Payette, ID is a small city in the Gem State with a population of 7,944. It's known for its moderate climate and access to outdoor recreation. Rental prices in Payette are significantly lower than the US average for 2 bedroom apartments which come in at $940 compared to $1,430 nationally. Grocery costs are also more affordable than most places with Payette’s Cost Index rating of 90 versus 100 in the US. Local companies that call Payette home include TJ Transport & Trucking LLC, Kayley Smith Photography, and Coyote Creek Ranch. All three have established themselves as staples of the local economy and have been serving the area for years.
Payette has an unemployment rate of 4.5%. The US average is 6.0%.
Payette has seen the job market increase by 0.3% 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 Payette
- The Sales Tax Rate for Payette is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Payette 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 Payette
- The average income of a Payette resident is $23,413 a year. The US average is $37,638 a year.
- The Median household income of a Payette resident is $49,683 a year. The US average is $69,021 a year.