Zip 83650 (Murphy, ID) Economy


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Murphy, Idaho (83650) is an attractive place to live, offering a variety of activities and attractions. The area boasts two-bedroom rents at around $1,000 and a grocery cost index of 93, both cheaper than the national averages. Residents can enjoy outdoor recreation at the nearby Bruneau Dunes State Park, go fishing on the Snake River, or take in the views from Rattlesnake Summit. Local businesses include Valley View Farms Store & Bakery, Murphy Lumber Co., Murphy Country Store & RV Park, and more. For those looking for a peaceful place to call home with access to plenty of nature-based activities and affordable living costs - Murphy is ideal.

Murphy (zip 83650) has an unemployment rate of 5.1%. The US average is 6.0%.

Murphy (zip 83650) has seen the job market increase by 6.0% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.

Tax Rates for Murphy (zip 83650)
- The Sales Tax Rate for Murphy (zip 83650) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Murphy (zip 83650) 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 Murphy (zip 83650)
- The average income of a Murphy (zip 83650) resident is $26,619 a year. The US average is $28,555 a year.
- The Median household income of a Murphy (zip 83650) resident is $53,214 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMurphy, IdahoUnited States
  5.16
  -1.3%-6.2%
  37.4%33.5%
  6.0%6.2%
  6.9%4.6%
  $28,738$37,638
  $53,214$69,021
  $54,643$85,028
  Population by Occupation
  10.0%1.2%
  0.0%0.5%
  10.0%6.8%
  6.5%10.0%
  1.4%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  2.5%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.3%9.3%
  44.8%14.0%
  0.0%2.1%
  8.6%7.0%
  3.6%4.8%
  8.2%4.7%
Health