Zip 83645 (Midvale, ID) Economy


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United States / Idaho / No Metro Area / Washington County / Midvale / Midvale (zip 83645)
83645 Midvale, ID is a small city in south-central Idaho with a population of around 800 people. The cost of living in Midvale is quite affordable, with the average 2 bedroom rent costing $960 compared to $1,430 for the US overall. This provides residents with ample opportunities to save money on rent and still enjoy all that this rural paradise has to offer. Grocery costs are also significantly lower in Midvale with an index of 93 versus 100 for the US as a whole.
Midvale is home to several companies such as AJB Sheet Metal Co., J&R Transport, and 3 Brothers Refrigeration & Heating LLC. These local companies provide much needed job opportunities for the area's residents and contribute to its economic vibrancy. Additionally, these local businesses offer quality services at competitive prices reflecting the lower cost of living.
Overall, it is clear that 83645 Midvale, ID offers a great deal when it comes to cost of living when compared to other parts of the country. Residents are able to take advantage of plenty of job opportunities while saving money on both rent and groceries due to its relative affordability compared to other cities.

Midvale (zip 83645) has an unemployment rate of 5.3%. The US average is 6.0%.

Midvale (zip 83645) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Midvale (zip 83645)
- The Sales Tax Rate for Midvale (zip 83645) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Midvale (zip 83645) 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 Midvale (zip 83645)
- The average income of a Midvale (zip 83645) resident is $21,201 a year. The US average is $28,555 a year.
- The Median household income of a Midvale (zip 83645) resident is $73,214 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMidvale, IdahoUnited States
  5.36
  1.9%-6.2%
  30.7%33.5%
  6.0%6.2%
  6.9%4.6%
  $29,269$37,638
  $73,214$69,021
  $78,594$85,028
  Population by Occupation
  8.6%1.2%
  3.6%0.5%
  15.1%6.8%
  2.3%10.0%
  0.5%2.5%
  3.4%11.0%
  2.1%4.8%
  1.0%0.8%
  3.1%1.9%
  1.6%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  0.0%4.2%
  21.3%9.3%
  1.3%14.0%
  0.0%2.1%
  8.3%7.0%
  1.6%4.8%
  24.9%4.7%
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