Zip 83856 (Priest River, ID) Economy


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83856 Priest River, ID is a small town located in Northern Idaho, with a population of just over 2,000 people. This small community has a very strong economic base due to the presence of local businesses such as Silverwood Theme Park and Mountain West Furniture. These companies bring jobs and money into the local economy, making it an attractive place for residents to live. The rent for two bedrooms in 83856 Priest River, ID is currently $950 per month which is significantly lower than the U.S average of $1,430 per month. Similarly, the grocery cost index in 83856 Priest River is 100 compared to 100 in the US which indicates that groceries are similarly priced across both areas.

Priest River (zip 83856) has an unemployment rate of 6.1%. The US average is 6.0%.

Priest River (zip 83856) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Priest River (zip 83856)
- The Sales Tax Rate for Priest River (zip 83856) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Priest River (zip 83856) 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 Priest River (zip 83856)
- The average income of a Priest River (zip 83856) resident is $20,197 a year. The US average is $28,555 a year.
- The Median household income of a Priest River (zip 83856) resident is $52,363 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPriest River, IdahoUnited States
  6.16
  1.6%-6.2%
  41.0%33.5%
  6.0%6.2%
  6.9%4.6%
  $29,186$37,638
  $52,363$69,021
  $71,567$85,028
  Population by Occupation
  3.5%1.2%
  0.0%0.5%
  11.7%6.8%
  15.2%10.0%
  2.8%2.5%
  8.6%11.0%
  7.7%4.8%
  1.0%0.8%
  1.3%1.9%
  0.9%4.7%
  0.7%1.9%
  6.2%7.6%
  0.0%0.1%
  6.6%4.2%
  4.5%9.3%
  12.1%14.0%
  0.7%2.1%
  8.2%7.0%
  4.8%4.8%
  3.6%4.7%
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