Zip 83832 (Genesee, ID) Economy


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Genesee, ID is a small town located in Gem County, Idaho with a population of 83832. This town offers the benefit of rural living combined with nearby city conveniences. The cost of living in Genesee is quite low compared to the rest of the US; two bedroom rent are on average $1,100 dollars, while it is $1,430 across the US. Additionally, the grocery cost index in Genesee here is 99 versus 100 in the US.
There are several local companies that serve Genesee and its surrounding areas. J&M Grain Co Inc., Apple Valley Warehouse & Storage LLC and Stethens Drilling are just a few examples. J&M Grain Co Inc provides storage and drying services for grains and other farm products while Apple Valley Warehouse & Storage LLC offers climate controlled storage solutions for both long-term and short-term needs. Lastly, Stethens Drilling specializes in water well drilling that helps meet people's draining needs in Gem County.

Genesee (zip 83832) has an unemployment rate of 3.7%. The US average is 6.0%.

Genesee (zip 83832) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Genesee (zip 83832)
- The Sales Tax Rate for Genesee (zip 83832) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Genesee (zip 83832) 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 Genesee (zip 83832)
- The average income of a Genesee (zip 83832) resident is $27,309 a year. The US average is $28,555 a year.
- The Median household income of a Genesee (zip 83832) resident is $78,507 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGenesee, IdahoUnited States
  3.76
  -5.5%-6.2%
  37.6%33.5%
  6.0%6.2%
  6.9%4.6%
  $36,826$37,638
  $78,507$69,021
  $82,500$85,028
  Population by Occupation
  10.4%1.2%
  0.3%0.5%
  6.1%6.8%
  5.4%10.0%
  3.7%2.5%
  11.0%11.0%
  4.2%4.8%
  0.9%0.8%
  0.0%1.9%
  7.8%4.7%
  0.5%1.9%
  6.0%7.6%
  0.0%0.1%
  1.7%4.2%
  16.2%9.3%
  11.4%14.0%
  0.7%2.1%
  3.3%7.0%
  3.1%4.8%
  7.2%4.7%
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