Bannock County, ID

Comprehensive housing, income, and cost of living data for Bannock County, Idaho. Population: 87.4K.

Median Home Price
$385.4K

Based on 7 cities

Median Household Income
$64.1K

Annual household income

Price-to-Income Ratio
6.0x

Less affordable

Salary Needed to Buy
$97.3K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,918

Average annual amount

Effective Tax Rate
0.50%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,949
Property Tax$160
Insurance$161
Total Monthly$2,269
Historical Home Prices
2015
$147.1K
2016
$155.5K
+5.7%%
2017
$162.3K
+4.3%%
2018
$181.5K
+11.8%%
2019
$205.2K
+13.1%%
2020
$237.1K
+15.6%%
2021
$305.5K
+28.8%%
2022
$322.8K
+5.6%%
2023
$331.1K
+2.6%%
2024
$343.7K
+3.8%%
2025
$344.8K
+0.3%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.8%%

Below national average

Population Density
79

People per square mile

Homicide Rate
2.8

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
81.1%
Black
0.8%
Hispanic
9.6%
Asian
1.5%
Native American
2.3%
Two or More Races
3.6%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
45°F

Annual average

Sunny Days
192

Days per year

Annual Rainfall
19.2"

Inches per year

Natural Disaster Risk
High Risk

Score: 67/100

January Low
41°F

Average winter low

July High
92°F

Average summer high

Frequently Asked Questions

What is the median home price in Bannock County, ID?

The median home price in Bannock County, Idaho is $385.4K. The price-to-income ratio is 6.0x, meaning the median home costs 6.0 times the median household income.

What salary do you need to buy a home in Bannock County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $97.3K per year to buy the median home in Bannock County, ID. Monthly housing costs break down to $1,949 for mortgage, $160 for property tax, and $161 for insurance.

What is the property tax rate in Bannock County?

The effective property tax rate in Bannock County is 0.50%, which comes to approximately $1,918 per year on the median home.

What is the median household income in Bannock County?

The median household income in Bannock County, Idaho is $64.1K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.8%%.

Is Bannock County a good place to live?

Bannock County, Idaho has a population of 87.4K. Housing affordability is challenging with a price-to-income ratio of 6.0x. The climate averages 45 degrees F with 192 sunny days per year. Compare Bannock County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.