Zip 83223 (Bloomington, ID) Economy


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United States / Idaho / No Metro Area / Bear Lake County / Bloomington / Bloomington (zip 83223)
Bloomington, Idaho (83223) is a small city situated in the state of Idaho near Boise. The average two bedroom rent for this area is $1,150 which is significantly lower than the national average of $1,430. The grocery cost index in Bloomington is 92 compared to the US average of 100. This indicates food prices are slightly lower in Bloomington than across the US.
There are many local companies that make up the economy of Bloomington such as Bob’s Construction, Green Meadow Grocery Store and Weave Hair Salon. These businesses provide goods and services to citizens as well as act as employers for residents of Bloomington. With its low rental costs and grocery cost index, it makes an ideal place to live while being close to the larger city of Boise.

Bloomington (zip 83223) has an unemployment rate of 3.3%. The US average is 6.0%.

Bloomington (zip 83223) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Bloomington (zip 83223)
- The Sales Tax Rate for Bloomington (zip 83223) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bloomington (zip 83223) 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 Bloomington (zip 83223)
- The average income of a Bloomington (zip 83223) resident is $19,050 a year. The US average is $28,555 a year.
- The Median household income of a Bloomington (zip 83223) resident is $69,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBloomington, IdahoUnited States
  3.36
  2.2%-6.2%
  31.6%33.5%
  6.0%6.2%
  6.9%4.6%
  $34,862$37,638
  $69,688$69,021
  $79,000$85,028
  Population by Occupation
  7.4%1.2%
  4.2%0.5%
  4.2%6.8%
  3.2%10.0%
  0.0%2.5%
  32.6%11.0%
  3.2%4.8%
  0.0%0.8%
  0.0%1.9%
  4.2%4.7%
  2.1%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.2%9.3%
  14.7%14.0%
  3.2%2.1%
  11.6%7.0%
  0.0%4.8%
  6.3%4.7%
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