83254 Montpelier, ID is a small but prosperous city in the western part of the state. The 2 bedroom rent in this area is $820, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in 83254 Montpelier, ID comes in at 91 versus the US index average of 100. There are many great local businesses located throughout this area such as Hillside Inn Restaurant & Lounge, Castle Rock Pub and Grill, and Amburgey's Grocery Store. Each of these businesses provides quality products and services to residents and visitors alike while contributing to the economic vitality of the region.
Montpelier (zip 83254) has an unemployment rate of 3.3%. The US average is 6.0%.
Montpelier (zip 83254) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Montpelier (zip 83254)
- The Sales Tax Rate for Montpelier (zip 83254) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Montpelier (zip 83254) 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 Montpelier (zip 83254)
- The average income of a Montpelier (zip 83254) resident is $25,196 a year. The US average is $37,638 a year.
- The Median household income of a Montpelier (zip 83254) resident is $52,923 a year. The US average is $69,021 a year.