Bear Lake, ID County is a great place to live with affordable housing and groceries. The average 2 Bedroom rent in Bear Lake is $830, which is nearly half the US average of $1,430. Moreover, the Grocery Cost Index in Bear Lake is 92 compared to 100 in the US; suggesting that groceries are more economical in Bear Lake. There are many local businesses in Bear Lake such as Blue Valley Market, Ponderosa Storage and D&K Tire Center. All these factors make Bear Lake an ideal place to settle down for those looking for an affordable cost of living.
Bear Lake County has an unemployment rate of 3.3%. The US average is 6.0%.
Bear Lake County has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Bear Lake County
- The Sales Tax Rate for Bear Lake County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bear Lake County 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 Bear Lake County
- The average income of a Bear Lake County resident is $27,793 a year. The US average is $37,638 a year.
- The Median household income of a Bear Lake County resident is $60,337 a year. The US average is $69,021 a year.