Idaho Falls, Idaho (83402) is an ideal city for its affordability and job opportunities. The average 2 bedroom rental cost in 83402 Idaho Falls, ID is $840 - considerably lower than the US average of $1,430. The Grocery Cost Index stands at 91 in Idaho Falls, compared to 100 in the US – making groceries more affordable. Major employers include Pacificorp energy company, Melaleuca Inc., and Eastern Idaho Regional Medical Center. In recent years the city has seen a population growth of 4%, which is indicative of people moving to the area for jobs and affordability.
Idaho Falls (zip 83402) has an unemployment rate of 3.4%. The US average is 6.0%.
Idaho Falls (zip 83402) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 43.2%, which is higher than the US average of 33.5%.
Tax Rates for Idaho Falls (zip 83402)
- The Sales Tax Rate for Idaho Falls (zip 83402) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Idaho Falls (zip 83402) 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 Idaho Falls (zip 83402)
- The average income of a Idaho Falls (zip 83402) resident is $29,060 a year. The US average is $37,638 a year.
- The Median household income of a Idaho Falls (zip 83402) resident is $58,301 a year. The US average is $69,021 a year.