Living in Idaho Falls, Idaho

Cost of living, income, home prices, rent and demographics of Idaho Falls · Census data 2020–2024

Idaho Falls has 67,725 residents with a median age of 33.7. The median household income is $73,110 (6% lower than the Idaho median), the median home value is $335,500, the median rent is $1,075/month.

Idaho Falls at a glance

Population
67,725
Median age
33.7State: 37.3
Median household income
$73,110State: $77,800
Median home value
$335,500State: $418,600
Median rent
$1,075/moState: $1,238
Homeowners
64.2%
Bachelor's degree or higher
31.7%
Average commute
19 min

Is Idaho Falls a good place to live?

Pros: Home values 20% lower than the state median; an average commute of 19 minutes.

Cons: Median household income 6% lower than the Idaho median; unemployment of 4.2%; a poverty rate of 11.5%.

The weather is best in June to September.

Cost of living in Idaho Falls

Housing is the biggest part of the cost of living. In Idaho Falls the median home value is $335,500, about the same as the U.S. median. Renters pay a median of $1,075 per month, which is 26.9% of household income. Homeowners with a mortgage pay $1,570 a month in housing costs.

Median home value

Idaho Falls$335,500
Idaho$418,600
United States$332,700

Median monthly rent

Idaho Falls$1,075
Idaho$1,238
United States$1,413

Idaho Falls median household income

The median household income in Idaho Falls is $73,110 and the income per person is $35,811. 11.5% of residents live below the poverty line (Idaho: 10.6%).

Median household income

Idaho Falls$73,110
Idaho$77,800
United States$80,734

Housing in Idaho Falls: homes for sale and rent

Housing units
26,531
Owner-occupied
64.2%
Renter-occupied
35.8%
Vacant
6.8%Includes seasonal homes
Median year built
1977
Average household size
2.68

Idaho Falls demographics

Population
67,725
Median age
33.7
Under 18
27.8%
65 and older
13.6%
Households
24,728
Foreign-born
4.2%
Veterans
7.8%Adults 18+

Race and ethnicity

White82.8%
Hispanic or Latino16.7%
Black0.5%
Asian0.7%

Hispanic or Latino can be of any race. Population history of Idaho Falls ›

Education in Idaho Falls

31.7% of adults 25 and older in Idaho Falls have a bachelor's degree or higher (Idaho: 31.8%), and 9.6% have a graduate or professional degree.

Bachelor's degree or higher

Idaho Falls31.7%
Idaho31.8%
United States35.7%

Jobs and commute in Idaho Falls

Unemployment rate
4.2%State: 3.7%
Average commute
19 minState: 22 min
Work from home
9.5%
Drive alone
74.2%
Public transit
2.5%
Walk to work
1%
Homes with broadband
92.6%

Idaho Falls vs nearby towns

TownPopulationMedian incomeHome valueRent
Idaho Falls67,725$73,110$335,500$1,075
Lincoln4,002$84,280$377,500$1,218
Ammon19,064$86,121$381,800$1,372
Iona2,984$84,914$420,300$1,533
Ucon1,606$89,079$340,900$969
Shelley5,092$77,563$295,200$1,265
Basalt569$78,472$306,600$775
Rigby5,404$85,056$336,200$1,180
Lewisville453$83,750$236,500$933

More for people moving to Idaho Falls

Idaho Falls ZIP code ›Weather and climate ›

Living in Idaho Falls: FAQ

What is the median household income in Idaho Falls, ID?

The median household income in Idaho Falls is $73,110, 6% lower than 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 Idaho Falls?

The median home value in Idaho Falls is $335,500, compared with $418,600 in Idaho.

How much is rent in Idaho Falls?

The median gross rent in Idaho Falls is $1,075 per month, about 26.9% of household income.

Is Idaho Falls, ID a good place to live?

Pluses: home values 20% lower than the state median; an average commute of 19 minutes. Minuses: median household income 6% lower than the Idaho median; unemployment of 4.2%; a poverty rate of 11.5%.

What is the median age in Idaho Falls?

The median age in Idaho Falls is 33.7 years (Idaho: 37.3).

How long is the commute in Idaho Falls?

The average commute to work in Idaho Falls is 19 minutes; 9.5% of workers work from home.

What is the unemployment rate in Idaho Falls?

The unemployment rate in Idaho Falls is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Idaho Falls?

31.7% of adults in Idaho Falls 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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