Zip 83311 (Albion, ID) Economy


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Albion, Idaho is a charming small town in the Franklin County. This rural community is home to only 833 people who enjoy the safety and security of small town living. The peaceful atmosphere of Albion lends to its appeal as a great place to live, work, and play. 2 Bedroom rentals in Albion are very affordable at just $870 which is much less than the US average of $1430 per month. Grocery costs in Albion are also lower than the US average with an index score of 92 versus 100 for the US. Local amenities include: Mel’s Drive-In, The Hitching Post Restaurant & Pub, and Dick's Market providing residents with plenty of options for quality food and services. With beautiful views of nearby mountains and a relaxing atmosphere, you will find that Albion has something for everyone!

Albion (zip 83311) has an unemployment rate of 3.1%. The US average is 6.0%.

Albion (zip 83311) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Albion (zip 83311)
- The Sales Tax Rate for Albion (zip 83311) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Albion (zip 83311) 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 Albion (zip 83311)
- The average income of a Albion (zip 83311) resident is $24,055 a year. The US average is $28,555 a year.
- The Median household income of a Albion (zip 83311) resident is $66,786 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlbion, IdahoUnited States
  3.16
  0.7%-6.2%
  35.0%33.5%
  6.0%6.2%
  6.9%4.6%
  $22,953$37,638
  $66,786$69,021
  $68,333$85,028
  Population by Occupation
  10.9%1.2%
  0.0%0.5%
  7.6%6.8%
  5.9%10.0%
  0.7%2.5%
  4.3%11.0%
  5.6%4.8%
  2.3%0.8%
  5.0%1.9%
  1.0%4.7%
  0.7%1.9%
  5.6%7.6%
  0.0%0.1%
  10.2%4.2%
  6.6%9.3%
  4.0%14.0%
  6.9%2.1%
  8.3%7.0%
  10.6%4.8%
  4.0%4.7%
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