Malta, Idaho (83342) is known for its small-town appeal and low cost of living. The average two bedroom rent in Malta is only $930 per month, while the national average is $1,430. This lower rent rate helps to reduce overall expenses for those who choose to live in this rural town. Grocery Cost Index in Malta is 90 compared to 100 in the US, making it a great place to stretch your budget and get more bang for your buck. Some of the local companies that make Malta their home are Camas Country Store, Grandview Dairy Farms, Wacker Produce LLC, and many others. All together these businesses help to keep costs low while providing jobs and other services for residents in this tight-knit community.
Malta (zip 83342) has an unemployment rate of 3.1%. The US average is 6.0%.
Malta (zip 83342) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Malta (zip 83342)
- The Sales Tax Rate for Malta (zip 83342) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Malta (zip 83342) 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 Malta (zip 83342)
- The average income of a Malta (zip 83342) resident is $21,587 a year. The US average is $37,638 a year.
- The Median household income of a Malta (zip 83342) resident is $42,727 a year. The US average is $69,021 a year.