Spirit Lake, ID is a small town located in Northern Idaho, approximately 20 miles east of Coeur d'Alene. It is home to a variety of local businesses, including Jesse's Pizza & Subs, Spirit Lake Auto Repair, and The Board Room Ski Shop. Despite its small size, the town has plenty to offer in terms of entertainment and shopping. In addition to the aforementioned businesses, there are also several restaurants and parks in the area.
When it comes to the cost of living in Spirit Lake, ID it is significantly lower than many other places in the United States. For example, rent for a two-bedroom apartment is $1,090 compared to $1,430 nationally. Additionally, according to Numbeo's Cost of Living Index, food costs are 101 versus 100 nationally. This makes Spirit Lake an attractive option for those who are looking for an affordable place to live with plenty of amenities nearby.
Spirit Lake has an unemployment rate of 5.0%. The US average is 6.0%.
Spirit Lake has seen the job market increase by 3.0% 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 Spirit Lake
- The Sales Tax Rate for Spirit Lake is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spirit Lake 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 Spirit Lake
- The average income of a Spirit Lake resident is $17,546 a year. The US average is $28,555 a year.
- The Median household income of a Spirit Lake resident is $54,226 a year. The US average is $69,021 a year.