Franklin County, ID

Comprehensive housing, income, and cost of living data for Franklin County, Idaho. Population: 14.4K.

Median Home Price
$416.9K

Based on 3 cities

Median Household Income
$66.0K

Annual household income

Price-to-Income Ratio
6.3x

Less affordable

Salary Needed to Buy
$103.2K

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

Housing & Finance

Annual Property Tax
$1,512

Average annual amount

Effective Tax Rate
0.36%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$2,108
Property Tax$126
Insurance$174
Total Monthly$2,408
Historical Home Prices
2015
$177.9K
2016
$190.3K
+7.0%%
2017
$217.6K
+14.4%%
2018
$239.9K
+10.2%%
2019
$263.1K
+9.7%%
2020
$311.2K
+18.3%%
2021
$395.9K
+27.2%%
2022
$411.2K
+3.8%%
2023
$397.3K
-3.4%%
2024
$412.6K
+3.9%%
2025
$422.3K
+2.4%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.6%%

Below national average

Population Density
22

People per square mile

Homicide Rate
14.3

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
89.8%
Black
0%
Hispanic
7.3%
Asian
0%
Two or More Races
2.2%

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

Climate & Environment

Average Temperature
45°F

Annual average

Sunny Days
177

Days per year

Annual Rainfall
23.1"

Inches per year

Natural Disaster Risk
Low Risk

Score: 8/100

January Low
39°F

Average winter low

July High
92°F

Average summer high

Frequently Asked Questions

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

The median home price in Franklin County, Idaho is $416.9K. The price-to-income ratio is 6.3x, meaning the median home costs 6.3 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $103.2K per year to buy the median home in Franklin County, ID. Monthly housing costs break down to $2,108 for mortgage, $126 for property tax, and $174 for insurance.

What is the property tax rate in Franklin County?

The effective property tax rate in Franklin County is 0.36%, which comes to approximately $1,512 per year on the median home.

What is the median household income in Franklin County?

The median household income in Franklin County, Idaho is $66.0K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.6%%.

Is Franklin County a good place to live?

Franklin County, Idaho has a population of 14.4K. Housing affordability is challenging with a price-to-income ratio of 6.3x. The climate averages 45 degrees F with 177 sunny days per year. Compare Franklin County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.