Zip 83253 (May, ID) Economy


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United States / Idaho / No Metro Area / Lemhi County / No City / May (zip 83253)
83253 May, Idaho is a small city located in southwestern Idaho. It has an affordable cost of living with an average 2 bedroom rent of $830 per month. This is significantly lower than the US average of $1,430 per month. Grocery costs are also lower in 83253 May, with a grocery cost index of 92 compared to 100 in the US. The city is home to various local businesses including Abbott's Sewing Center, Valley Electric Company and Valley Concrete Products. All these local companies provide employment opportunities for residents at competitive wages which helps keep the cost of living low.

May (zip 83253) has an unemployment rate of 6.9%. The US average is 6.0%.

May (zip 83253) 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 35.6%, which is higher than the US average of 33.5%.

Tax Rates for May (zip 83253)
- The Sales Tax Rate for May (zip 83253) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for May (zip 83253) 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 May (zip 83253)
- The average income of a May (zip 83253) resident is $30,624 a year. The US average is $37,638 a year.
- The Median household income of a May (zip 83253) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMay, IdahoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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