rate for Oakley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oakley 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 Oakley
- The average income of a Oakley resident is $24,651 a year. The US average is $37,638 a year.
- The Median household income of a Oakley resident is $67,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOakley, IdahoUnited States
  3.16
  0.7%-6.2%
  35.0%33.5%
  6.0%6.2%
  6.9%4.6%
  $24,651$37,638
  $67,000$69,021
  $71,250$85,028
  Population by Occupation
  9.1%1.2%
  0.8%0.5%
  7.8%6.8%
  23.9%10.0%
  0.8%2.5%
  11.9%11.0%
  2.1%4.8%
  3.3%0.8%
  3.7%1.9%
  0.0%4.7%
  0.0%1.9%
  2.9%7.6%
  0.0%0.1%
  4.1%4.2%
  12.8%9.3%
  7.4%14.0%
  1.6%2.1%
  2.5%7.0%
  4.9%4.8%
  0.4%4.7%
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