Zip 83540 (Lapwai, ID) Economy


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Lapwai, Idaho (Zip Code 83540) is a small city located in Nez Perce County. Home to just over 1,000 people, Lapwai has a strong sense of community and is known for its friendly atmosphere. It is an ideal place for those seeking a quiet rural lifestyle. The cost of living in this area is quite reasonable with 2 bedroom rent coming in at $1,040 compared to the US average of $1,430. Grocery costs are also lower than the national average with an index of 97 compared to 100. The local economy is largely agricultural based with businesses like Lewis-Clark Produce providing quality produce year round and B & W Grain providing feed for livestock. Other local companies include Lapwai Creek Warehouse for storage solutions and Sunnyside Veterinary Clinic for animal care needs. All in all, Lapwai offers both affordability and convenience making it an excellent place to call home.

Lapwai (zip 83540) has an unemployment rate of 3.7%. The US average is 6.0%.

Lapwai (zip 83540) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.

Tax Rates for Lapwai (zip 83540)
- The Sales Tax Rate for Lapwai (zip 83540) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lapwai (zip 83540) 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 Lapwai (zip 83540)
- The average income of a Lapwai (zip 83540) resident is $18,621 a year. The US average is $28,555 a year.
- The Median household income of a Lapwai (zip 83540) resident is $55,819 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLapwai, IdahoUnited States
  3.76
  -2.9%-6.2%
  40.0%33.5%
  6.0%6.2%
  6.9%4.6%
  $19,484$37,638
  $55,819$69,021
  $59,648$85,028
  Population by Occupation
  4.7%1.2%
  0.0%0.5%
  5.4%6.8%
  6.4%10.0%
  0.0%2.5%
  7.9%11.0%
  0.8%4.8%
  2.3%0.8%
  2.2%1.9%
  0.0%4.7%
  2.2%1.9%
  1.1%7.6%
  0.0%0.1%
  0.8%4.2%
  8.3%9.3%
  10.3%14.0%
  15.2%2.1%
  2.1%7.0%
  3.0%4.8%
  27.3%4.7%
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