Medimont, ID 83842 is a small community located in the northern part of the state. The median 2 bedroom rent in this area is $950, which is lower than the US average of $1,430 and the grocery cost index in this area is 98, compared to 100 for the US. This makes Medimont an attractive location for those looking to save on their monthly expenses. The local economy is primarily supported by regional agriculture, retail stores, and restaurants. Companies that flourish include Robinson Farms, a family-owned farm and market that provides fresh produce to both locals and tourists; Red River Trading Post, offering unique Native American crafts and souvenirs; and Applebee’s Restaurant & Bar, providing diners with quality food and drinks. With its affordable living costs and strong local companies, Medimont proves to be a great place to call home.
Medimont (zip 83842) has an unemployment rate of 5.0%. The US average is 6.0%.
Medimont (zip 83842) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 45.1%, which is higher than the US average of 33.5%.
Tax Rates for Medimont (zip 83842)
- The Sales Tax Rate for Medimont (zip 83842) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Medimont (zip 83842) 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 Medimont (zip 83842)
- The average income of a Medimont (zip 83842) resident is $23,043 a year. The US average is $37,638 a year.
- The Median household income of a Medimont (zip 83842) resident is $51,094 a year. The US average is $69,021 a year.