Living in Basalt, Idaho
Cost of living, income, home prices, rent and demographics of Basalt · Census data 2020–2024
Basalt has 569 residents with a median age of 37. The median household income is $78,472 (about the same as the Idaho median), the median home value is $306,600, the median rent is $775/month.
Basalt is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Basalt at a glance
- Population
- 569
- Median age
- 37State: 37.3
- Median household income
- $78,472State: $77,800
- Median home value
- $306,600State: $418,600
- Median rent
- $775/moState: $1,238
- Homeowners
- 80.7%
- Bachelor's degree or higher
- 12.2%
- Average commute
- 29 min
Is Basalt a good place to live?
Pros: Median household income about the same as the Idaho median; home values 27% lower than the state median; unemployment of 0.7%; a poverty rate of 1.4%.
Cons: An average commute of 29 minutes.
The weather is best in June to September.
Cost of living in Basalt
Housing is the biggest part of the cost of living. In Basalt the median home value is $306,600, 8% lower than the U.S. median. Renters pay a median of $775 per month, which is 18.7% of household income. Homeowners with a mortgage pay $1,717 a month in housing costs.
Basalt median household income
The median household income in Basalt is $78,472 and the income per person is $30,474. 1.4% of residents live below the poverty line (Idaho: 10.6%).
Housing in Basalt: homes for sale and rent
- Housing units
- 210
- Owner-occupied
- 80.7%
- Renter-occupied
- 19.3%
- Vacant
- 1.4%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.75
Basalt demographics
- Population
- 569
- Median age
- 37
- Under 18
- 30.4%
- 65 and older
- 12.1%
- Households
- 207
- Foreign-born
- 8.6%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Basalt ›
Education in Basalt
12.2% of adults 25 and older in Basalt have a bachelor's degree or higher (Idaho: 31.8%), and 3.3% have a graduate or professional degree.
Jobs and commute in Basalt
- Unemployment rate
- 0.7%State: 3.7%
- Average commute
- 29 minState: 22 min
- Work from home
- 13.8%
- Drive alone
- 69.8%
- Public transit
- 0.7%
- Walk to work
- 1.9%
- Homes with broadband
- 92.8%
Basalt vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Basalt | 569 | $78,472 | $306,600 | $775 |
| Firth | 429 | $56,250 | $235,400 | $775 |
| Shelley | 5,092 | $77,563 | $295,200 | $1,265 |
| Groveland | 1,422 | $76,094 | $359,600 | $1,195 |
| Blackfoot | 12,782 | $64,032 | $262,500 | $839 |
| Idaho Falls | 67,725 | $73,110 | $335,500 | $1,075 |
| Ammon | 19,064 | $86,121 | $381,800 | $1,372 |
| Moreland | 1,326 | $60,682 | $248,500 | $579 |
| Riverside | 867 | $105,625 | $279,000 | — |
More for people moving to Basalt
Basalt ZIP code ›Weather and climate ›Living in Basalt: FAQ
What is the median household income in Basalt, ID?
The median household income in Basalt is $78,472, about the same as the Idaho median of $77,800 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Basalt?
The median home value in Basalt is $306,600, compared with $418,600 in Idaho.
How much is rent in Basalt?
The median gross rent in Basalt is $775 per month, about 18.7% of household income.
Is Basalt, ID a good place to live?
Pluses: median household income about the same as the Idaho median; home values 27% lower than the state median; unemployment of 0.7%; a poverty rate of 1.4%. Minuses: an average commute of 29 minutes.
What is the median age in Basalt?
The median age in Basalt is 37 years (Idaho: 37.3).
How long is the commute in Basalt?
The average commute to work in Basalt is 29 minutes; 13.8% of workers work from home.
What is the unemployment rate in Basalt?
The unemployment rate in Basalt is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Basalt?
12.2% of adults in Basalt have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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