Paris, Idaho is a small town with an estimated population of 6,827 people. Known for its clean air and peaceful landscape, Paris is a great place to live. The cost of rent for a two-bedroom apartment averages around $800 per month, much lower than the US average of $1,430. Groceries are also cheaper here; the grocery cost index in Paris is 92 in comparison to 100 in the US. Local businesses that contribute to the economy in Paris include Wilco Farm Store, which provides local farmers with feed and supplies. Another popular business is Bih’s True Value Hardware store which supplies local residents with building materials and home improvement tools. Paris also has several restaurants such as Chateau Rouge Steakhouse and Joe’s Pizzeria & Eatery that provide delicious meals for locals and visitors alike.
Paris has an unemployment rate of 3.3%. The US average is 6.0%.
Paris has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Paris
- The Sales Tax Rate for Paris is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Paris 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 Paris
- The average income of a Paris resident is $22,932 a year. The US average is $37,638 a year.
- The Median household income of a Paris resident is $70,909 a year. The US average is $69,021 a year.