83234 Downey, ID is a small town located in Bannock County, on the border between Idaho and Utah. The cost of living in Downey is very affordable with a two-bedroom rent being around $1,030 compared to the US two bedroom rent at $1,430. The Grocery Cost Index in 83234 Downey is 89 compared to the US which is 100.
The small community of 83234 Downey is home to several local businesses such as the Wind River Brewing Company and Pizza Hut. Other businesses include Mama's Bakery & Cafe, a grocery store called John’s Groceries, Bank of Idaho and several gas stations. There are plenty of opportunities for residents to start their own business or find employment with one of these local establishments.
Downey (zip 83234) has an unemployment rate of 3.8%. The US average is 6.0%.
Downey (zip 83234) has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Downey (zip 83234)
- The Sales Tax Rate for Downey (zip 83234) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Downey (zip 83234) 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 Downey (zip 83234)
- The average income of a Downey (zip 83234) resident is $23,659 a year. The US average is $37,638 a year.
- The Median household income of a Downey (zip 83234) resident is $42,273 a year. The US average is $69,021 a year.