Madison County, ID

Comprehensive housing, income, and cost of living data for Madison County, Idaho. Population: 52.5K.

Median Home Price
$393.6K

Based on 4 cities

Median Household Income
$58.3K

Annual household income

Price-to-Income Ratio
6.8x

Less affordable

Salary Needed to Buy
$98.8K

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

Housing & Finance

Annual Property Tax
$1,813

Average annual amount

Effective Tax Rate
0.46%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,990
Property Tax$151
Insurance$164
Total Monthly$2,305
Historical Home Prices
2015
$172.8K
2016
$185.9K
+7.6%%
2017
$199.0K
+7.1%%
2018
$218.2K
+9.6%%
2019
$239.8K
+9.9%%
2020
$277.9K
+15.9%%
2021
$360.7K
+29.8%%
2022
$386.4K
+7.1%%
2023
$371.9K
-3.8%%
2024
$377.9K
+1.6%%
2025
$398.7K
+5.5%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.1%%

Below national average

Population Density
112

People per square mile

Homicide Rate
8.5

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
84.5%
Black
0.9%
Hispanic
9.7%
Asian
1.4%
Two or More Races
2.4%

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

Climate & Environment

Average Temperature
43°F

Annual average

Sunny Days
205

Days per year

Annual Rainfall
16.0"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 59/100

January Low
39°F

Average winter low

July High
92°F

Average summer high

Frequently Asked Questions

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

The median home price in Madison County, Idaho is $393.6K. The price-to-income ratio is 6.8x, meaning the median home costs 6.8 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $98.8K per year to buy the median home in Madison County, ID. Monthly housing costs break down to $1,990 for mortgage, $151 for property tax, and $164 for insurance.

What is the property tax rate in Madison County?

The effective property tax rate in Madison County is 0.46%, which comes to approximately $1,813 per year on the median home.

What is the median household income in Madison County?

The median household income in Madison County, Idaho is $58.3K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.1%%.

Is Madison County a good place to live?

Madison County, Idaho has a population of 52.5K. Housing affordability is challenging with a price-to-income ratio of 6.8x. The climate averages 43 degrees F with 205 sunny days per year. Compare Madison County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.