Zip 83246 (Lava Hot Springs, ID) Economy


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83246 Lava Hot Springs, ID is an idyllic area filled with natural hot springs and outdoor activities. The cost of living in this area is relatively low; 2 Bedroom Rent is $900 compared to the US average of $1,430, and Grocery Cost Index is 91 versus 100 in the US. This makes Lava Hot Springs an attractive option for people looking for a place to rent.
Renters interested in the area can check out local companies like Sawtooth Realty or Real Estate Hub Boise for rental prices and availability. These two companies provide quality services at competitive rates that are tailored to meet renters’ needs. Additionally, they are experienced in navigating the local real estate market and can help renters find the best deal possible.
Moreover, living in Lava Hot Springs has other benefits such as its proximity to nature which provides plenty of opportunities for outdoor activities like hiking, camping and fishing. With all these advantages combined, it certainly pays off to rent in this area!

Lava Hot Springs (zip 83246) has an unemployment rate of 3.8%. The US average is 6.0%.

Lava Hot Springs (zip 83246) has seen the job market increase by 2.8% 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 Lava Hot Springs (zip 83246)
- The Sales Tax Rate for Lava Hot Springs (zip 83246) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lava Hot Springs (zip 83246) 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 Lava Hot Springs (zip 83246)
- The average income of a Lava Hot Springs (zip 83246) resident is $40,647 a year. The US average is $37,638 a year.
- The Median household income of a Lava Hot Springs (zip 83246) resident is $88,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLava Hot Springs, IdahoUnited States
  3.86
  -2.1%-6.2%
  33.2%33.5%
  6.0%6.2%
  6.9%4.6%
  $40,647$37,638
  $88,313$69,021
  $101,591$85,028
  Population by Occupation
  10.2%1.2%
  5.9%0.5%
  10.8%6.8%
  9.8%10.0%
  1.4%2.5%
  7.8%11.0%
  1.8%4.8%
  1.4%0.8%
  1.8%1.9%
  2.9%4.7%
  1.8%1.9%
  5.1%7.6%
  0.0%0.1%
  5.7%4.2%
  9.4%9.3%
  13.5%14.0%
  0.0%2.1%
  7.2%7.0%
  3.3%4.8%
  0.0%4.7%
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