Onaway, ID is a small city located in the northern part of Idaho. It has a population of about 1,700 people and is known for its rural charm. The cost of living in Onaway is relatively low, with a two bedroom rent at $890 per month compared to the national average of $1,430. The grocery cost index also reflects this, with an index value of 98 in Onaway versus 100 nationally. There are several local companies that operate in Onaway such as Agriculture Development Corporation, Bartlett's Garage, and J&J Construction Services LLC. These companies offer employment opportunities to locals and opportunities for residents to save money on their overall cost of living. Overall, Onaway offers an attractive balance between rural beauty and affordability for those looking to live there.
Onaway has an unemployment rate of 3.7%. The US average is 6.0%.
Onaway has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Onaway
- The Sales Tax Rate for Onaway is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Onaway 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 Onaway
- The average income of a Onaway resident is $42,382 a year. The US average is $37,638 a year.
- The Median household income of a Onaway resident is $0 a year. The US average is $69,021 a year.