Salmon, Idaho (population 83467) is a great place to live for those looking for affordable cost of living. The average two bedroom rent in Salmon is $860, significantly lower than the US average of $1,430. The grocery cost index in Salmon is also very low at 91 when compared to the US index of 100. This means that residents can purchase more groceries with their money here compared to other places.
In Salmon, there are numerous local businesses that help make this city unique. One such business is Sawtooth Adventure Company which specializes in outdoor recreation and guided tours through the stunning landscape surrounding Salmon. Another popular local company is High Country Meats, a family-owned butcher shop offering fresh cuts of meat from locally raised livestock. Finally, there is Backwoods Brewery, a craft brewery serving up flavorful beers made with locally sourced ingredients.
Salmon (zip 83467) has an unemployment rate of 6.9%. The US average is 6.0%.
Salmon (zip 83467) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Salmon (zip 83467)
- The Sales Tax Rate for Salmon (zip 83467) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Salmon (zip 83467) 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 Salmon (zip 83467)
- The average income of a Salmon (zip 83467) resident is $23,904 a year. The US average is $28,555 a year.
- The Median household income of a Salmon (zip 83467) resident is $47,991 a year. The US average is $69,021 a year.