Banks, ID — income, home value, property tax, and sales tax.
In ZIP code 83622, near Banks, households bring in a median of $65,625 a year, while per-capita income sits at $40,567. That earnings base meets a steep housing market: the median home value is $576,800, so property taxes at the county's 0.34% rate still run a substantial dollar amount each year. A 7.00% combined sales tax adds to everyday costs on purchases. Together these figures shape a tight spending plan, with housing and sales taxes absorbing a meaningful share of what people earn in this area.
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