Sweetwater, ID is a small city located in the northwestern United States. Home to a population of just over 3,300 people, Sweetwater offers peace and quiet to its residents. The city is home to many local businesses including Sweetwater Alternator & Starter, Valley Auto Body & Repair, and M&M Quality Construction Services. In terms of cost of living, Sweetwater is quite affordable. 2 Bedroom Rent in Sweetwater is $1,010 compared to the US 2 Bedroom rental price of $1,430. Additionally, the Grocery Cost Index in Sweetwater is 97 versus 100 in the US which indicates that food costs are cheaper than average here as well. All in all, Sweetwater provides more bang for your buck when it comes to cost of living relative to other cities across the country.
Sweetwater has an unemployment rate of 3.7%. The US average is 6.0%.
Sweetwater has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.
Tax Rates for Sweetwater
- The Sales Tax Rate for Sweetwater is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sweetwater 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 Sweetwater
- The average income of a Sweetwater resident is $22,474 a year. The US average is $28,555 a year.
- The Median household income of a Sweetwater resident is $108,125 a year. The US average is $69,021 a year.