Zip 83301 (Twin Falls, ID) Economy


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The city of Twin Falls, Idaho (83301) is a beautiful place to live in. With its scenic views, quaint downtown shopping centers, and close proximity to the Snake River Canyon, it's a great choice for many people. The average 2 Bedroom Rent in 83301 Twin Falls is $1,040 compared to the US average of $1,430. This makes it an extremely affordable place to live. Additionally, the Grocery Cost Index in 83301 Twin Falls is 91 versus 100 in the US which means groceries are cheaper here than most other places in America.
Twin Falls has several well-known businesses including Chobani Yogurt Factory as well as Magic Valley Mall and Town Square Mall for shopping needs. In addition to these larger companies, Twin Falls has plenty of smaller businesses who have taken advantage of the lower cost of living by setting up shop here. Overall, 83301 Twin Falls offers an unbeatable combination of affordability and quality of life that make it an attractive destination for families and individuals alike.

Twin Falls (zip 83301) has an unemployment rate of 4.3%. The US average is 6.0%.

Twin Falls (zip 83301) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.

Tax Rates for Twin Falls (zip 83301)
- The Sales Tax Rate for Twin Falls (zip 83301) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Twin Falls (zip 83301) 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 Twin Falls (zip 83301)
- The average income of a Twin Falls (zip 83301) resident is $21,275 a year. The US average is $28,555 a year.
- The Median household income of a Twin Falls (zip 83301) resident is $55,356 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTwin Falls, IdahoUnited States
  4.36
  -2.5%-6.2%
  41.8%33.5%
  6.0%6.2%
  6.9%4.6%
  $28,752$37,638
  $55,356$69,021
  $64,868$85,028
  Population by Occupation
  4.7%1.2%
  0.1%0.5%
  6.5%6.8%
  13.6%10.0%
  2.2%2.5%
  14.8%11.0%
  4.4%4.8%
  0.9%0.8%
  1.4%1.9%
  3.3%4.7%
  1.2%1.9%
  3.6%7.6%
  0.0%0.1%
  3.9%4.2%
  8.4%9.3%
  15.7%14.0%
  1.1%2.1%
  6.8%7.0%
  3.4%4.8%
  4.1%4.7%
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