83654 New Meadows, ID is an idyllic small town nestled in the mountains of Idaho. This charming town has a population of just over 600 people and provides plenty of opportunity for families or individuals looking for a peaceful escape from big city life. Rent for a two-bedroom apartment in 83654 New Meadows is $1,040 which is significantly less than the US average of $1,430. In terms of cost of living, 83654 New Meadows has an affordability index that falls below the US average. The Grocery Cost Index (GCI) for 83654 New Meadows is 95 compared to the US GCI at 100, making it more affordable to purchase groceries here as well.
The local economy in 83654 New Meadows is mainly comprised of family-owned businesses such as Al’s Supermarket and Home Hardware Store. Other companies serving the community include Mason’s Cafe and Riverside Pizza Restaurant. Together these businesses contribute to the vibrant atmosphere in this small mountain town and provide locals with all the necessary amenities they need to live comfortably.
New Meadows (zip 83654) has an unemployment rate of 9.2%. The US average is 6.0%.
New Meadows (zip 83654) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for New Meadows (zip 83654)
- The Sales Tax Rate for New Meadows (zip 83654) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Meadows (zip 83654) 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 New Meadows (zip 83654)
- The average income of a New Meadows (zip 83654) resident is $41,805 a year. The US average is $37,638 a year.
- The Median household income of a New Meadows (zip 83654) resident is $66,944 a year. The US average is $69,021 a year.