Zip 83349 (Richfield, ID) Economy


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Richfield, ID 83349 is a small town located in the southeast of Idaho, and has plenty to offer its residents. The average 2 Bedroom rent in Richfield is $840 which is much cheaper than the national average of $1,430. In addition, grocery costs are also below the national average with a cost index of 91 versus 100 in the US. Residents here have access to local companies and services that provide daily convenience. Local grocery stores include Smith’s Food & Drug and Edwards Market Center while other amenities like banks, gas stations, business centers, churches and recreational parks can be found around town as well. Residents can also enjoy educational opportunities at nearby institutions such as College Of Southern Idaho or Eastern Idaho Technical College.

Richfield (zip 83349) has an unemployment rate of 5.8%. The US average is 6.0%.

Richfield (zip 83349) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Richfield (zip 83349)
- The Sales Tax Rate for Richfield (zip 83349) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Richfield (zip 83349) 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 Richfield (zip 83349)
- The average income of a Richfield (zip 83349) resident is $27,209 a year. The US average is $37,638 a year.
- The Median household income of a Richfield (zip 83349) resident is $60,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichfield, IdahoUnited States
  5.86
  -2.5%-6.2%
  36.3%33.5%
  6.0%6.2%
  6.9%4.6%
  $27,209$37,638
  $60,000$69,021
  $68,375$85,028
  Population by Occupation
  9.3%1.2%
  2.4%0.5%
  10.2%6.8%
  20.5%10.0%
  5.0%2.5%
  9.0%11.0%
  4.0%4.8%
  0.3%0.8%
  3.6%1.9%
  0.0%4.7%
  0.0%1.9%
  0.6%7.6%
  0.0%0.1%
  2.4%4.2%
  10.6%9.3%
  7.6%14.0%
  1.1%2.1%
  5.2%7.0%
  2.9%4.8%
  5.3%4.7%
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