Gooding County, ID Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Idaho / No Metro Area / Gooding County / Cities / Zip Codes
Gooding, ID County is a great place to live. The county has an affordable cost of living with 2 bedroom rent averaging $910 per month compared to the US average of $1,430. Grocery costs are also much lower than the national average, with an index score of 91 versus 100 in the US. Gooding County is home to many local businesses and companies such as Aerojet Rocketdyne, Mountain West Bank, Idaho Central Credit Union and Kraft Warehouse. Apart from these corporate offices there are plenty of locally owned small businesses like restaurants, cafes, and retail stores. Outside of town there is plenty to explore including hiking trails, parks, and open spaces. With its close-knit neighborhoods and affordable cost of living Gooding County is a wonderful place to call home.

Gooding County has an unemployment rate of 3.8%. The US average is 6.0%.

Gooding County has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Gooding County
- The Sales Tax Rate for Gooding County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gooding 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 Gooding County
- The average income of a Gooding County resident is $25,877 a year. The US average is $37,638 a year.
- The Median household income of a Gooding County resident is $56,734 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGooding, IdahoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.