Rockford, ID is a small town located in the northern part of the state with a population of approximately 1,400 people. Because of its size, Rockford offers more affordable living than larger cities. The average rent for two-bedroom apartments is $840 per month, compared to $1,430 nationwide. Additionally, groceries are cheaper in Rockford as it has an index of 91 compared to 100 in the US.
The city is home to several local businesses such as Big Sky Brewing Co., Montana Machine Works and Northwest Feeders Supply which offer job opportunities to members of the community. In addition to these companies there are many other smaller businesses that help support and sustain the city.
Rockford has an unemployment rate of 3.5%. The US average is 6.0%.
Rockford has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Rockford
- The Sales Tax Rate for Rockford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rockford 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 Rockford
- The average income of a Rockford resident is $18,660 a year. The US average is $28,555 a year.
- The Median household income of a Rockford resident is $50,833 a year. The US average is $69,021 a year.