Zip 83858 (Rathdrum, ID) Economy


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Rathdrum, Idaho is a small town located in Kootenai County with a population of 8,385. It is close to Spokane, Washington which makes it an attractive option for those looking to live close to the city but enjoy the peacefulness of a small town. The average two-bedroom rent in Rathdrum is $1,250 per month, which is slightly below the US average of $1,430 per month. Groceries are also slightly cheaper here than in other parts of the country; the Grocery Cost Index in Rathdrum is 101 versus 100 in the US.
There are plenty of businesses that call Rathdrum home, including Keystone Creations Auto Repair and Valley Wide Real Estate. Shopping opportunities abound at nearby stores like Walmart and Home Depot and local services such as banking and healthcare can be found at institutions like Bank of America and Kootenai Health. These businesses have all helped make life in Rathdrum comfortable and convenient for its residents.

Rathdrum (zip 83858) has an unemployment rate of 5.0%. The US average is 6.0%.

Rathdrum (zip 83858) 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 Rathdrum (zip 83858)
- The Sales Tax Rate for Rathdrum (zip 83858) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rathdrum (zip 83858) 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 Rathdrum (zip 83858)
- The average income of a Rathdrum (zip 83858) resident is $21,562 a year. The US average is $28,555 a year.
- The Median household income of a Rathdrum (zip 83858) resident is $78,104 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRathdrum, IdahoUnited States
  56
  -2.0%-6.2%
  45.1%33.5%
  6.0%6.2%
  6.9%4.6%
  $34,901$37,638
  $78,104$69,021
  $80,840$85,028
  Population by Occupation
  1.4%1.2%
  0.6%0.5%
  15.8%6.8%
  12.2%10.0%
  4.4%2.5%
  17.7%11.0%
  3.1%4.8%
  0.9%0.8%
  0.9%1.9%
  3.0%4.7%
  1.1%1.9%
  4.1%7.6%
  0.0%0.1%
  3.5%4.2%
  7.6%9.3%
  8.4%14.0%
  0.9%2.1%
  4.5%7.0%
  6.7%4.8%
  3.2%4.7%
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