Rathdrum, ID Economy


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Rathdrum, ID is a small town located in Kootenai County in Northern Idaho. It is known for its beautiful landscapes, outdoor activities, and friendly people. The cost of living here is relatively low compared to other parts of the country; the average 2 bedroom apartment rents for $1,230 while the national average is $1,430. Food costs are also below the US average with a Grocery Cost Index of 101 versus 100 in the US. Local companies include Timberline Natural Foods Grocery Store, Delta Mechanical Inc., Jacksons Lumber & Hardware Inc., and Rathdrum Family Dental Care Center.
Living in Rathdrum has many advantages such as access to stunning natural scenery and a tight knit community that looks out for one another. It's also a great place to raise a family due to its safe environment and numerous recreational activities. However, some drawbacks include limited career opportunities due to its small size as well as limited access to big city amenities like shopping centers and museums.

Rathdrum has an unemployment rate of 5.0%. The US average is 6.0%.

Rathdrum has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 45.1%, which is higher than the US average of 33.5%.

Tax Rates for Rathdrum
- The Sales Tax Rate for Rathdrum is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rathdrum 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 Rathdrum
- The average income of a Rathdrum resident is $29,019 a year. The US average is $37,638 a year.
- The Median household income of a Rathdrum resident is $67,931 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRathdrum, IdahoUnited States
  56
  -2.0%-6.2%
  45.1%33.5%
  6.0%6.2%
  6.9%4.6%
  $29,019$37,638
  $67,931$69,021
  $72,870$85,028
  Population by Occupation
  0.6%1.2%
  0.6%0.5%
  16.4%6.8%
  12.1%10.0%
  3.9%2.5%
  19.8%11.0%
  3.3%4.8%
  0.0%0.8%
  1.8%1.9%
  3.4%4.7%
  0.9%1.9%
  3.4%7.6%
  0.0%0.1%
  4.8%4.2%
  4.6%9.3%
  10.9%14.0%
  1.7%2.1%
  3.9%7.0%
  6.8%4.8%
  1.2%4.7%
Reviews for Rathdrum
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Over 17 years ago

I've traveled to 109 countries and moved here from Florida three years ago after living in Anacortes, WA; and Marina del Rey, CA. The entire area is beautiful and filled  More

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