Lincoln County, ID Economy


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United States / Idaho / Hailey / Lincoln County / Cities / Zip Codes
Lincoln, ID County is an ideal place to live for those looking for a low-cost lifestyle. The average 2 bedroom rent in the county is $830, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Lincoln, ID County is 91 compared to 100 in the US. This shows that citizens living here are able to save money on everyday items and necessities. In terms of companies, there are several local businesses including Idaho Falls Discount Grocery Store, A-1 Pawn Inc., and Pocatello Roofing Solutions. Overall, Lincoln offers a good balance between affordability and quality of life making it an attractive home for many people.

Lincoln County has an unemployment rate of 5.8%. The US average is 6.0%.

Lincoln County 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 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Lincoln County
- The Sales Tax Rate for Lincoln County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln 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 Lincoln County
- The average income of a Lincoln County resident is $16,328 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln County resident is $55,988 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln, IdahoUnited States
  5.86
  -2.5%-6.2%
  36.3%33.5%
  6.0%6.2%
  6.9%4.6%
  $24,795$37,638
  $55,988$69,021
  $62,396$85,028
  Population by Occupation
  13.8%1.2%
  0.9%0.5%
  14.3%6.8%
  9.6%10.0%
  3.2%2.5%
  7.1%11.0%
  5.1%4.8%
  0.1%0.8%
  1.4%1.9%
  2.3%4.7%
  0.6%1.9%
  1.4%7.6%
  0.0%0.1%
  7.7%4.2%
  8.4%9.3%
  10.2%14.0%
  0.8%2.1%
  4.2%7.0%
  3.5%4.8%
  5.3%4.7%
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