Zip 83840 (Kootenai, ID) Economy


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Kootenai, Idaho (83840) is a small town in the northern part of the state. The area is known for its low cost of living and its proximity to outdoor activities. 2 bedroom rent in Kootenai is $950, which is much lower than the US average of $1,430. Plus, grocery costs are 98 on the index compared to the US average of 100. This makes it an attractive option for people looking to live affordably while still having access to amenities like local shops and restaurants. Local companies worth checking out include T&A Interiors, Uncle Tom's Market, Burgess Nursery & Garden Center, and Bloedel Pines Golf Course.

Kootenai (zip 83840) has an unemployment rate of 6.1%. The US average is 6.0%.

Kootenai (zip 83840) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Kootenai (zip 83840)
- The Sales Tax Rate for Kootenai (zip 83840) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kootenai (zip 83840) 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 Kootenai (zip 83840)
- The average income of a Kootenai (zip 83840) resident is $23,751 a year. The US average is $28,555 a year.
- The Median household income of a Kootenai (zip 83840) resident is $68,145 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKootenai, IdahoUnited States
  6.16
  1.6%-6.2%
  41.0%33.5%
  6.0%6.2%
  6.9%4.6%
  $27,788$37,638
  $68,145$69,021
  $73,036$85,028
  Population by Occupation
  0.0%1.2%
  3.3%0.5%
  10.0%6.8%
  19.5%10.0%
  3.5%2.5%
  23.1%11.0%
  2.3%4.8%
  0.0%0.8%
  1.8%1.9%
  0.8%4.7%
  0.0%1.9%
  3.3%7.6%
  0.0%0.1%
  5.3%4.2%
  5.8%9.3%
  8.0%14.0%
  0.0%2.1%
  5.8%7.0%
  5.3%4.8%
  2.5%4.7%
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