Zip 83660 (Parma, ID) Economy


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Parma, Idaho (83660) is a small city in Canyon County with a population of around 3,000. The average two bedroom rent in Parma is $1,020 compared to the national average of $1,430. Grocery prices in Parma are also very low with the cost index being 92 compared to the US average of 100. Parma is home to several local companies such as Parma Agronomics Inc., a local agricultural products store, and JB Electric Incorporated, a licensed electrical contractor for residential and commercial clients. Other businesses in Parma include Tater’s BBQ & Catering which serves up delicious barbecue specialties, and G&F Construction Co., specializing in construction services such as roofing and siding projects.

Parma (zip 83660) has an unemployment rate of 4.3%. The US average is 6.0%.

Parma (zip 83660) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 48.1%, which is higher than the US average of 33.5%.

Tax Rates for Parma (zip 83660)
- The Sales Tax Rate for Parma (zip 83660) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Parma (zip 83660) 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 Parma (zip 83660)
- The average income of a Parma (zip 83660) resident is $18,494 a year. The US average is $28,555 a year.
- The Median household income of a Parma (zip 83660) resident is $53,720 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParma, IdahoUnited States
  4.36
  -1.5%-6.2%
  48.1%33.5%
  6.0%6.2%
  6.9%4.6%
  $23,824$37,638
  $53,720$69,021
  $58,589$85,028
  Population by Occupation
  19.2%1.2%
  0.5%0.5%
  16.1%6.8%
  12.1%10.0%
  5.0%2.5%
  7.0%11.0%
  5.5%4.8%
  0.1%0.8%
  0.9%1.9%
  0.9%4.7%
  0.0%1.9%
  4.0%7.6%
  0.0%0.1%
  4.4%4.2%
  5.8%9.3%
  8.2%14.0%
  0.7%2.1%
  2.6%7.0%
  4.3%4.8%
  2.8%4.7%
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